Construction Moves Forward at Miramar Cove as Foundation Work Begins on First Rental Apartment Buildings

Credit: Miramar Cove

The buildings will bring 1,062 rental apartments to the site featuring ground-floor shops and restaurants at the new waterfront destination in Southwest Broward

As Southwest Broward grows, people need more places close to home to spend time with family, meet friends and enjoy the outdoors.”

— Andy Ansin, CEO of Sunbeam Properties & Sunbeam Development

MIRAMAR, FL, UNITED STATES, November 10, 2026 /EINPresswire.com/ -- Construction is advancing at Miramar Cove, the 125-acre waterfront destination bringing 2,874 rental apartments and 400,000 square feet of retail, dining and entertainment to Southwest Broward. Crews have begun foundation work on the footings, the widened, reinforced concrete bases built at the very bottom of a foundation to support a structure, and the first concrete pour on the project's first two rental apartment buildings.

Foundation work on the third rental apartment building will follow immediately, putting all three of the first phase's residential buildings under construction. The milestone follows the development’s groundbreaking in May and keeps the first phase on track to open in the fourth quarter of 2028. Construction activity is also advancing at the site's 5.5-acre cove, where crews are carrying out utility and piping work and installing equipment. The translucent blue water cove will serve as a centerpiece of Miramar Cove's waterfront dining and entertainment district.

The first building will include 358 rental apartments above approximately 42,000 square feet of ground-floor retail for shops, restaurants and quick-service dining. The second building will include 363 rental apartments above over 60,000 square feet of ground-floor retail for health, wellness, fashion and daily needs along a walkable main street. Both buildings are wrapped around several levels of structured parking, giving shoppers and diners convenient covered parking within steps of the storefronts, restaurants and waterfront. Together, they anchor the development's western retail district, which pairs everyday convenience with destination dining and lifestyle retail.

Three rental apartment buildings are included in Miramar Cove's first phase, which will bring 1,062 rental apartments to the site. Phase I also includes:

• Approximately 175,000 square feet of retail, dining and entertainment
• The 5.5-acre translucent blue water cove by Blue Mar Basin
• Three state-of-the-art water features
• A 185-key full-service hotel
• A waterfront restaurant district with gondola rides
• A walkable shopping street and restaurant row
• Founders Park
• A private beach and beach club for residents

“Seeing the first buildings take shape brings us closer to a vision we’ve had for Miramar for years,” said Andy Ansin, CEO of Sunbeam Properties & Sunbeam Development. “As Southwest Broward grows, people need more places close to home to spend time with family, meet friends and enjoy the outdoors. We want Miramar Cove to become a gathering place that brings people together and gives the community something to be proud of for generations.”

Miramar Cove will bring new places to shop, dine and enjoy the outdoors to Southwest Broward. Plans include approximately 400,000 square feet of shops, restaurants and entertainment, including a 35,000-square-foot grocery store. The community will also feature 2,874 rental residences with a private beach and a beach club for residents, 125,000 square feet of premium office space, and a 185-room full-service hotel.

At its heart will be a 5.5-acre translucent blue water cove by Blue Mar Basin, where people can gather for waterfront dining and spend time with family and friends. A boardwalk and more than 40 acres of parks and trails will offer places to walk, relax and explore.

Miramar Cove is next to Sunbeam’s 500-acre Miramar Park of Commerce, where more than 15,000 people work at 165 national and international companies. Nearly 477,000 people live and 137,000 people work within five miles of the development. It is also minutes from the 65,000-seat Hard Rock Stadium, which hosts more than 100 major events each year.

Sunbeam Development Corporation has teamed up with Fort Lauderdale-based Stiles to develop and construct Miramar Cove. The first phase of Miramar Cove is expected to open in the fourth quarter of 2028.

About Miramar Cove

Miramar Cove is a 125-acre mixed-use waterfront destination under construction at the intersection of Miramar Parkway and Red Road in Miramar, Florida, between Miami and Fort Lauderdale. Owned by Sunbeam Development Corporation and developed by Stiles, the project will deliver 2,874 residences, approximately 400,000 square feet of retail and entertainment space, 125,000 square feet of Class A office, a 185-key full-service hotel, and more than 40 acres of parks and trails. At its center is the 5.5-acre translucent blue water cove by Blue Mar Basin, a fountain show, a private beach club for residents, and a waterfront dining and entertainment district. The first phase is expected to open in the fourth quarter of 2028. For more information, visit themiramarcove.com.

About Sunbeam Properties & Sunbeam Development

Sunbeam Properties & Sunbeam Development is a privately held real estate development and management company owned by the Ansin family, which also owns Sunbeam Television Corporation, parent company of FOX 7 and ABC 18 in Miami and WHDH-TV and WLVI-TV in Boston. Sunbeam specializes in large-scale, mixed-use and commercial developments that shape the landscape of South Florida. The company developed and manages the Miramar Park of Commerce, the region’s largest locally owned and operated business park spanning more than five million sq. ft., and is now advancing Miramar Cove, a 125-acre mixed-use lifestyle community. Sunbeam is also leading the redevelopment of North Bay Village with a 13-acre waterfront project approved for nearly 2,000 residential units, a 300-room hotel and 870,000 sq. ft. of office and retail space.

About Stiles

Stiles is a full-service commercial real estate firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, real estate brokerage services, property management, architecture, acquisitions and financing. Headquartered in Fort Lauderdale, FL, Stiles maintains a full-service regional office in Charlotte, North Carolina as well as satellite offices throughout Florida and in Nashville, Tennessee. Stiles is responsible for more than 54 million square feet of office, industrial, retail and mixed-use residential projects throughout the southeastern United States. For more information, please visit http://www.stiles.com or call 954-627-9300.

Courtney Moberley Moreno
Top of Mind PR

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