Grover Corlew Acquires Site in Fort Lauderdale’s Urban Uptown Village to Build Mayla Cypress Creek
This is Grover Corlew’s second upscale multifamily community under the Mayla Residences brand
Fort Lauderdale, Florida (July 18, 2022) – Grover Corlew announced today the acquisition of a 3.71-acre site which includes nearly an acre of land on the Citrix (Nasdaq: CTXS) campus and an office building at 6261 N.W. Sixth Way, in Fort Lauderdale’s up-and-coming Urban Uptown Village. Grover Corlew’s site will be developed into Mayla Cypress Creek, the real estate investment management group’s second multifamily project in South Florida.
Focused on acquiring, transforming and managing office, multifamily and retail properties across the southeastern U.S., Grover Corlew plans to level the 36,282-square-foot office complex at 6261 N.W. Sixth Way and develop the site into Mayla Cypress Creek, a seven-story luxury residential building. Mayla Cypress Creek will be conveniently located just west of I-95 along Cypress Creek Road and in close proximity to the Cypress Creek Tri-Rail station.
“We’re thrilled that the city has approved mixed-use zoning that will bring Mayla Cypress Creek to what is becoming a lifestyle-workstyle area of Fort Lauderdale,” said partner Anuj Grover. “Mayla Cypress Creek will enable those who work in nearby office buildings to live close by in an upscale setting. Along with new multifamily residences, the mixed-use zone will also encourage restaurants, retailers and entertainment venues to move into the district. Similar to Flagler Village, this region has great potential to emerge as Fort Lauderdale’s next on-trend neighborhood.”
Featuring 312 upscale residences, Mayla Cypress Creek will include high-end lifestyle amenities to elevate the surrounding office and commercial district into a vibrant neighborhood to live, work and play. Like Mayla Pompano, which is currently under construction along the east Atlantic Boulevard corridor and set for completion in 2023, Mayla Cypress Creek will include a courtyard with a pool, a fitness center, coworking space, a yoga area, a clubroom and a dog spa. Residents will have access to 586 indoor and outdoor parking spaces that will be shared with the neighboring Citrix office building.
Mayla Residences set a high standard for luxury multifamily residences in prime locations that promote walkability. The contemporary residences are designed to maximize beauty and function with generous interior features and are being designed to mirror the personality of each local community where they are located.
“We are strategically focused on building upmarket Mayla Residences across South Florida, and we’ve identified rising areas that are ideally located near major roadways, Tri-rail and Brightline for our new residential complexes,” said partner Mark Corlew. “Many communities are dealing with a shortage of housing, so we are thrilled to be introducing our upscale multifamily model to help alleviate these issues and create more connected and vibrant local communities.”
Grover Corlew plans to break ground on the new project in August 2023.
For more information on Grover Corlew, visit grovercorlew.com.
About Grover Corlew
Real estate veterans with a proven track record of more than 100 years of combined industry experience lead Grover Corlew in acquiring, transforming and managing office, multifamily and retail properties across the southeastern U.S., with a focus on Florida. The Grover Corlew team has developed, owned and managed 10,000+ units and more than 10 million sq. ft. of commercial space, taking a personalized approach to investor and tenant relationships, which has attracted corporate headquarters to Grover Corlew signature buildings. The company is actively developing new projects that will continue to help revitalize and stimulate local communities.