South Florida developer currently has 1,299 units entitled under the Mayla Brand
Grover Corlew, the real estate investment management group and developer of multifamily and office properties, has received final site plan approval at 600 and 700 Hillsboro Boulevard to build 360 Mayla branded luxury apartment units, further renovate the existing on-site Class A office buildings and demolish 45,000-sq.-ft. of obsolete two-story office space.
The new plans for Hillsboro Center will include significant upgrades to nearby public streets, parks, traffic signals and intersections, and will include public plazas on the site as well as a new spine road through the master-planned development to provide better building access. Scheduled to break ground in late 2025, Grover Corlew has already invested more than $10 million in interior renovations at 600 and 700 Hillsboro Boulevard and signed leases for more than 20,000 sq. ft. of office space with several big-name tenants including GardaWorld Security Corporation, Tromberg, Morris & Poulin, and The Craneware Group.
With the approval of Mayla Hillsboro, Grover Corlew now has 1,299 entitled residences under the Mayla brand, which was originally launched in early 2022 with the recently opened Mayla Pompano on East Atlantic Boulevard, adjacent to the company’s 2335 and 2401 East Atlantic Boulevard properties in Pompano Beach. The new luxury multifamily Mayla brand is strategically positioned in prime South Florida locations that promote walkability, while maximizing beauty and function with generous interior features, lifestyle-oriented amenities and ample parking.
“We’ve embarked on a strategy over the past decade to identify and hold in-fill sites with redevelopment potential,” said Partner Mark Corlew. “We have the luxury of having a very low basis in each site with little or no debt, which gives us infinite flexibility to either wait or go forward with construction when market conditions dictate.”
Mayla Pompano is the first project to be completed and is already 50% leased, receiving its temporary certificate of occupancy in late February. Mayla Pompano will be part of a larger mixed-use project that fronts Atlantic Boulevard, midway between US 1 and the intracoastal, that also features 90,000 sq. ft. of commercial space, including ground floor retail and restaurant space.
“Mayla Pompano has been extremely well received by the marketplace since we opened the doors late last fall,” added Partner Anuj Grover. “It’s location near Publix, walkability to amenities including the beach, and its condo-level quality have allowed us to lease available units quickly. Mayla Pompano sets the standard for all Mayla branded properties.”
Grover Corlew’s 312-unit Mayla Cypress Creek is also scheduled to break ground in late 2024. This new development will sit adjacent to Citrix’s headquarters just off Cypress Creek Road and west of I-95. Additionally, the company expects to receive a building permit and begin preliminary sitework later this year on the 271-unit Mayla Congress, which is located just south of Linton Boulevard in Delray Beach. Grover Corlew also has its sights set on expanding into Orlando soon, where it owns the 46-acre Orlando Central office park, adjacent to Baldwin Park and just south of Winter Park.
“We have the ability to redevelop Orlando Central with up to 2,000 multifamily units, in addition to the 640,000 sq. ft. of existing office space,” added Corlew. “We plan to begin developing our long-term strategy for this property over the next two years.”
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.
