Pompano Beach OKs Cavache Properties’ Rentals Project
Cavache Properties scored final approval for its second Old Town Square multifamily project in Pompano Beach.
Called Old Town Square II, the 319-apartment development will rise on the site of a closed Christ United Methodist Church building at 210 Northeast Third Street, as well as on part of the parcels to the north and south of the church.
The development will consist of a 10-story, 229-unit building and a six-story, 90-unit building. They will be connected by a pair of pedestrian bridges over Northeast Second Street, according to a Cavache news release.
The 10-story building will include 3,400 square feet of commercial space for retail or a restaurant.
Old Town Square II will offer one- to three-bedroom apartments. Construction is expected to start early next year, and completion is slated for mid-2026, according to the release.
The Pompano Beach Planning and Zoning Board approved the project last week.
The green light came nearly two months after Cavache paid $8.4 million for a 5-acre assemblage that consists of six lots, including the 2.3-acre Old Town Square II development site. Aside from the development site, Cavache’s purchase also included 219 Northeast Third Street, a pair of lots at 200 Northeast Fourth Street and a vacant parcel on the northwest corner of Northeast Second Avenue and Northeast Second Street.
Christ United Methodist Church, which sold the real estate, hasn’t used the Pompano Beach building for a while, and has held services in Fort Lauderdale, Adam Adache, managing partner at Cavache, told The Real Deal at the time the sale closed. The firm plans to move a historic building that is part of the church campus to Centennial Park.
Cavache doesn’t yet have project plans for the roughly 2.7 acres that won’t be developed as Old Town Square II, Adache told TRD in May.
A block west of Christ United, Cavache is developing the 281-unit first phase of Old Town Square on 1.7 acres between Northeast Second and Third streets, on the east side of Northeast First Avenue. The project, which will have more than 5,000 square feet of retail, is slated for completion this year.
Cavache, based in Pompano Beach, is led by father-son duo Daniel and Adam Adache, as well as Managing Director Anthony Cavo. The firm’s completed projects include the 24-unit 30 Thirty North Ocean boutique condominium project consisting of a pair of five-story buildings at 3030 North Ocean Boulevard in Fort Lauderdale.
Fort Lauderdale-based Adache Group Architects, led by Daniel Adache, is the Old Town Square II architect of record.
The project is one of several in South Florida rising on former church-owned sites. Also in Pompano Beach, the Archdiocese of Miami’s 8.3 acres at 1200 Northwest Sixth Avenue will be turned into an affordable housing complex. Developer Smith & Henzy Advisory Group, which leases the site from the Archdiocese, is building the St. Joseph Manor II Apartments with 50 units.
