M2E Client, Steve Patterson has helped the Related Group diversify its development strategies since joining the firm in 2010, and now its rental and mixed-use division, Related Development, has ramped up its apartment development to rank among the region’s most active builders.
The Miami-based developer recently opened the retail portion at CityPlace Doral, which also includes apartments. In recent months, Related Development has begun construction on six rental projects in Florida and Georgia, including Town Southern in Royal Palm Beach. The Icon Las Olas in Fort Lauderdale topped off at 452 feet, and should be completed this summer.
Patterson said he’s looking for more apartment development sites, especially in Broward County, Tampa, Orlando and Atlanta.