BREAKING: Rockpoint and the Morgan Group have just announced a groundbreaking joint venture to develop the Caroline at Sunrise, a new multifamily community featuring 452 units in Fort Lauderdale’s Sunrise submarket. This significant project is set to transform a 21-acre site into a vibrant living space, designed to meet the rising demand for community-focused housing in Florida.
The Caroline at Sunrise promises a garden-style community with an array of modern amenities, including a two-story clubhouse, a state-of-the-art fitness center, a yoga studio, and a resort-style pool. Moreover, residents will enjoy co-working spaces, a pet spa, and a dog park, catering to the growing preference for a lifestyle that combines convenience with leisure.
Dan Domb, managing member and COO of Rockpoint, expressed enthusiasm about the investment, stating,
“We are excited to make this investment on behalf of our limited partners. We continue to see positive demand dynamics in select Florida submarkets, including a shift in tenant preferences towards community-based living.”
Construction is scheduled to commence in early 2026, with the first units expected to be available by 2027. This development is poised to provide a unique living experience that balances the allure of proximity to major city centers with the beachside lifestyle that defines Florida.
The Caroline at Sunrise not only reflects the changing dynamics of housing demands but also underscores the ongoing economic growth in the region, making it a key player in Fort Lauderdale’s real estate landscape. As housing needs evolve, projects like Caroline at Sunrise are critical in addressing community preferences and enhancing the quality of life for future residents.
Stay tuned for updates as construction progresses on this exciting new community that is set to reshape the Fort Lauderdale skyline. This development is more than just housing; it represents a lifestyle shift towards more integrated and amenity-rich living, making it a hot topic among potential residents and investors alike.
