Plantation Walk's Final Apartment Phase Moves Forward With $67 Million Financing

Plantation Walk is moving closer to completing one of the largest mixed-use redevelopment projects in Plantation.

White Oak Development secured roughly $67 million in construction financing for a new apartment building planned on the final remaining development parcel within the approximately 27-acre Plantation Walk property.

The project is expected to add nearly 300 additional apartments, further expanding the residential component of the development along University Drive.

For Plantation residents, buyers, investors, and business owners, the project is another sign that Plantation Midtown continues shifting toward higher-density mixed-use development.

For more local housing and development coverage, explore our Plantation Real Estate & Neighborhood Guide.

What Is Being Built at Plantation Walk?

The final residential phase is planned for 321 N University Drive within Plantation Walk.

Plans call for an eight-story apartment building with approximately 297 residential units, including a small number of live/work residences that combine residential and business space.

The development will occupy one of the final remaining parcels within Plantation Walk, bringing the larger redevelopment significantly closer to completion.

The project was reported after White Oak Development secured approximately $66.6 million in construction financing in March 2026.

You can read more about the financing and development through the South Florida Business Journal.

Plantation Walk Has Already Transformed the Area

Plantation Walk represents a major transformation of the former Fashion Mall property.

Rather than rebuilding the site as another traditional enclosed shopping mall, the redevelopment introduced a mixture of:

• Apartments

• Restaurants

• Retail

• Offices

• Entertainment

• Public gathering spaces

The result is a development designed around people living, working, dining, and shopping within the same district.

That is significantly different from the older suburban model where residential neighborhoods, office parks, and shopping centers were typically separated.

You can explore the development directly through the official Plantation Walk website.

Why Nearly 300 More Apartments Matter

Adding roughly 300 apartments to one property may not sound transformative by itself.

But Plantation Walk is only one piece of a larger apartment-building trend occurring across Plantation.

Other projects in and around Plantation Midtown are adding hundreds of additional units, including new residential development at Plantation Crossroads and other redevelopment sites.

Taken together, these projects could add thousands of additional residents to central Plantation.

That creates more demand for restaurants, grocery stores, fitness facilities, medical practices, salons, entertainment, professional services, and other nearby businesses.

Browse our Restaurants in Plantation, FL directory to see some of the local dining options already serving the area.

Plantation Midtown Is Becoming More Residential

Plantation Midtown historically contained major office properties, shopping centers, hotels, and commercial uses.

That balance is changing.

New apartment projects are increasingly adding residential density alongside existing offices and retail.

The City of Plantation has reported thousands of residential units developed or planned around projects including Plantation Walk, Plantation Crossroads, and Waters Edge.

That growth helps explain why Midtown is becoming one of Plantation's most important areas to watch from a real estate perspective.

Residents can follow official planning and development activity through the City of Plantation Planning, Zoning & Economic Development Department.

What Are Live/Work Apartments?

One particularly interesting element of the planned building is the inclusion of live/work units.

These properties are designed to combine residential living space with an area that may support certain types of business activity.

The concept fits naturally into a mixed-use development like Plantation Walk.

Instead of forcing someone to live in one neighborhood and operate a small business somewhere else, live/work units can place both functions within the same development.

They can be particularly relevant for professionals, consultants, creative businesses, and other operators who don't necessarily require a traditional standalone storefront.

What Could the Project Mean for Nearby Businesses?

More apartments mean more potential customers living within walking or short driving distance of Plantation Midtown businesses.

That can be particularly valuable for businesses dependent on recurring local traffic.

Restaurants may gain additional dinner and weekend customers.

Gyms and wellness businesses may gain nearby members.

Medical and professional offices may benefit from a larger residential population.

Retailers may see more shoppers living directly around them.

And home-service companies gain hundreds of additional households that may eventually need cleaning, moving, maintenance, repairs, and other services.

Explore businesses throughout the city in our Plantation FL Business Directory.

What About Traffic?

More housing inevitably raises questions about traffic.

Hundreds of additional apartments can increase vehicle activity around University Drive and surrounding roads, particularly during morning and evening travel periods.

However, mixed-use development is also intended to place housing closer to employment, restaurants, shops, and services.

A Plantation Walk resident may be able to reach dining, shopping, entertainment, or even work without making the same type of longer car trip required from a more isolated residential neighborhood.

Whether that ultimately reduces or increases traffic pressure depends on how residents actually travel.

For people considering buying a nearby home, future development and transportation patterns are worth considering alongside the property itself.

Could Plantation Walk Affect Nearby Home Values?

Major redevelopment can influence the surrounding real estate market, but the effect isn't automatically positive or negative.

New restaurants, retail, entertainment, housing, and investment can make an area more attractive.

Some buyers may value being close to Plantation Walk because they can quickly access dining and amenities.

Other buyers may prefer quieter neighborhoods farther away from major mixed-use developments.

Property values also depend on broader factors including mortgage rates, insurance costs, housing inventory, home condition, and buyer demand.

If you're researching nearby neighborhoods, browse our Realtors in Plantation, FL directory to find local professionals who can help explain current market conditions.

Plantation Walk Isn't the Only Major Apartment Project

Plantation's current development pipeline extends well beyond Plantation Walk.

Another major project is planned around the Plantation Crossroads office property, where hundreds of apartments are being added to land historically associated with office uses.

You can read our article on the Nearly 400 New Apartments Planned at a Plantation Office Park for more details.

This growing number of apartment projects suggests Plantation's future housing growth will increasingly come through redevelopment and infill, rather than entirely new subdivisions.

That makes sense for an established city with relatively limited vacant land.

Why Plantation Is Redeveloping Instead of Expanding

Plantation cannot simply expand outward indefinitely.

Most of the city is already developed.

Future growth therefore often requires finding new uses for existing land.

That can mean:

• Replacing outdated commercial properties

• Redeveloping former shopping centers

• Adding housing around office properties

• Building on underused parking areas

• Increasing density in designated mixed-use districts

• Replacing older buildings with modern development

Plantation Walk is one of the clearest examples of this strategy in action.

A site once dominated by a traditional mall is now home to apartments, restaurants, retail, offices, and public gathering areas.

What Else Is Coming to Plantation?

Plantation continues reviewing and developing projects across several parts of the city.

That includes residential development, commercial redevelopment, townhomes, apartments, healthcare projects, and plans affecting major older properties.

The city's official planning department provides information about development applications and projects under review.

For anyone considering buying property near a major construction site, checking those official records can provide valuable context.

You can also read our guide to Plantation Areas With the Most Redevelopment Potential.

The Bottom Line

Plantation Walk's final apartment phase represents another major step in the redevelopment of central Plantation.

With roughly 297 additional apartments planned and approximately $67 million in construction financing secured, the project will add another significant residential component to the already large mixed-use development.

More importantly, it reinforces a broader trend.

Plantation's future growth is increasingly centered around mixed-use redevelopment, apartments, infill construction, and adding housing to established commercial districts.

Plantation Walk may be nearing completion, but Plantation's broader redevelopment story is far from finished.

For more local housing, development, and neighborhood coverage, visit our Plantation Real Estate & Neighborhood Guide, or browse Realtors in Plantation, FL if you're considering buying or selling property in the area.