The trend of converting South Florida office park land to residential could continue as Doral considers an apartment proposal by Ram Realty.
Ram Dev, an affiliate of Peter D. Cummings’ Ram Realty in Palm Beach Gardens, wants to build Intercontinental Village, a 332-unit apartment complex in the Transal Business Park. The company has the 16.4-acre site under contract with current owner Avente Ltd.
Transal Business Park is zoned industrial, although it has a hotel and a restaurant that are considered compatible uses for the business park.
The property that could go residential is located on the south side of Northwest 27th Street at Northwest 84th Avenue. That’s next to the Intercontinental at Doral hotel.
A handful of other industrial and office properties in Doral have residential development plans pending.