Portman Holdings Receive Greenlight for 397‑Unit Mixed‑Use Redevelopment at Former Wells Fargo Site in Pompano Beach

Key Points

• 397 new apartments plus 10,591 sq ft of retail, set to replace a 1960s-era Wells Fargo office building

• Fall 2026 groundbreaking, with late‑2028 completion targeted

• Features include rooftop pool deck, interior courtyard, gym, and a pedestrian-focused ground floor

Portman Holdings has secured approval from Pompano Beach’s Planning Commission to transform the outdated Wells Fargo site at 2400 E. Atlantic Blvd into a sleek, eight-story mixed-use community. Designed with modern amenities and a pedestrian-first attitude, the project is poised to reshape the local residential landscape. 

Project Overview

• The current building, approximately 45,635 sq ft and built in 1964, will be demolished to make way for this new development.

• The project covers 3.2 acres and includes 397 apartments, ranging from studios to three-bedroom layouts, and 10,591 sq ft of retail, including al fresco dining space.

Design & Amenities

• Architectural features include an eight-story structure with a rooftop pool deck, interior courtyard, and a gym, aimed at premium living standards.

• The street level will be pedestrian and cyclist-friendly, with wide sidewalks, bike paths, and ground-floor restaurants, enhancing walkability and community engagement.

Timeline & Partners

• The project received planning commission approval in August and is slated to begin construction in Fall 2026, with expected completion by late 2028.

• Portman Holdings, led by SVP Marc Brambrut, is collaborating with KEITH (local planners) and MSA Architects on design and execution.

Market Context

• This is part of a broader multifamily development surge in Pompano Beach, fueled by a shift away from suburban office usage and growing demand for walkable, mixed-use urban living environments.

• The project aligns with citywide transformation goals, reinforcing Pompano’s emerging reputation as a vibrant, connected, and modern lifestyle destination.

Pompano Continues Evolution

Portman Holdings’ 397‑unit redevelopment at the former Wells Fargo site is a strategic move in Pompano Beach’s ongoing evolution. With robust amenities, retail integration, and a pedestrian-friendly design, it exemplifies the direction of South Florida’s next-gen urban residential growth. Set to kick off in the next few years, the project offers strong opportunity for both investors and local landlords to benefit from rising demand and elevated community engagement.