3363 N Federal Hwy

3363 N Federal Hwy Oakland, FL, 33306
Project o2
Project o2

Located at 3411 North Federal Highway, Parc Apartments is a 7-story, 165-unit multifamily and retail development that exemplifies Oakland Park’s ongoing transformation into a walkable, amenity-rich urban corridor. Developed by Newrock Partners and designed by Studio Mc+G Architecture, the project is slated for completion in June 2026.

Project Snapshot

  • Developer: Newrock Partners
  • Architect: Studio Mc+G Architecture
  • Units: 165
  • Retail Space: 28,000 SF
  • Parking: 297 enclosed spaces
  • Construction Timeline: Start in September 2024, completion by June 2026
  • Financing: $60 million construction loan provided by S3 Capital Partners

Key Project Features

  • Residential Units: 165 Class A apartments with diverse layouts

  • Retail Space: 28,000 SF of ground-floor retail

  • Amenities:

    • 4th-floor pool

    • Fitness center

    • Coworking space

    • Resident library

    • Dog park

  • Parking: 297 enclosed spaces

  • Construction Timeline: Start in September 2024, completion by June 2026

Developer: Newrock Partners

Newrock Partners is a South Florida-based real estate investment and development firm specializing in opportunistic and value-add projects. Known for their hands-on approach and attention to detail, they focus on maximizing property value through efficient execution and leveraging internal and external resources. 

Following the successful completion of the Oaklyn project, an 11-story mixed-use development in Oakland Park, Newrock Partners continues to shape the city's landscape with Parc Apartments. 

Architect: Studio Mc+G Architecture

Studio Mc+G Architecture, founded by Jennifer McConney, is a full-service architecture firm based in Miami, Florida. With over 25 years of experience, Jennifer has led the design of complex mixed-use, hospitality, and residential projects. The firm is known for creating destinations that blend tropical architecture with modern style, respecting the nature, history, and urban lifestyle of South Florida. 

Market Context: Oakland Park Multifamily Outlook

Oakland Park is experiencing significant growth in the multifamily sector. According to CoStar data, the major multifamily markets in Florida have recorded significant rent growth over the past five years, with Palm Beach and Tampa ranking among the top three in the country after posting average apartment rent increases of more than 30% since the fourth quarter of 2019. 

Parc Apartments, with its mix of residential and retail spaces, is well-positioned to meet the increasing demand for quality housing and commercial amenities in the area.

Nearby Local Gems

Explore the vibrant community surrounding Parc Apartments:

  • Funky Buddha Brewery: A renowned craft brewery offering a variety of unique beers and a lively atmosphere.

  • Jaco Pastorius Park: A community park featuring music-themed murals, walking paths, and a playground.

  • Mai-Kai Restaurant: A historic Polynesian-themed restaurant and tiki bar, listed on the National Register of Historic Places.

  • Easterlin Park: A natural haven offering scenic trails, picnic areas, and diverse wildlife. 

Stay Informed

Parc Apartments in Oakland Park, FL, is a 7-story mixed-use development featuring 165 residential units, 28,000 SF of retail space, and modern amenities, scheduled for completion in June 2026.

Project Details

Developer

Newrock Partners

Type

Multifamily

Unit Count

165

Financing

$60 million construction loan provided by S3 Capital Partners

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