mFm Construction announced the launch of Lincoln Park, a townhome community located in the heart of Hollywood. Lincoln Park will be developed in phases on three parcels of land — located between 22nd and 23rd avenues on Lincoln Street, directly across from the actual Lincoln Park and a soon-to-be-developed public elementary school — and just steps away from downtown Hollywood. Designed by Kaller Architects, the $20 million new urbanism development will be comprised of 36 three-story townhomes. Groundbreaking is slated for late-2007, with occupancy scheduled for late-2008.
The expansive, family-style townhomes each feature four bedrooms, more than 1,800 square feet of living space, and pre-construction prices from the low-$400,000s. A majority of residences will surround a full-size swimming pool, open-air courtyard and children’s playground, with lush green landscaping and areas for residents to entertain and socialize.
mFm is offering qualified buyers the option to put down just 5 percent on their townhome purchase. Eligible buyers can even spread out the payment of their 5 percent deposit, making monthly payments from the time they sign a contract to the start of construction. Additional developer incentives include more than $30,000 in buyer benefits, such as first-year property taxes and maintenance fees, as well as $10,000 in closing costs, to be paid by mFm Construction.
The fully-finished Lincoln Park residences will come equipped with modern Italian-style kitchen cabinetry; stainless steel appliances; granite in kitchens and baths; 10-foot ceilings and marble floors in the living room, with nine-and-one-half-foot ceilings throughout; private patio; and tinted, energy-efficient impact-resistant windows and sliding doors. Lincoln Park offers secure resident and guest parking, as well as security services.
Lincoln Park residents have access to a neighborhood park that is walking distance from the community that features lighted basketball, racquetball and bacci ball courts, a playground, ballpark and wide-open green spaces. The community also neighbors a new elementary school, to be built directly across the street.
The Lincoln Park development team includes Kaller Architects and Terrabella Realty, the exclusive brokerage in charge of sales and marketing.
For more information, call Terrabella Realty at 305.933.3053, or visit lincolnparkhollywood.com.
Location Between 22nd and 23rd avenues on Lincoln Street, Hollywood
Housing Type Townhome
Number of Units 36
Number Sold 25% sold
Delivery Date Late-2008
Price Range From the low-$400,000s
Developer mFm Construction