The Morgan Group and Boston-based Rockpoint formed a joint venture to develop Caroline at Sunrise, a 452-unit multifamily community.

The project will feature apartments and townhomes on 21 acres in Fort Lauderdale’s Sunrise submarket. A press release from Rockpoint describes Caroline as a garden-style community with amenities such as a two-story clubhouse, fitness center, yoga studio, pool, co-working space, pet spa and dog park.

“We are excited to make this investment on behalf of our limited partners,” said Dan Domb, managing member and COO at Rockpoint. “We continue to see positive demand dynamics in select Florida submarkets including a shift in tenant preferences towards community-based living. Caroline at Sunrise will provide a unique living experience for residents who value proximity to major city centers while maintaining the resort-style, beachside lifestyle that defines Florida.”

Construction is scheduled to begin in early 2026, with some units expected by 2027.