The District in Davie: What a $1 Billion Development Means for Nearby Home Values

A $1 billion project is going up at Griffin Road and State Road 7. If you own or want to buy a single family home near it, the real question is not whether it changes your value. It is which direction, and when. This is the largest project of its kind in Davie history, and it sits in a part of town that has been car first and low density for decades. That combination is exactly why it matters to the homes around it.

The facts on The District

The District is being built by El-Ad National Properties with architecture by Cooper Carry. It sits on the southwest corner of Griffin Road and State Road 7, the road also known as US 441, in eastern Davie ZIP code 33314. The plan totals about 2.8 million square feet, which makes it the largest multifamily project the town has approved.

Here is what is going in:

• 1,292 apartments across five buildings, ranging from 20 to 24 stories
• About 36,000 square feet of retail, including a small format grocer
• Roughly 2,650 parking spaces
• Direct proximity to Nova Southeastern University and the South Florida Education Center

The project topped off in February 2026 and Phase 1 is scheduled to finish in December 2026. The developer closed an $85 million construction loan in September 2025. You can confirm project details and public hearing records through the Town of Davie planning department, and the campus context through Nova Southeastern University next door.

What a project this size does to nearby single family values

Large residential and retail projects push home values in two directions at once. Which force wins depends on how close you are and what buyers want.

The upward pressure is amenity. A part of eastern Davie that had almost nothing walkable is about to have a grocer, restaurants, and daily retail within a short drive or a bike ride. Buyers pay for convenience. Homes that were priced as pure commuter stock can start pricing as walkable stock, and that is a real premium in South Florida.

The downward pressure is supply and density. Adding almost 1,300 apartments increases the local rental pool. For an owner selling to another owner, more apartments nearby do not compete directly with a single family home. For an owner who rents the property out, the new supply can soften rents in the immediate radius. Density also changes the feel of a corridor, and some buyers who chose Davie for its suburban, low rise character will read a 24 story tower cluster as a reason to look elsewhere.

The net effect is not townwide. It is a function of distance from the intersection. The best way to read your own exposure is to look at community level market data for the blocks nearest the corridor rather than a townwide average that hides the local story.

The traffic question at Griffin Road and State Road 7

Traffic is the concern I hear most from owners near the site, and it is a fair one. Griffin Road and State Road 7 already carry heavy volume, and the education center adds student and staff trips on top of resident traffic. During construction, expect lane impacts and slower peak hours. After completion, a project with 2,650 parking spaces will add trips, though the retail and grocer also let some residents stay local instead of driving out for errands.

For a buyer, the practical move is to drive the route you would actually use at 8 a.m. and at 5 p.m. before you write an offer. Corridor road projects and signal timing changes are tracked through Broward County and the town, so a home two blocks off the main intersection can have a very different daily experience than one directly on it.

If you own a single family home near the corridor

If you already own near The District, you have a timing decision, not a panic decision. Values in the immediate radius tend to move in stages around a project like this: a soft or uncertain period during heavy construction, then a firmer period once the retail opens and the “what will it become” question is answered.

Selling before completion means selling into uncertainty, which can cap your price. Selling after the grocer and retail open means selling into a proven amenity, which supports your price if the traffic tradeoff does not scare your specific buyer. If you want to see what a sale actually nets you at today’s numbers, run a seller net sheet so the decision is based on real proceeds, not a list price.

If you are buying near The District

Buying near a major project can be a genuine opportunity if you read it correctly. You are often buying during the uncertainty window, which is when prices are softest. Three things to verify before you commit:

1. Exact distance and line of sight from the property to the towers and the intersection

2. The assessed value trend for that block through the Broward County Property Appraiser, so you know the tax base you are buying into

3. Your actual commute at peak hours, driven in person, not estimated from a map

The rest of the process is the same as any Davie purchase. Start with the fundamentals in the buying a home in Davie guide, and read the current Davie real estate market in 2026 before you set a number.

Frequently Asked Questions

Will The District raise or lower my home value in eastern Davie?

Both forces are in play. The walkable grocer and retail add an amenity premium that supports value, while the added apartment supply and density can pressure it. The net result depends on how close your home is to the intersection and whether your likely buyer values convenience over low density.

When will The District be finished?

The project topped off in February 2026, and Phase 1 is scheduled for completion in December 2026. Expect the retail and grocer to be the value signal buyers respond to, since a completed amenity resolves the uncertainty that softens prices during construction.

Is traffic at Griffin Road and State Road 7 going to get worse?

Expect construction period impacts and additional trips once the towers are occupied. The on site grocer and retail offset some of that by keeping short errands local. A home set back from the main intersection will usually have a very different daily experience than one directly on the corner.

Should I sell my Davie home before or after The District opens?

Selling during heavy construction means selling into uncertainty, which can cap your price. Selling after the retail opens means selling into a proven amenity. The right answer depends on your timeline and your net proceeds, which is why a seller net sheet should come before the decision.

Does a $1 billion apartment project hurt single family homes nearby?

Apartments do not compete directly with single family homes for owner occupant buyers, so the direct sale comparison is limited. The larger effect is on the corridor’s character, traffic, and nearby rents. Read the effect at the block level, not the townwide level.

Work With a Davie Real Estate Specialist

A project this size rewards owners and buyers who read it at the block level and move on facts, not headlines. If you own or want to buy near The District, book a strategy call and get a specific read on your street, your timing, and your numbers.

Book a Davie strategy call: https://bit.ly/daviestrategycall

Anthony Spitaleri, Broker Associate, Coldwell Banker. Serving Davie, Florida and the surrounding Broward market. Call or text (954) 235-5783 or visit livingindavieflorida.com.

Anthony Spitaleri is a Broker Associate with Coldwell Banker, one of the most established residential real estate brands, with approximately 3,000 offices globally and a founding in 1906. A Davie native who returned home in 2025 after 13 years in Miami Beach, Anthony specializes in luxury homes and estates above $1 million, acreage and equestrian properties with no HOA, and relocation buyers moving to Davie from out of state. He created livingindavieflorida.com, the most in depth independent Davie real estate resource available, with in depth coverage of Davie’s gated communities, acreage and equestrian properties, and luxury estates, plus original weekly market data, interactive tools, Town Council recaps, and a 24/7 AI concierge. Anthony has been licensed in real estate since 2013 (BK3281907), is a Certified Strategic Coach through Coaching Services International (CSI), an active member of the Davie Cooper City Chamber of Commerce, and a weekly volunteer at Bit by Bit Therapeutic Riding Center in Davie. Learn more on the About Anthony page.