An Italian developer has closed on the site of a Hollywood apartment project, adding to a growing pipeline of multi-family developments in South Florida.

Coral Gables-based Calta Group, led by founders and brothers Ignazio and Gaetano Caltagirone, and managing partner Igor Blatnik, paid $9.5 million for the 1.6-acre property at 2215 Hollywood Boulevard. Calta plans an eight-story, 180-unit development on the site, Gaetano Caltagirone said. Read More