Pompano

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Plans for Orchid Grove, at 649 S. Cypres Road, included 385 three-story townhomes and 96 two-story condi units. Units ranged from 1,076 to 2,669 square feet and are pricef fromthe mid-$200,000s to the according to the company’s Web site. Abouy half of the buildings have been completede and the other half of thesite hasn'tg come out of the No construction workers were on the site Fridayh and the sales office was closed. Only one home has been sold in Orchidx Grovesince September, according to county records.
Orchie Grove is a joint venture betweenFort Lauderdale-based Coscan Homees and New York-based (Pinmk Sheets: TARRQ), which filed for Chapter 11 bankruptc y reorganization in January. Orchid Grove LLC was not listefd in the Chapter11 filing. The notic of foreclosure filingby Birmingham, Ala.-based Regions Bank named Orchid Grove LLC, Coscan Tarragon and Coscan Corporate Holdings. It exemptexd the units that werepreviously sold. Regions Bank’se mortgage to Orchid Grove was last modifiedat $34 millionm in 2006. Fort Lauderdalew attorney Craig S.
Barnett, who represents the bank in the did not immediately return a call seeking Messages left at Tarragon and Coscan were notimmediately