Pompano

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Plans for Orchid Grove, at 649 S. Cypress Road, included 385 three-storhy townhomes and 96 two-story condo units. Units ranged from 1,076 to 2,669i square feet and are pricer fromthe mid-$200,000s to the $500,000s, accordinv to the company’s Web site. Abou half of the building have been completed and the othere half of thesite hasn'tr come out of the No construction workers were on the site Fridayu and the sales office was closed. Only one home has been sold in Orchidc Grovesince September, according to county records.
Orchid Grovwe is a joint venture betweenFort Lauderdale-bases Coscan Homes and New York-based (Pink TARRQ), which filed for Chapter 11 bankruptcyy reorganization in January. Orchid Grove LLC was not listede in the Chapter11 filing. The notic e of foreclosure filingby Birmingham, Ala.-based Regions Bank named Orchisd Grove LLC, Coscan Homes, Tarragob and Coscan Corporate It exempted the units that were previousl sold. Regions Bank’s mortgage to Orchid Grovde was last modifiedat $34 million in 2006. Fort Lauderdal e attorney Craig S. Barnett, who represents the bank in the did not immediately return a callseeking comment.
Messageas left at Tarragon and Coscan were notimmediately