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spaces are in demand. With The Main Las Olas fully leased, Fort Lauderdale as the nation’s 8th best local economy for 2023
we look forward to the FATVillage Hines T3 project bringing and ranked the city 12th for investor demand. High occupancy
more quality office space in the future. rates in multifamily rental buildings are driving developers to
make their mark on the DowntownFTL skyline. Over 40 planned
While many downtowns throughout the country struggled
to remain vibrant over the past few years, Downtown Fort residential developments are in the works, creating the density
Lauderdale filled restaurants and shops in 2022 at 110% of needed to sustain a walkable and connected downtown.
pre-pandemic levels. The downtown food scene was fueled Crucial to Downtown’s continued vibrancy and evolution
by the opening of new options ranging from Fogo de Chão to is a range of housing options available to rent and own.
Flemings, from Planta to Pura Vida, from Santiago’s Bodega to Downtown Fort Lauderdale is about to enter its next condo
Matchbox, from Mister O1 Pizza to Crema, and from Fireman boom. Plans are underway to increase the supply of
Derek’s to Vicky Bakery. New openings on the way include downtown condo buildings by 50%, adding over 600 new
Moxies, Asbury Ale House, and more. Downtown restaurants condo units across 6 new buildings. This is a notable shift in
deliver quality dining experiences and have set the stage for the residential market given that only one new downtown
future investment by world renowned restauranteurs. condo building, 100 Las Olas, has been built since 2007.
This shift will continue to keep Downtown Fort Lauderdale on
Downtown Fort Lauderdale is increasingly attracting visitors
seeking an elegant downtown experience. Downtown now has the map for home buyers looking for new product.
over 1,500 hotel rooms available and has added 8 new hotels Downtown Fort Lauderdale is on the rise and is on pace to
over the past 5 years. In fact, 75% of all downtown hotel rooms become the next hot city. Recognized as a Magnet: 18-Hour
have been built since 2018! The unprecedented interest from City by the Urban Land Institute and PwC, Fort Lauderdale has
visitors is driving the development of new downtown hotels like earned this designation alongside cities like Charlotte, Denver,
The Whitfield, poised to become the first 5-star luxury hotel on and San Diego, largely due to our community’s timeless
Las Olas Boulevard, which broke ground last spring. appeal to residents, employees, and visitors. Fort Lauderdale’s
urban core has more units built and occupied than both
2023 & BEYOND. Downtown Austin and Downtown Nashville, indicating that
Downtown Fort Lauderdale has a sustainable foundation for Downtown Fort Lauderdale is an in-demand place to live.
future growth that will continue to enhance our quality of life. The lifestyle available in Fort Lauderdale and levels of density
Given downtown’s evolution, the Urban Land Institute and PwC, compared to other hot cities has transitioned downtown into
a global leader in accounting and business advisory, named the ideal destination of choice.

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