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Downtown Update continued

• Downtown Fort Lauderdale’s residential development is are beginning to emerge along the New River, setting the stage
driving Broward’s growth. for Downtown Fort Lauderdale’s latest evolution.
15 projects | 6,500 units in the pipeline
At 2.2 square miles, DowntownFTL makes up just 6% of the
City’s land mass but: 1,400 units under construction
- 4 out 5 new Fort Lauderdale apartments are developed Broward Gateway
in Downtown FTL Where arts and culture meet science and discovery. This district
- 2 out of 5 new Broward County apartments are built in is home to DowntownFTL’s major cultural institutions and is
Downtown FTL anchored by Brightline’s Fort Lauderdale Station. With Broward
- 84% of new residents that have moved to Fort Lauderdale Boulevard as the gateway to DowntownFTL, major developments
since 2020 live in Downtown FTL are planned to create a more connected neighborhood.
- 50% of new residential units built in Broward County have 6 projects | 2,800 units in the pipeline
been delivered in Downtown FTL 350+ units under construction
• Unlike many other cities ln the Sun Belt and traditional About the DDA
central business districts, a majority of Downtown Fort The Fort Lauderdale Downtown Development Authority
Lauderdale’s real estate is residential. (ODA) is a public- private partnership agency that powers the
Cities like Downtown Fort Lauderdale with a strong experience, growth, and prosperity of Downtown Fort
concentration of residential uses are vibrant and full of activity, Lauderdale. The DOA strives to grow DowntownFTL with major
sustain foot traffic for local businesses and public spaces, and investments in real estate, infrastructure, and transportation,
are becoming more walkable communities. Downtown Fort improve public spaces like streets and parks for all to enjoy,
Lauderdale’s Real Estate Mix shows: and connect the city through partnerships that celebrate
- 51% multifamily residential community. 201 E. Las Olas Blvd., Ste. 1150,
- 34% office Fort Lauderdale, FL 33301
- 10% hotel Tel: 954.463.6574 | dda@ddaftl.org | ddaftl.org
- 6% retail
Report Sources
Fort Lauderdale’s 51% Residential Multifamily share of Axiometrics; Broward County Property Appraiser; City of Fort
downtown real estate compares favorably to Tampa’s 43% Lauderdale; Colliers International Florida, Inc.; Costar Group;
downtown residential multifamily, West Palm Beach’s 39% ESRI ArcGis Business Analyst (2023); Fort Lauderdale Downtown
and Miami’s 7%.
Development Authority; Multiple Listing Service (MLS); Rent Café;
• Neighborhood Overview South Florida Business Journal; South Florida Sun-Sentinel;
The Real Deal
Downtown Core & Las Olas
Fort Lauderdale1 s premier employment hub that’s been
transformed into a dynamic mixed-use destination with luxury
high-rise apartments on the banks of the New River.
8 projects | 2,000+ units in the pipeline
1,300 units under construction

Flagler Village
Fort Lauderdale1s fastest growing neighborhood is emerging
as a dynamic live-work-play district, with a majority of its
residential growth having occurred over the past decade.
22 projects | 8,000+ units in the pipeline
1,500 units under construction
South of the New River
A significant rise in residential development is underway with
the creation the Tarpon River Entertainment & Design District.
This area is further anchored by the Broward County Courthouse
abutting Riverwalk and the new Federal Courthouse under
construction along the Tarpon River. New high-rise developments

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