The subject property is comprised of 5 parcels totaling 1.67 acres of prime CBD Fort Lauderdale real estate. The site currently has approvals for 622,880 square feet of occupied space (355,230 SF office, 227,050 SF hospitality, 13,900 SF retail) and 466,880 square feet (1,040 spaces) of parking which is in excess of the requirement. The addition of residential space is permissible but will require municipal approvals. The site currently has a 17,000± square foot building to be demolished. Existing tenant leases are short term basis and can vacate before construction begins.
The subject property anchors the southwest corner of the Broward County Courthouse Complex. This site is the only location available with approved office space in the central business district of Fort Lauderdale and within walking distance of the courthouse complex. Legal professionals will have the ability to visit the courthouse complex several times per day without moving their car and fighting for parking spaces.