All Aboard Florida eyes Broward bus depot for land swap

Miami /
Aug.August 11, 2014 11:15 AM

To All Aboard Florida, a Broward County bus terminal property is the key to a successful mixed-use development near its downtown Fort Lauderdale station.

The company wants to swap parcels with the county so it can build shops, restaurants, office space, residences and possibly a hotel across from the Northwest Second Avenue station site. All Aboard Florida owns two acres adjacent to the bus depot, which fronts Broward Boulevard. Broward commissioners are expected to discuss the proposal during Tuesday’s meeting.

All Aboard Florida would have to go forward with a scaled-down version of a mixed-use project if commissioners do not approve the land swap, according to the Sun-Sentinel.

The proposed transaction “permits more density and energy at that gateway corner,” All Aboard Florida president Mike Reininger said. “We should all be interested in the highest and best use for real estate in the core downtown.” [Sun-Sentinel]Eric Kalis


Related Articles

arrow_forward_ios
Cushman & Wakefield's Denny St. Germain and Robert Given with 1151 Southwest Ninth Avenue in Fort Lauderdale
CushWake brokers’ entity pays $22M for Fort Lauderdale dev site
CushWake brokers’ entity pays $22M for Fort Lauderdale dev site
Jimmy Tate, Sergio Rok and  Jorge Pérez with renderings of the project
Related Group joins $1B-plus Bahia Mar project in Fort Lauderdale
Related Group joins $1B-plus Bahia Mar project in Fort Lauderdale
1635 North Fort Lauderdale Beach Boulevard (Google Maps, Getty)
Mattress Giant founder sells Fort Lauderdale manse for $13M
Mattress Giant founder sells Fort Lauderdale manse for $13M
Manor Oaks at 2121 East Commercial Boulevard in Fort Lauderdaleto be rebranded as The Savoy at Fort Lauderdale Rehabilitation and Nursing Center and Manor Pines Convalescent Center at 1701 Northeast 26th Street in Wilton Manors to be rebranded as The Pearl at Fort Lauderdale Rehabilitation and Nursing Center (Google Maps)
CareRite pays $36M for pair of Broward nursing, rehab centers
CareRite pays $36M for pair of Broward nursing, rehab centers
Related Group’s Jon Paul Pérez and Jorge Pérez with 600 North Andrews Avenue (Google Maps, Getty)
Related nabs $56M loan to build FATVillage affordable rentals
Related nabs $56M loan to build FATVillage affordable rentals
1000 Riviera Drive in Fort Lauderdale with Cryptocurrency entrepreneur Paul Prager (LinkedIn, Google Maps)
Insurance execs buy Fort Lauderdale teardown for $20M
Insurance execs buy Fort Lauderdale teardown for $20M
2401 Laguna Drive, Fort Lauderdale with Paloma Partners' Donald Sussman (Google Maps, Paloma Partners)
Hedge funder Donald Sussman sells waterfront Fort Lauderdale lot for $17M
Hedge funder Donald Sussman sells waterfront Fort Lauderdale lot for $17M
From left: 5200 Town Center Circle, Rockpoint Group's Bill Walton and Keith Gelb, 1221 Brickell Avenue, 100 Southeast Second Street (Rockpoint Group, Google Maps, LoopNet)
Here are South Florida’s top office sales of 2022
Here are South Florida’s top office sales of 2022
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...