Fort Lauderdale resort developer proposes land swap with city

Miami /
Apr.April 09, 2015 01:30 PM

The owners of the Bahia Cabana Beach Resort want to redevelop, and have reportedly proposed a land swap with the city of Fort Lauderdale to do it.

Randolph Equity Partners, which owns the 70-room hotel and marina on Fort Lauderdale Beach, has submitted plans to city officials for a $160 million redevelopment of the resort.

The plans include a 196-room hotel, a luxury 112-unit condominium complex, and a marina. Restaurant, retail and gallery spaces would be available, and the developer has said it would create pedestrian pathways and plazas along A1A too, the Sun Sentinel reported.

Randolph Equity would build on the current Bahia Cabana site, at 3001 Harbor Drive, along with two neighboring parcels at 1001 and 1015 Seabreeze Boulevard, according to the newspaper.

The Seabreeze Boulevard parcels are owned by the city, and a fire station currently occupies the 1015 Seabreeze Boulevard plot.

Randolph Equity has offered to exchange the plots for a 0.38-acre site it owns at 3109 Harbor Drive, where it would build a $4.5 million fire station to replace the one it would build over. The Fort Lauderdale-based developer has also thrown in 150 parking spaces from the project’s new parking garage, the Sun Sentinel reported.

A city official told the newspaper that the plan will be reviewed in detail and brought before the city commission. [Sun Sentinel]Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Tavistock's Joe Lewis with  Pier Sixty-Six (Super Yacht Fan)
Tavistock’s long-planned Pier Sixty-Six condos hitting the market soon
Tavistock’s long-planned Pier Sixty-Six condos hitting the market soon
RK Centers’ Raanan Katz and Aimco's Wes Powell with the SW corner of Northeast Fifth Avenue and Northeast Ninth Street (LinkedIn, Google Maps)
Aimco completes $100M Flagler Village dev assemblage with latest $16M deal
Aimco completes $100M Flagler Village dev assemblage with latest $16M deal
Keiser University CEO Arthur Keiser in front of 1900 West Commercial Boulevard and 1500 Northwest 49th Street in Fort Lauderdale (Keiser University, Keenan Development Group, Getty Images)
Keiser University sells pair of Fort Lauderdale office properties for $58M
Keiser University sells pair of Fort Lauderdale office properties for $58M
Mark Post, CEO of Newport Beach, Calif.-based Javier’s Cantina with 1601 East Lake Drive in Ft. Lauderdale (Instagram via mark.javierscantina, Joy Triglia)
California restaurateur buys waterfront Fort Lauderdale mansion for $13M
California restaurateur buys waterfront Fort Lauderdale mansion for $13M
845 Northeast Fifth Terrace and two other unaddressed lots in Fort Lauderdale with Aimco's CEO Wes Powell (Google Maps, LinkedIn, Illustration by Priyanka Modi for The Real Deal with Getty)
Aimco adds to Flagler Village dev site set for 3M sf mixed-use project
Aimco adds to Flagler Village dev site set for 3M sf mixed-use project
Midtown's Alejandro Velez and Prospect Real Estate's Michele Zahn, and Richard Zahn Sr. with rendering of Advantis Station (Midtown Capital Partners, Prospect Real Estate Group, Baker Barrios)
Developers score $65M construction loan for Flagler Village apartments
Developers score $65M construction loan for Flagler Village apartments
7070 Northeast Third Avenue, Fort Lauderdale; Asana Partners' Terry Brown, Sam Judd and Jason Tompkins (Felipe Calderon, Asana Partners)
Asana buys office, industrial properties in Fort Lauderdale’s Flagler Village
Asana buys office, industrial properties in Fort Lauderdale’s Flagler Village
1600 Northeast 12th Terrace
Triangle Services pays $17.5M for Fort Lauderdale industrial building
Triangle Services pays $17.5M for Fort Lauderdale industrial building
arrow_forward_ios

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

Loading...