Ground floor of parking garage in downtown Fort Lauderdale may be converted to commercial and retail space

The city is soliciting bids for a ground-floor redevelopment of its downtown parking garage until an Oct. 15 deadline

TRD MIAMI /
Aug.August 19, 2018 11:00 AM

Fort Lauderdale’s municipal parking garage (Credit: Colliers International | Sun-Sentinel)

The city government of Fort Lauderdale is soliciting bids to convert the ground floor of its downtown parking garage to commercial and retail space.

The city will accept bids until Oct. 15, according to Bradley Arendt of Colliers International, a brokerage firm that has a contract to manage the city’s real estate holdings.

“There is certainly interest” among developers, Arendt told the Sun-Sentinel.

He also told the newspaper that the ground-floor project, called Riverwalk Center, would have plenty of patrons because more than 3,000 residential units are under construction within blocks of the parking garage.

Colliers International estimates that the population of downtown Fort Lauderdale will increase by more than 2.2 percent to 44,279 residents over the next five years.

The multi-level municipal parking garage, built in 1982, already has retail space spanning 8,290 square feet, according to the brokerage firm. [Sun-Sentinel] – Mike Seemuth


Related Articles

arrow_forward_ios
Alan Jay Wildstein and 1500 Southeast 10 Street

Auto dealer snags a pad in Fort Lauderdale for $7M

Daily Digest Miami

Miami Beach OKs hotel development on Lincoln Road, Bank OZK’s construction lending is up: Daily digest

La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps)

The Weekly Dish: La Social to open in downtown Miami, Salt & Straw is going to Wynwood 25 & more

Daily Digest Miami

Rise in climate-related home buyouts could worsen housing inequality, Eurostars parent buys historic downtown Miami property: Daily digest

From left: Adam Rubin, Farin Milligan, Nicholas Chatman, Tim Elmes, Addison Ruff, Mike Herstik and Niki Michopoulos

Compass poaches Tim Elmes of Coldwell Banker

Charlie Kushner and Laurent Morali over Fort Lauderdale site (Credit: Google Maps)

Kushner goes to Broward, buying site near Fort Lauderdale train station

One Financial Plaza with Clay Hamlin III and Jay Shidler of Alliance HSP (Credit: Google Maps)

Alliance buys One Financial Plaza in downtown Fort Lauderdale

From left: Edward Romo, Ryan T. Shaw and Scott C. Sandelin and the property

Assemblage in downtown Fort Lauderdale selling for $12M

arrow_forward_ios