Two companies have committed to space within Fort Lauderdale’s pioneering mass timber office project, marking an important leasing milestone for the emerging mixed-use district.
The newly acquired assemblage spans multiple properties along North Andrews Avenue, totaling more than 20,000 square feet of existing commercial space.
The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.
The project will deliver more than 850 residential units across three towers, Class AA office space with an industrial character with modern conveniences, more than 80,000 square feet of food, shopping, entertainment, art studios, and galleries, and a 1,200-space commercial parking structure. FAT Village aims to become a lifestyle hub for creatives to live, work, eat, and relax.
Upon completion, phase 1 will contain 601 multifamily units; approximately 180,000 square feet of creative office space in Hines’ proprietary, heavy timber T3 (Timber, Transit, Technology) building; and more than 70,000 square feet of retail.
The property, which is situated at 942 Northeast First Avenue, will be home to the Legacy Hotel & Residences, a 50-story mixed-use tower with 274 branded residences atop a 256-room hotel.
A recently completed CVS pharmacy building was included in the deal for an additional $7.5 million. CLICK ON THE HEADLINE FOR MORE
Hines secured approval for 550 residential units, 220 hotel rooms, 47,900 square feet of retail and 365,134 square feet of office. CLICK ON THE HEADLINE FOR MORE
The property, which is 78.6 percent leased, includes over one million square feet of rentable space. CLICK ON THE HEADLINE FOR MORE
The deal includes an additional 5.5 acres of developable land. CLICK ON THE HEADLINE FOR MORE
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