A prominent 21-story office tower in downtown Fort Lauderdale has changed hands, with its new owner planning extensive upgrades to reposition the property in an increasingly competitive office market. The acquisition adds to a growing portfolio of South Florida investments.
The project replaces a formerly underutilized office property and aligns with the City of Fort Lauderdale’s long-term vision for Uptown Urban Village, which is aimed at bringing more residences and mixed-use development to the area near the Cypress Creek Tri-Rail Station and Fort Lauderdale Executive Airport.
Grover Corlew anticipates immediately breaking ground with completion expected by May 2027.
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