Massive Mixed-Use Project Proposed In Fort Lauderdale

Sep 10, 2019 No Comments by

A large mixed-use project is being proposed in Flagler Village, one of the fastest-growing areas of Fort Lauderdale.

On Sept. 10, the city’s Development Review Committee will consider plans for both the east and west phases of FAT Village. The five-acre project would include apartments, offices, retail, restaurants, and a hotel. The buildings would reach a maximum height of 13 stories.

FAT (Flagler Arts and Technology) Village would replace a handful of one-story industrial building at 501-545 N. Andrews Ave., 500-545 N.W. First Ave., 21 N.W. Fifth St. and 501 N.W. First Ave.

Part of the land is owned by FAT Village Properties, managed by The Restaurant People CEO Tim Petrillo and Alan Hooper of Urban Street Development. The other parcels are owned by Flagler 500 LLC, Flagler 501 LLC and Flagler Warehouse I LLC, all managed by Doug McCraw and Lutz Hofbauer. They are the creators of the FATVillage Arts District, which has attracted many creative businesses and food establishments to the neighborhood.

 

“It’s been a neighborhood that has been funky and cool and people found their way there,” Hooper said. “We want to build something that leads to a new era but still has the DNA of the neighborhood. We want affordable place-making areas for artists and businesses that are up and coming.”

The east side of FAT Village would total 506,209 square feet with 307 apartments, five restaurants totaling 15,878 square feet, 8,442 square feet of retail in four locations, 6,893 square feet of artistic retail, 7,302 square feet of art studios, 62,155 square feet of offices, 145 hotel rooms and 1,049 parking spaces. The apartment building and the hotel would each have a pool.

The apartments on the east side would have 113 studios of 436 square feet, 152 units with one bedroom from 524 to 620 square feet, and 42 units with two bedrooms from 788 to 1,280 square feet.

The west side would have 125 affordable apartments, 13,088 square feet of restaurants, 87,477 square feet of offices, a second office building of 39,060 square feet and 127 parking spaces.

Hooper said existing warehouses would be incorporated into the new office buildings so Flagler Village maintains its industrial feel.

 

“There is a big demand for office space in this area because of all the young talent that lives in Flagler Village, and the Brightline [passenger rail station] is a block away,” Hooper said.

 

Source:  SFBJ

 

 

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Broward County Multifamily, Broward County Office, Broward County Retail, Hospitality, Industry News, Multifamily, NA, Office, Retail
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