UNMATCHED LOCATION—LIVE/ WORK/ PLAY AMENITY BASE AND HEALTHCARE CENTER
At the heart of Fort Lauderdale and Broward County runs the New River, a winding natural wonder that connects the Intracoastal Waterway to the Everglades. One hundred years ago, the New River became the focal point of a fledgling Fort Lauderdale community, as area pioneers settled near the site of an early ferry. Today, the New River has once again become a center of South Florida life, thanks to the recently-completed Riverwalk that runs from the Broward Center for the Performing Arts east to the historic Stranahan House and the nearby shops of Las Olas Boulevard.
As planned, Riverwalk Residences of Las Olas will be ideally situated on the Riverwalk and Southeast Third Avenue, at 333 North New River Drive, East. Residents will enjoy direct access to the Riverwalk, where they will be able to stroll past boat slips and enjoy yachts and sailboats as they navigate along the New River. Easy access to restaurants and shops along Las Olas Boulevard will offer abundant options for leisurely outings.
Potential future residents will help to create a more vibrant Riverwalk while they support downtown restaurants, shops, services and cultural attractions. And they will have minimal impact on downtown traffic and almost no impact at peak travel times. Research shows an adult living venue will generate less than half of the number of vehicular trips generated by a standard apartment building.
Fort Lauderdale Overview Fort Lauderdale is located in Broward County, Florida and is often referred to as the “Venice of America” due to its extensive and intricate canal system. Sitting 23 miles north of Miami and adjacent to the Atlantic Ocean, this picturesque city features a tropical climate with temperatures averaging approximately 80 degrees Fahrenheit year round, driving an extremely strong base of tourism of over 10.5 million visitors per year.
Readily accessible, Fort Lauderdale’s success is attributed to its robust transportation network. The city benefits from an excellent accessibility provided by superior ground, water, and air access including Fort Lauderdale/ Hollywood International Airport and Miami International Airport, which serviced more than 82 million passengers combined in 2016. Fort Lauderdale/Hollywood International Airport is only expected to grow in coming years after recently undergoing a substantial runway expansion. The city’s convenient accessibility affords the area year-round visitation of both domestic and international travelers.
Fort Lauderdale has established itself as a popular travel destination both nationally and internationally, offering continuous sunshine, miles of pristine beaches, and an endless array of outdoor activities and events. Over the past fifteen years, extensive redevelopment has turned Fort Lauderdale Beach from a seasonal Spring Break spot for college party-goers into a family vacation destination and an international business center and higher education hub. The renovation, spurred by the approval of a $47 million General Obligation Bond in 1986, included a redesign of coastal highway A1A, the elimination of beachfront parking, brick-paved pedestrian crosswalks, expanded sidewalks, and a pedestrian beachfront promenade. This significant redevelopment of Fort Lauderdale Beach has proven a huge success, and spawned further investment into the area.
Despite being known primarily for its tourism based economy, the area redefined itself and has proven to be an ideal location for many corporations as it has become a growing hotbed for international commerce stemming from its ideal accessibility, world-famous seaport, and flourishing amenities. The city’s overall commitment to improving the Port Everglades area, pedestrian beachfront walkways, and downtown roadways have made Fort Lauderdale a top destination for residents and visitors alike.
The transformation of a tourism dependent city to a thriving business community, surrounded by a plethora of growing academic institutions, has been a major catalyst for business growth in the area. Institutions including Nova Southeastern University, Florida International University, Florida Atlantic University, Barry University, Broward College, City College, The Art Institute of Fort Lauderdale, and University of Phoenix have established a strong presence in Fort Lauderdale. These expanding institutions coupled with the recent development of the downtown area, have attracted many of the nation’s premier corporations including American Express, Motorola, Auto Nation, DHL Express, and Citrix Systems.