By Brian Bandell
Florida East Coast Industries has revealed plans for an office and retail tower near its Brightline passenger rail station in Fort Lauderdale.
Amid ongoing development around the Brightline stations in Miami and West Palm Beach, there’s been speculation for years about what FECI would build in Fort Lauderdale, the middle of its passenger line. There’s already been a development boom by third-party builders around the site in Fort Lauderdale’s Progresso Village, with many apartments, shops and some hotels.
The choice of office space for Fort Lauderdale makes sense, given that FECI was largely successful in leasing its two new office buildings at MiamiCentral.
FECI hired CBRE’s Christopher Gallagher and Jeffrey Kelly to prelease 101 Fort Lauderdale along Northwest Second Avenue, between Broward Boulevard and Northwest Fourth Street. The 14-story tower would have 175,000 square feet of office space, 15,000 square feet of ground-floor retail, and a parking garage. There would be about 2.5 parking spaces for every 1,000 square feet leased.
The ground-floor space would include restaurants, fitness and shared conference facilities. The property is also connected to Broward County Transit and the Sun Trolley.
FECI has completed two office buildings at MiamiCentral, with two apartment towers and the retail/restaurant component still under construction. Its apartment tower near the West Palm Beach station should be completed by the end of this year.
Nichols Brosch Wurst Wolfe (NBWW) architecture are involved in the design of both the new tower in Fort Lauderdale and MiamiCentral’s two office buildings.
Read the full story HERE >>>> Source: South FL Biz Journal https://www.bizjournals.com/southflorida/news/2018/07/09/feci-to-build-office-tower-near-brightline-in-fort.html