Oct
16
Slow Growth, Plentiful Promise in Fort Lauderdale
ByAfter years of dormancy in the wake of the financial crisis, office construction is finally sprouting in Fort Lauderdale, where more than 585,000 square feet of space is expected to come online by the end of the year.
After years of dormancy in the wake of the financial crisis, Fort Lauderdale’s office market is starting to come alive. Over the past four years, only one new office property—a 143,535-square-foot building in Miramar—was delivered. However, developers have recognized the market’s strengthening economic conditions, solid job growth among office-using sectors and increasing investor appetite. As a result, construction is sprouting…
