To build or to buy? After uproar over price, Fort Lauderdale city hall proposal back for a vote

by Lidia Dinkova

After an uproar over the price tag and deal terms of a new Fort Lauderdale city hall, a renegotiated agreement with the developer that reduces the cost by over $50 million is coming back for a commission vote.  The city has been working on developing a new city hall for about a year, selecting FTL City Hall Partners LLC’s proposal for a 14-story, oval-shaped building with a sci-fi-reminiscent design in downtown Fort Lauderdale. A record-breaking flood in 2023 damaged the former city hall, and Fort Lauderdale has leased space across several buildings since then. FTL City Hall’s development team includes […]

This article originally appeared on The Real Deal. Click here to read the full story.

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Stevan Stanisic

Stevan Stanisic

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Real Estate Advisor | License ID: SL3518131

Real Estate Advisor License ID: SL3518131

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