CRA Board Approves Incentive for New Mixed-Use Commercial Development Project
On December 7, 2021, the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners, approved a resolution for a $4,000,000 Development Incentive Program (DIP) loan to 909 NW 6th St. LLC for a mixed-use commercial development project located at 909 Sistrunk Blvd. The proposed project consist of a four-story contemporary style mixed -use development that will include 76,000 square feet of commercial space. Commercial space uses include: 3,335 square feet of restaurant, food and beverage 7,660 square feet of retail 18,442 square feet of office space 2,865 square feet of common area 44,658 square feet for a parking garage with more than 80 parking spaces The developer, 909 NW 6th St. LLC, is an affiliated company of Fuse Group Investment Companies who has been investing in the Sistrunk area for the last four years. The Fuse Group has successfully renovated “The Pharmacy” (900,914...