News

05 May

On May 3, 2022,  the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners,  approved a  CRA incentive totaling $350,000  to Rhythms 2.0, LLC for the renovation and build-out of a soul food and seafood restaurant at 733-735 Sistrunk Boulevard. The new restaurant will provide a unique dining experience for its customers and add to the cultural diversity of the area. This is in line with the CRA’s goal to make Sistrunk Boulevard a place of destination for entertainment and cultural tourism. City Commissioners approved a forgivable loan from the Property and Business Improvement Program in the amount of $125,000 and $75,000 from the Non-Residential Façade Program. CRA funding will assist the owners with the renovation, remodel, and build out of a 1,200 square foot bay to include a commercial kitchen, equipment, a grease trap, air...

18:37 / News
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25 Apr

On April 19, 2022,  the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners,  approved a $727,000 CRA incentive to Dale's Wheels & Tires Direct Inc., for the construction and renovation of a commercial development located at 200-250 West Sunrise Boulevard, Fort Lauderdale, FL 33311 . The proposed development includes the renovation and modernization of the existing Dale's wheel and tire business, the construction of a new two-story showroom, customer lounge, and warehouse, as well as the build out of an existing building into four rentable commercial units and storefronts. Dale's Wheels & Tires Direct Inc. will receive funding from the CRA's Development Incentive Program (DIP). DIP is a forgivable loan that seeks to  eliminate slum and blight by attracting new businesses to the CRA  area and retaining and allowing existing businesses to expand within the...

19:50 / News / News Article
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11 Jan

By Erik Bojnansky South Florida Business Journal An entrepreneur who has been assembling warehouse space near downtown Fort Lauderdale will break ground near the end of the month on a 5.3-acre arts district that will include spaces for artists, restaurateurs, entertainment venues, and even a brewery. Jonathan Fish, manager of Fish Property Management LLC, is marketing the future Thrive Progresso district as the "Wynwood of Fort Lauderdale." He expects to deliver on the first renovated warehouse space by June, and aims to have eight of the ten industrial properties encompassing around 80,000 square feet of space ready for 40 to 60 tenants by the end of the year. "This is not a small little project. This is an area that is going to be a new destination for people to go to in the Fort Lauderdale area," Fish told the Business Journal. Streetscape improvements such...

17:04 / News
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09 Dec

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...

22:59 / News
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18 Nov

On November 16, 2021,  the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners, held a public hearing and approved a resolution to accept  the proposal of Northeast 6th Development, LLC  to develop the Victory Entertainment Complex. The Board of Commissioners also approved a donation of CRA property  and a $2,450,000 CRA Development Incentive Program loan to the developers. The proposed project will be located  at 1017 Sistrunk Boulevard and 606 NW 10 Terrace.  The development is slated to include a  3-story commercial building and entertainment complex with a craft distillery, restaurant, cigar lounge, wine bar and approximately 1,500 square feet of meeting space. Prospective tenants include:  The Wine Down, Smoke on the Boulevard, Lorna's Grille, Old Sistrunk Distillery and Sistrunk Social. The total cost of the project is $4,000,000. The Victory Entertainment Complex  project is consistent...

16:46 / News
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