RENOVATION OF INDUSTRIAL AREA TO FURTHER SPARK REVITALIZATION IN PROGRESSO NEIGHBORHOOD
On July 9, 2019, the Fortlauderdale CRA Board of Commissioners approved $2.8 million in incentives to the developers of Thrive Progresso. The funding will help to revitalize an industrial area into a vibrant urban business district. Thrive Progresso will feature over 60,000 square feet of office, flex, and retail space on approximately 3.5 acres of land. Funding will be also be utilized to make streetscape improvements. The Thrive Progresso project will be located in the heart of the Progresso neighborhood.The buildings where the Thrive Progresso project will be located were originally constructed as warehouse space and, until recently, were occupied by a variety of small businesses consisting of automobile repair garages, auto body/paint shops, rag shops, and other similar uses. The buildings are now mostly vacant. The improvements to the buildings will provide proposed tenants with renovated commercial space to accommodate...
