For example, two hotels, Hampton Inn and Riverside Hotel, willhave 264 new rooms, 20,000 sf of restaurants and a 502-car parkingapron. Retail will be increased by at least 45,566 sf at the23-story Las Olas City Centre, where 367,000 sf of class A officeswill be added on the 2.3 acre site.

Tower 101 adds another 178,000 sf of office and retail. Inaddition, Florida Atlantic University and Broward Community Collegeare building a 12-story, 144,000-sf classroom building. The totalestimated construction cost of $185 million for the 850,000 sf isabout $217 per sf, considered high. Fully occupied, that's about8,500 more people working in this four-block Downtown sector.

Not everybody is pleased with the city's development progressand goals, however. Frank Schnidman, an attorney with Greenberg,Traurig tells Globest.com, "the local government could have beenimplementing incentives for redevelopment, not just development inthis eastward movement, as we find ourselves facing the Evergladesto the west where that's it, not a chance for another place todredge, fill and drain."

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