FORT LAUDERDALE, FL-Miami-based Simmons Vedder & Co. hasacquired an approximately one-acre site at 100 East Las Olas Blvd.with plans to develop a high-rise mixed-use development withoffice, hotel and retail space.

Simmons Vedder acquired the property from New York City-basedTarragon Corp. CB Richard Ellis EVP Robert Given, along with histeam consisting of Dick Levinson, Gerard Yetming, Zachary Sackleyand Christian Lee, were brokers in the land sale.

The site is adjacent to and overlooks Huizenga Park and theRiver Walk on the New River and is one of the land developablesites on Las Olas Blvd. It is located between First and Secondavenues and has more than 270 feet of frontage on Las Olas and amix of retail, restaurant, entertainment, hospitality andcommercial uses. Simmons Vedder is planning to submit plans to cityofficials by the end of the year for the project and has notdetermined how much square footage each component of the projectwill have.