X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(Crystal Proenza is associate editor of Real Estate Florida.)

FORT LAUDERDALE, FL-The Broward County Supervisor of Elections has committed to a 72,000-square-foot build-to-suit complex at the $1.6 billion Riverbend Transit Oriented Development. Developer Coral Springs-based Amera-Barron will construct the $22.8 million project beginning in summer 2009 for a summer 2010 delivery.

The deal marks the next phase of the six-million-square-foot, mixed-use Riverbend TOD development, which is set to eventually include over three million square feet of office, 800,000 square feet of retail, 1,200 residential units and 500 hotel rooms. The project is located on 100 acres at the western quadrants of the Interstate 95/Broward Boulevard interchange.

Charlie Ladd, a principal of Amera-Barron, says every building adds a critical mass to the TOD site, which is adjacent to Downtown Fort Lauderdale. He tells GlobeSt.com that another 12 to 15 acres of site infrastructure will commence with the groundbreaking of the new Supervisor of Elections headquarters, for which Stiles Corp. is the general contractor and Solomon Cordwell Buenz & Associates Inc. is the architect.

Financing for the next phase of development has not yet been closed, but Ladd says the company is not worried because they have a nine-month window before construction will begin. After completion, the County will purchase the building and consolidate operations of the Supervisor of Elections office into a 30,000-square-foot, two-story office building and a 42,000- square-foot administrative center with 100 dedicated parking spaces.

“This is an affirmation by the County of the regional nature of this site,” says Ladd. “The close-in proximity to Downtown and Riverbend’s future multi-modal hub will put the SOE complex within easy reach of employees and visitors from throughout Broward County.” The developer says a Tri-Rail station is in place, along with a proposed east-west light rail route and an internal trolley system

Amera-Barron recently completed its first 67,000-square-foot office building at the site, which is currently 25% leased. Anchor tenant Strayer University currently occupies 17,000 square feet of that space.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.