FTL DDA: STATE OF THE MARKET 2019 DD Report2 - Page 3

A MESSAGE FROM THE DDA CHAIR AND PRESIDENT & CEO. The Fort Lauderdale Downtown Development Authority (DDA) is pleased to present our inaugural State of the Market 2019 report. This publication presents a compilation of the development trends and major projects shaping the city’s urban core. Jim Ellis DDA Board Chair Fort Lauderdale is a city on the rise and the geographic center of a booming Southeast Florida region. A desirable location for investment, commerce, relocation and startups, Fort Lauderdale was ranked #17 in the Emerging Trends in Real Estate® 2019 report, published by the Urban Land Institute and PwC. Long planned and anticipated, DowntownFTL is changing before our very eyes. More than 400 hotel rooms are under construction, 500,000 square feet of new Class A office space is on the horizon, and 5,000 new residential units are being built, with thousands more in the works. Jenni Morejon DDA President & CEO Our urban core is surrounded by a world-class beach, an international airport, a cargo and cruise port, interstate roadways, and now, high-speed rail connecting our neighboring cities to the north and south. Downtown Fort Lauderdale is a walkable, livable city, with iconic public spaces, dynamic cultural and civic institutions, and neighborhoods that create community. We enjoy a relaxed vibe and at the same time, celebrate in a city full of life and excitement. The DDA is committed to facilitating investment, improving mobility, enhancing the public realm, and engaging with our stakeholders. Our vision looks to the future. Our perspective is regional. Our foundation is strong and sets the stage for continued growth. Downtown Fort Lauderdale a city on the rise, and the city you never want to leave.