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Avison Young Tapped to Sell Ft. Lauderdale’s FATCity, 1.35M-SF MXU, TOD
The Traina Companies tapped Avison Young’s Florida Capital Markets Group to sell or structure a JV partnership for FATCity (Florida Arts and Technology), an entitled 1.35-million-square-foot, mixed-use, transit-oriented project in Downtown Fort Lauderdale, FL. Located at 300 North Andrews Ave., the 2.69-acre development site fronts an entire city block, and is expected to serve as a key connection between the CBD and Arts District.
The privately-held New York-based holdings group plans 612 residential units within a Special Zoning District that also includes 85,000 square feet of retail and 185,000 square feet of office and hospitality.
Avison Young’s David Duckworth says, “FATCity represents an opportunity to own an irreplaceable site with the potential to develop a true legacy asset that will transform Downtown Fort Lauderdale from a Las Olas-based entertainment district to a transit-based CBD.” Duckworth, John Crotty and Michael Fay are handling the assignment.
For comments, questions or concerns, please contact Dennis Kaiser
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