Renderings of 100 Las Olas, the Four Seasons Private Residences Fort Lauderdale and Icon Las Olas
Downtown Fort Lauderdale and beaches mature from spring break mecca to luxury hot spot
By Francisco Alvarado | July 17, 2017 03:05PMThe Real Deal
Fort Lauderdale native Bob Swindell remembers the days when retailers and restaurant owners in downtown and the nearby beaches would shut down by 6 p.m. and stores would close up for the summer. “Things would get really quiet,” Swindell said.
The only real action the neighborhood experienced was during Fort Lauderdale’s vaunted spring break era, from the late 1960s to early 1990s, when hordes of college students turned downtown and the beaches into party central. The negative publicity eventually led city leaders to curtail Fort Lauderdale’s image as the raunchy resort town for a more subdued reputation as Broward County’s corporate epicenter that counted a daily newspaper, the Sun-Sentinel, as an anchor tenant.
Now, Fort Lauderdale’s downtown and beaches are going through another evolution that is transforming the neighborhood into an international destination, according to Swindell, who grew up to become president of the Greater Fort Lauderdale Alliance. “The fabric is really changing,” he said. “There is a lot of high-rise and mid-rise residential development that is leading to an influx of residents. It has created a great environment.”
Dan Teixeira, sales director for the Four Seasons Private Residences Fort Lauderdale, says the Las Olas Beach area went from drawing drunk spring breakers to attracting foreign real estate investors who are now flying into the city as a result of Fort Lauderdale International Airport adding international flights in recent years.
“At Four Seasons, we have many buyers from Europe, South America and the Middle East,” Teixeira said. “Fort Lauderdale is becoming a casual, yet sophisticated oceanfront community.”
Full Article https://therealdeal.com/miami/2017/07/17/neighborhood-dive-downtown-fort-lauderdale-beaches-transform-from-spring-break-mecca-to-luxury-destination/
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