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Economy: Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation Florida home buying, real estate listings, and homes for sale in Broward                        County, FL
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Find Out More About the Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation Area Economy & Job Market
 

Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation has a very fast-growing, exploding economy. People come from Canada and cold climates (?snowbirds?) for the beaches and to dock their boats. Ft. Lauderdale has become the boating capital of the world and there is an annual boat show here. 

According to a recent report, the boating industry brings in thousands of jobs in many areas, and represents over a billion dollars in earnings. 

Also, Miami, Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation?s neighbor, is a real boost to its economy. 

The greater Ft. Lauderdale area is the birthplace of the PC and now has over 6000 high-tech companies. This area is expected to become the worldwide center high-tech businesses. 

Request our Free Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation Relocation Package. It's packed full of useful and important information about the Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation, Florida area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out...
 

Chains' interest renews hopes of luxury hotel at Broward's convention center
 

By Scott Wyman
South Florida Sun-Sentinel
Posted August 2 2006  


Five years after Broward County commissioners shelved plans to build a luxury hotel at the convention center, interest is growing among developers and hoteliers in the long-sought but repeatedly beleaguered project. 

As county consultants begin to explore how to revive the hotel project, tourism officials say former hurdles in finding key private partners appear to be gone. 

LocalLinks

The sponsorship of a major hotel chain had proven troublesome before, but chains have told the county this time they are interested. And owners of the Northport Marketplace next door say they want to be partners in the deal. That prospect would allow the hotel to be better situated along Fort Lauderdale's 17th Street corridor rather than confined to the narrow strip of county-owned land, as it had been in past plans. 

"We are in the earliest stages, but there is incredible interest from the development and hotel community," said Nicki Grossman, president of the Greater Fort Lauderdale Convention & Visitors Bureau. 

Plans to build a hotel to serve convention-goers collapsed in 2001, when commissioners were unable to come to an agreement with developer R. Donahue Peebles. Since the late 1980s, when the Broward County Convention Center itself was conceived, officials have argued a neighboring hotel is needed to lure large conventions because participants want to stay on-site at guaranteed rates. 

The visitors bureau has been relying on blocks of rooms that hotels throughout the area agreed to set aside for conventions, but that has not satisfied some meeting planners. Also, hotels are increasingly having trouble accommodating the needs. 

Conventions account for 3 million of the 10 million visitors a year who come to the area, providing a boost to the local economy of about $1 billion a year. 

The county recently gave LMN Architects of Seattle permission to draw up new plans for a hotel -- this time with 800 rooms and up to four stars in quality. The cost could reach $200 million, which the county still hopes to finance primarily by finding private partners. 

Officials don't expect to be ready to solicit proposals from developers for about 18 months. That would mean a hotel could open in 2010. 

Grossman said hotel chains, including Hilton, have privately expressed interest in the project in recent months. Christopher Pollock, head of the Greater Fort Lauderdale Chamber of Commerce, also said chains have approached him. 

Hilton spokeswoman Lisa Cole said the chain, which is one of the nation's leaders in operating hotels connected with convention centers, would be interested in the Fort Lauderdale project. 

Pollock and Grossman said the convention center's success has shown the hotel industry that the project is viable. Also, local hoteliers who had questioned a county-sponsored hotel now largely favor it because of the difficulty guaranteeing room blocks for conventions. 

One player could be the Northport Marketplace. 

The shopping center had been largely closed when it was put up for auction in 2002, but the new owners have added tenants and are interested in redeveloping as part of a hotel project. The county considered buying the center in the auction, and officials still covet it. 

The county and its consultants must overcome several hurdles before they can move forward. 

A development deal with the city to allow a hotel expires next year and must be extended. The city has told the county that it has concerns about traffic near Port Everglades and the convention center. 

Also, the convention center has been within the security perimeter of the port since 2001, meaning visitors are stopped and must show identification. That has concerned meeting planners, and the county is trying to find a way to move the perimeter and still meet Department of Homeland Security requirements. 

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Marina Sarabia and Kathleen Costanzo, REALTOR®, real estate agents and broker for Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation Florida home listings, property and land for sale - NUMBER1EXPERT(tm)
Marina Sarabia and Kathleen Costanzo, REALTOR®, real estate agents and broker for Ft. Lauderdale, Broward County, Wilton Manors and Pompano Beach and Plantation Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Marina Sarabia and Kathleen Costanzo
Coldwell Banker Residential Real Estate Inc.

2400 E. Commercial Blvd.
Fort Lauderdale, FL. 33308
Marina's Cell: 954-914-8056
Kathleen's Cell: 954-914-8060
Marina@LauderdaleHomeSearch.com
Kathleen@LauderdaleHomeSearch.com
EmailUs@LauderdaleHomeSearch.com

Marina Sarabia & Kathleen Costanzo have developed a comprehensive and dynamic Real Estate service to buyers and sellers for 15 years; their experience has literally extended from coast to coast. They have committed themselves to providing detailed care and supervision to each transaction, which is absolutely necessary to protect customers and to make certain everyone complies with all legal aspects of each sale. Marina & Kathleen want their customers to feel the personal touch rather than the corporate environment. They know you have a choice when selecting a Realtor … but they feel confident that their service and qualifications will make you their customer for life. Remember when buying or selling real estate, the decision is easy… it is Marina & Kathleen, with Coldwell Banker.

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