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2020 State of the Market: DowntownFTL Evolves

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STATE OF THE MARKET 2020 DowntownFTL Evolves

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DowntownFTL is a desirable destination and an attractive city for growth and investment 2

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A MESSAGE FROM THE DDA CHAIR AND PRESIDENT CEO After decades of thoughtful planning and waves of successful real estate cycles Downtown Fort Lauderdale is booming into a metropolitan city Major civic investments are on the horizon and construction cranes that dot the sky will soon house new residents create space for commerce and add exciting amenities to support a growing Downtown population Part of a Southeast Florida region of six million people DowntownFTL stands out as a walkable livable city with iconic public spaces and dynamic cultural attractions Fort Lauderdale s urban core neighborhoods attract a diverse mix of residents employees and visitors wanting a relaxed vibe in a city full of life and excitement A 30 minute train ride on Brightline the region s highspeed rail with a connection to Orlando underway seamlessly connects Downtown Fort Lauderdale to Miami and West Palm Beach There are 20 development projects underway in the city center adding nearly 600 hotel rooms 4 300 new residential units and 450 000 square feet of new Class A office space Another 30 projects have either been approved or are under review proving that DowntownFTL is a desirable destination and an attractive city for growth and investment Since 1965 the Fort Lauderdale Downtown Development Authority DDA has helped facilitate this evolution of our city center With an exciting new decade upon us our agency remains committed to projects that improve mobility enhance the public realm and facilitate economic development We will support and encourage smart investments by the public and private sectors and we will continue to work with our partners and community stakeholders to address the priorities of a growing downtown transportation housing affordability and infrastructure On behalf of our Board of Directors we are pleased to present the 2020 State of the Market report DowntownFTL Evolves which highlights a city poised for the next generation John Ropes Board Chair Jenni Morejon President CEO GROW IMPROVE EVOLVE

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TABLE OF CONTENTS 6 12 14 ABOUT FTL DDA FTL AT A GLANCE DEVELOP 18 24 30 WORK LIVE EXPERIENCE 34 36 39 STAY MOVE SOURCES CREDITS

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ABOUT THE ORGANIZATION The Fort Lauderdale Downtown Development Authority DDA is an independent taxing district established by the Florida State Legislature in 1965 Led by a volunteer board of directors the DDA has spearheaded legacy projects over the past 55 years to stimulate and sustain economic development and livability in Downtown Fort Lauderdale For Fiscal Year 2020 the DDA levied a 0 9414 millage rate on non residential properties in its 350 acre taxing district DDA TEAM Jenni Morejon President CEO Elizabeth Van Zandt Executive Vice President Alexandra Saiz Planning Program Manager BOARD OF DIRECTORS Marti Brown Executive Assistant John Milledge General Counsel John Ropes Chair Ropes Associates Charlie Ladd Vice Chair Barron Commercial Development Inc Alan Hooper Secretary Hooper Construction Steve Hudson Treasurer Hudson Capital Group VISION Tim Petrillo Board Member The Restaurant People 6 Greg Durden Board Member Gregory Durden P A Jim Ellis Board Member Ellis Diversified A vibrant sustainable and inclusive worldclass downtown

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DDA BY THE DECADES 1965 The DDA was established by special act of the Florida State Legislature 8 1970s Acquired 15 acres of blighted and vacant land to build new civic and cultural amenities Land was purchased using the DDA s first general obligation bond resulting in signature destinations like the Broward Center for the Performing Arts the Museum of Discovery and Science the Riverwalk and adjacent parks the Main Library and the Museum of Art

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1990s Built Huizenga Plaza along the New River as a signature open space Recognizing that great cities have great parks the DDA constructed a stage amphitheater and interactive fountain to create a public park suitable for both big events and casual encounters 2000s 1980s Initiated land use and zoning policy that allowed for mixed use development During this period new Class A office buildings were being built in the central business district and the DDA s efforts to promote residential development set the stage for the livework play environment we have today Renovated 12 blocks of South 2nd Street to set the stage for private investment As the first major streetscape investment in the urban core the DDA issued a second general obligation bond to completely rebuild this key east west roadway from the Broward Center for the Performing Arts to Federal Highway with new landscaping street trees streetlights and wide sidewalks 2010s Facilitated support for Federal State and local investments in transportation and public infrastructure The DDA organized collaboration among numerous government agencies resulting in a commitment of nearly 400 million to build projects ranging from a new federal courthouse to a downtown mass transit system to completion of the northern section of the Riverwalk 9

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2020 BEYOND DDA PRIORITIES FEDERAL COURTHOUSE JOINT CITY COUNTY GOVERNMENT CAMPUS In 2017 the DDA organized support from the City of Fort Lauderdale and Broward County to develop a new joint government campus The new building would combine both entities into a modern civic structure and replace two separate and obsolete buildings in DowntownFTL Last year the City and County agreed to build this new facility on the site of the existing main bus terminal and they hired a consultant to determine their space planning needs At the same time a private entity submitted an unsolicited proposal to build the new joint campus as part of a public private partnership P3 The DDA is encouraging our elected leaders to fast track construction of the joint campus and to evaluate the merits of the unsolicited proposal This would kickstart a competitive process in which this and other innovative and responsible bids could be reviewed by the consultant team hired to analyze the two government s space needs Advancing a new state of the art government campus in a responsible and expeditious manner signals a smart investment of taxpayer dollars 10 In 2018 Congress appropriated 190 million to purchase a site and build a new federal courthouse in DowntownFTL This announcement came after nearly a decade of advocacy efforts in Washington D C to prioritize the Fort Lauderdale courthouse for replacement funding In 2020 the DDA will continue working with downtown property owners and the General Services Administration GSA the entity that oversees all federal buildings to finalize the federal courthouse site selection and development process and ensure this important civic use remains in Downtown Focusing on key public private investments for the future

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U R B A N PA R K S A N D P L A Z A S In 2019 the DDA welcomed a national advisory panel of experts from the Urban Land Institute ULI to provide recommendations for DowntownFTL parks and open spaces Also last year Fort Lauderdale voters approved a 200 million parks bond signaling their desire for more investment in our shared public spaces This year the DDA will work to ensure park projects like the planned Tunnel Top Plaza LauderTrail and Mockingbird Trail and the acquisition of new park land in places like Flagler Village remain on track for implementation The DDA will also be reimagining Huizenga Plaza by developing new concepts to transform this important central open space into a park that meets the needs of an evolving downtown Mass transit investments and innovative mobility solutions are critical for the sustained success of DowntownFTL In 2020 the DDA will continue to partner with the Florida Department of Transportation FDOT Broward Metropolitan Planning Organization MPO Broward County and the City of Fort Lauderdale to move transportation projects forward Initiatives on the horizon include an analysis of one way pairs for Andrews and 3rd Avenues appropriate grade crossings for cars trains people and boats at Broward Boulevard the FEC railroad and the New River and smart signal technology to allow intersections to flow efficiently with real time data These major projects and construction of safe and welcoming streetscapes and sidewalks will help DowntownFTL be a city on the move DOWNTOWN MOBILITY The first impression of a City can be won or lost on the quality of its public realm how welcoming safe attractive and interesting the streets sidewalks parks and open spaces are The DDA s urban acupuncture program enhances DowntownFTL with high impact quick to implement physical upgrades in the public realm with murals wayfinding signage pop up art installations and streetscape improvements In 2020 the DDA s SW 2nd Avenue project will wrap up transforming a rundown corridor into a pedestrian friendly and multi modal street in the Himmarshee arts and entertainment district URBAN ACUPUNCTURE 11

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DOWTOWNFTL URBAN CORE SUNRISE BOULEVARD BROWARD BOULEVARD E LAS OLAS BOULEVARD ULEVARD DAVIE BO SE 17TH STREET STATE ROAD 84 PORT EVERGLADES FORT LAUDERDALE INTERNATIONAL AIRPORT 12

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AT A GLANCE DEVELOP 2 2 SQUARE MILES 17 650 TOTAL POPULATION 19 950 Residential units built and approved 7 2 Million square feet of existing office space More than 1 000 hotel rooms built and under construction since 2018 WORK Supports 64 000 employees Headquarters to AutoNation Convey Health Solutions Kemet Corporation SEACOR and Uniform Advatage 66 of all office inventory is Class A space LIVE 64 000 TOTAL EMPLOYEES 5 100 TOTAL BUSINESSES 169 BARS RESTAURANTS 17 650 residents 34 growth in population since 2010 FTL joins the co living development boom EXPERIENCE Thriving arts cultural and entertainment scene Influx of entrepreneurial restaurants bars and shops More than 2 3 million square feet of retail space VISIT 4 existing hotels with 817 hotel rooms 593 hotel units expected to deliver at 3 hotels in 2020 Top 21 Destinations to Visit Bloomberg 2019 The DDA taxing district is highlighted in yellow although the agency advocates for the Greater Downtown core stretching from Sunrise Boulevard to the north SE 17th Street to the south 7th 4th Avenue to the west and US1 to the east including the East Las Olas area 13

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DEVELOPMENT VOLUME TRENDS Over the past two decades close to 7 5 million square feet of office retail multifamily and hotel space has been built in Downtown Fort Lauderdale Today another 6 million square feet is under construction making Downtown Fort Lauderdale the latest redevelopment hotspot 593 under 420 4 313 under Multifamily Units 2000 2004 611 2005 2009 Hotel Rooms 156 2000 2004 construction construction 631 2010 2014 432 2015 2019 2 627 2015 2019 MULTIFAMILY BY UNITS 14 HOTEL BY ROOMS

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DEVELOP Square Feet of Office 457K under construction OFFICE 100K 2015 2019 BY SQUARE FEET 12 5K 2010 2014 1 1M 2000 2004 401K 2005 2009 63K under construction Square Feet of Retail 160K 2000 2004 127K 2015 2019 RETAIL BY SQUARE FEET 91K 2010 2014 168K 2005 2009 15

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3 19 4 30 31 20 22 NE 6TH STREET 26 23 12 25 NW 4TH STREET 24 5 32 9 7 1 BROWARD BOULEVARD 8 2 21 18 15 6 11 33 SW 7TH STREET ANDREWS AVENUE 16 16 NE 3RD AVENUE 14 34 27 17 10 13 28 EVELOP SUNRISE BOULEVARD E LAS OLAS BOULEVARD 29

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EXPERIENCE 1 105 North 2 00 Saloon 3 Progresso Commons HOSPITALITY 4 5 6 7 8 Quantum at Flagler Village Tru Home2 Suites by Hilton 100 Las Olas Dalmar Hotel Fairfield Inn 19 Modera 555 20 Alta Flagler Village Phase II 21 Main Las Olas North 22 The Six13 23 ID Flagler Village 24 The Whitney 25 Pearl Flagler Village 26 EON Flagler Village 27 The Queue Apartments 28 Amaray las Olas 29 Icon Las Olas 30 ORA Flagler Village 31 Flagler Townhomes MOVE 32 Virgin Brightline Train Station LIVE 9 The Rise 10 Las Olas Walk 11 New River Yacht Club III 12 Motif 13 Laureat 14 Sailboat Bend II 15 4 West Las Olas 16 Alluvion Las Olas 17 Next Las Olas 18 Society former X Las Olas WORK 33 550 Building SoLO Shoppes 34 Main Las Olas South Completed Under Construction New development projects under construction or completed since 2015 17

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DOWNTOWN AT WORK 49 of Downtowners age 25 have a bachelor s degree or higher 54 of employees have a commute time of less than 30 minutes 30mins With the Brightline train commuters can travel to Downtown Miami or West Palm Beach in just 30 minutes with additional stations planned at Boca Raton Aventura PortMiami and Orlando 18 5 136 Businesses 64 157 Employees 363 Employee to Resident Ratio per 100 residents

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COWORKING shows no signs of cooling down as alternative working methods rise in popularity in Fort Lauderdale Coworking inventory in Greater FTL has increased by 80 over the past 4 years to almost 800 000 square feet Coworking Operators in DowntownFTL WHO S HERE Headquarters Regional Offices Major Firms WORK New Leases in 2019 19

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WORK LEADING SECTORS 44 66 12 7 1 Million square feet of office space in DowntownFTL Stable 12 vacancy rate compressed 700 bps since 2011 Gross Rental Rate increased by 41 over the past fiveyears 20 2012 2013 2014 2015 10 10 2016 2017 12 2011 11 2010 10 12 14 18 19 18 Office Vacancy Rate DOWNTOWNFTL DowntownFTL OFFICE VACANCY RATE 2018 2019 LEGAL 730

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Downtown Fort Lauderdale has established itself as a world class international business center and one of the most desirable locations for new expanding or relocating businesses This attractive commercial environment is supported by a diverse range of leading industry sectors ranging from legal and financial services to technology and engineering providing jobs to over 64 000 employees REAL ESTATE CONSTRUCTION 463 PROFESSIONAL SERVICES 399 MEDICAL 244 FINANCE INSURANCE 350 GOVERNMENT 200 MANUFACTURING WHOLESALE 159 RETAIL 417 NUMBER OF BUSINESSES BY SECTOR IN DOWNTOWNFTL FOOD SERVICE HOSPITALITY 235 INFORMATION SERVICES 129 ARTS ENTERTAINMENT TRANSIT 72 90 21

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D O W N T O W N W E S T PA L M B E A C H 3 5 Million SF total inventory 670 000 SF under construction 52 000 SF net absorbption 13 6 vacancy rate increased 30 bps YOY 40 09 PSF full service rents 26 5 year growth DOWNTOWN FORT LAUDERDALE 7 2 Million SF total inventory 360 000 SF under construction WPB FTL MIAMI 18 000 SF net absorbption 23 Million SF total inventory 698 000 SF 22 increased 40 bps YOY 44 66 PSF full service rents 41 5 year growth DOWNTOWN MIAMI under construction WORK 11 6 vacancy rate 149 000 SF net absorbption 13 2 vacancy rate decreased 40 bbs YOY 45 38 PSF full service rents 24 5 year growth

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HOW LONG HAVE OUR DOWNTOWNERS BEEN WORKING HERE 27 Less than 3 years 38 3 10 years 18 17 10 20 years More than 20 years Thousands of innovative companies employ more than 150 000 info communication tech workers in South Florida Here you can Work in the Cloud Live in the Sun David Coddington Greater Fort Lauderdale Alliance and South Florida TechGateway 23

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LIVE POPULATION GROWTH DOWNTOWN FORT LAUDERDALE Downtown Fort Lauderdale s population has grown by an estimated 34 since 2010 to more than 17 650 residents Meanwhile Broward County s population grew by 9 since 2010 17 650 2019 13 218 2010 34 Growth Rate BROWARD COUNTY 1 907 040 2019 1 748 066 2010 9 Growth Rate DOWNTOWN FORT LAUDERDALE DEMOGRAPHICS 24 RACE ETHNICITY INCOME PROFILE White 58 Per Capita Income 51 441 Black 32 Median HH Income 63 258 Hispanic 17 Average HH Income 102 521 Asian 2 3 6 Other 4 Forecasted Annual Median HH Income Growth P O P U L AT I O N B Y A G E GROUPS 10 11 Ages 0 14 Ages 15 24

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STATE OF THE MARKET 2020 DowntownFTL Evolves

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29 of Our Downtowners Have Children LESS THAN A THIRD OF OUR Under 18 DOWNTOWNERS LIVE H AV E C H I L D R E N U N D E R 1 8 Yes 29 Have Children E F F E C T I V E M O N T H LY A PA R T M E N T R E N TA L R AT E S I N S O U T H F L O R I D A S U R B A N C O R E S WPB FTL MIA 1 922 2 30 PSF 2 207 2 038 57 No Children 2 31 PSF 2 30 PSF Yet 53 of Our Downtowners Have A Pet MORE THAN HALF OF OUR D O W N T O W N E R S H AV E A P E T O C C U PA N Y R AT E S I N S O U T H F L O R I D A S U R B A N C O R E S WPB FTL MIA 17 650 TOTAL POPULATION 26 94 47 No Pet 53 Have a Pet 94 95 2 207 AVERAGE RENT 94 OCCUPANCY 12 RESIDENTIAL PROJECTS UNDER CONSTRUCTION

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HOW LONG HAVE OUR DOWNTOWNERS BEEN LIVING HERE 30 38 Less than 3 years 3 10 years 18 14 10 20 years More than 20 years 27

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RESIDENTIAL TRENDS TO WATCH IN 2020 With more than 2 600 units delivered in the past five years and another 4 300 under construction DowntownFTL rental rates are becoming more competitive with options appealing to a range of ages and income levels Diverse Housing Market FAT Village by Urban Street Development Proposed Mixed Use This two block art inspired lifestyle campus will include innovative office space art studios retail food and beverage and a hotel with affordable housing for neighborhood employees and market rate apartments The project caters to the growing demand for originality attracting artists creative businesses and local talent to DowntownFTL Sailboat Bend II by Atlantic Pacific Communities Fort Lauderdale Housing Authority Affordable Housing Under Construction AP Communities financed with a low income housing tax credit to develop a 110 unit rental project for seniors on the New River complementing the Housing Authority s existing project next door 28 placeholder for photo

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LIVE CO LIVING COMES TO FTL Just like coworking the shared living concept is taking off nationwide primarily among young professionals seeking affordable alternatives to move into the city Modern co living developments like Society Las Olas by Property Markets Group offer city dwellers a sense of community with an abundance of shared space utilities and amenities as well as flexible leases and convenience 29

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EXPERIEN 2020 RETAIL RESTAURANT TRENDS Consumer demand is increasing in DowntownFTL with new residents and more employees wanting quick access to food and shopping options A focus on brand awareness convenience technology and efficiency are trends that businesses in the urban core of Fort Lauderdale are banking on for success 30 Omnichannel Experiences Convenience and seamless omnichanel experiences connecting in store and online shopping Clicks to Bricks Former direct to consumer digital brands are adding in store shopping experiences to their shopping experience Food Service Deliveries Consumer spending on delivered meals from quick service restaurants will grow by 29 3 over the next five years A Rise in Ghost Kitchens An increasing number of restaurants are considering the virtual or cloud kitchen with no dine in option as delivery catering and carryout are growing in popularity and revenue share

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NCE D O W N T O W N W E S T PA L M B E A C H 1 5 million SF total inventory 34 000 SF under construction 11 000 SF net absorbption 2 3 vacancy rate decreased 30 bbs YOY 39 21 PSF full service rents 85 5 year growth DOWNTOWN FORT LAUDERDALE 2 3 million SF total inventory 63 000 SF under construction 30 000 SF WPB net absorbption 5 9 vacancy rate no change YOY 40 54 PSF full service rents 74 5 year growth FTL DOWNTOWN MIAMI MIAMI 4 9 million SF total inventory 351 000 SF under construction 11 000 SF net absorbption RETAIL MARKET 52 847 Median Disposable Income 727M Retail Trade 18 00 vacancy rate increased 140 bbs YOY 56 05 PSF full service rents 79 5 year growth 118M Restaurants Bars Trade 31

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FORT LAUDERDALE S RESTAURANT RENAISSANCE From food halls to cookie shops vegan menus to poke bowls food entrepreneurs are bringing unique options to DowntownFTL and catering to a growing population of young professionals and boomers who enjoy great food and a good experience Legacy restaurateurs in DowntownFTL have also proven that maintaining success requires consistently delivering quality food in an atmosphere that appeals to a wide variety of diners We re seeing restaurateurs with specialty concepts becoming more successful than ever by appealing to savvy consumers Sara Shake Mad 32

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What amenities do our Downtowners want At the core of Broward County DowntownFTL is home to many arts cultural and entertainment venues appealing to a wide variety of audiences From the hip and artsy vibes in FATVillage and MASS District to the picturesque Riverwalk and charming historic buildings and museums new experiences abound in Downtown Fort Lauderdale This year the Florida Panthers will be transforming the War Memorial Auditorium at Holiday Park into a 3 000 person concert venue with two indoor ice rinks for the hockey team to practice on and the public to enjoy Next door the Broward Center for the Performing Arts is completely renovating Parker Playhouse with a 25 million renovation to the 1967 facility What type of restaurants are they hungry for Farm to Table Chef Owned Local Restaurants Healthy Deli Fast Casual Affordable What type of retailers are they interested in seeing EXPERIENCE Movie Theater Grocery Produce Food Hall Books Magazines Clothes Shoes 33

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DOWNTOWN FORT LAUDERDALE S HOTEL DEVELOPMENT BOOM The surge in hotel development in Downtown Fort Lauderdale elevated in 2019 with three additional hotels under construction expected to deliver in 2020 These three hotels will add almost 600 new rooms to the market increasing the total supply by 73 percent The new and existing hotels in Downtown Fort Lauderdale are each strategically located in the heart of the City close to the thriving central business district beaches port and airport as well as the diverse offerings of retail and restaurants and the popular arts entertainment and nightlife scene These new hotel developments position Downtown Fort Lauderdale to meet the demands of the various visitors entering the City including the millennial travelers the transient visitors and those coming for business and for leisure with some of the most highly amenitized first class hotels in the State 34 STAY Hospitality Market 817 Existing hotel rooms 593 Hotel Units Expected to Deliver in 2020 76 3 Occupancy Rate 112 05 Revenue per available room 146 87 Average daily rate

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H YAT T C E N T R I C Located on Las Olas Boulevard 238 Modern Guest Rooms Indoor outdoor bar seating area on Las Olas Blvd 113 luxury condominiums 6 000 SF Meeting Banquet Space 24 hour valet service 8 500 SF restaurant Onsite parking garage Elevated pool with views of Las Olas River T R U H O M E 2 S U I T E S B Y H I LT O N Located in Flagler Village 5 000 SF Private Event Conference Space Dual Brand Hotel Pet Friedly Suites 112 Mid Range Tru Brand Rooms Outdoor Bar Fitness Center 106 Extended Stay Home2 Suites 102 Parking Spaces Q U A N T U M AT F L A G L E R V I L L A G E Located in Flagler Village 647 Space Parking Garage 137 Room Courtyard by Marriot Hotel Rooftop Pool 337 Apartments 20 884 SF Retail Bistro Concept Restaurant and Bar Ftiness Center and Spa 35

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MOBILITY INFRASTRUCTURE Downtown Fort Lauderdale is the region s main transportation hub with connections to Brightline the Broward County Transit Terminal the Greyhound Bus Depot the Downtown FXE Helistop the Sun Trolley Water Trolley and the Water Taxi The urban core is also just a few miles from the Fort Lauderdale Hollywood International Airport FLL Port Everglades TriRail and Amtrak making accessibility to and from DowntownFTL convenient and seamless Transportation and mobility options continue to evolve as demographic shifts occur proving that getting around DowntownFTL without a car is getting better each day Local governmental agencies are tackling major needs of our growing metropolitan region Broward County is kicking off implementation of a 30year 16 billion transportation improvement plan that will reduce congestion enhance traffic signal timing build safe sidewalks and bike paths and expand mass transit The City of Fort Lauderdale is investing 620 million over the next five years to improve and replace water wastewater and stormwater infrastructure All of these investments are focused on creating a resilient sustainable community for generations to come 36 MOVE 3 9 Million Port Everglades Cruisers 32 5 Million Ft LauderdaleHollywood Intl Airport FLL Passengers Annually 832 000 Scooter rides in 2019 89 Walkscore 62 Bikescore

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CONTRIBUTORS Ken Krasnow Vice Chair Institutional Investor Services Florida ken krasnow colliers com Verity Mosquera MBA Research Consulting Manager verity mosquera colliers com Kris Mitchell Marketing Manager kris mitchell colliers com COLLIERS INTERNATIONAL FLORIDA LLC 200 EAST BROWARD BOULEVARD SUITE 120 FORT LAUDERDALE FL 33301 1 954 652 4600 colliers com southflorida This document has been prepared by Colliers International FTL DDA for advertising and general information only Colliers International and FTL DDA make no guarantees representations or warranties of any kind expressed or implied regarding the information including but not limited to warranties of content accuracy and reliability Any interested party should undertake their own inquiries as to the accuracy of the information Colliers International and FTL DDA excludes unequivocally all inferred or implied terms conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from This publication is the copyrighted property of Colliers International and FTL DDA and or its licensor s 2019 All rights reserved 38

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MARCH 2020 SOURCES CREDITS The following sources were used for this report Axiometrics City of Fort Lauderdale ESRI 2019 Fort Lauderdale Downtown Development Authority 2019 Downtown Survey Greater Fort Lauderdale Visitors Convention Bureau Greater Fort Lauderdale Alliance Marine Industries Association of South Florida U S Census Bureau Bureau of Labor Statistics CoStar Group Walk Score Ft Lauderdale Hollywood International Airport Invest Greater Fort Lauderdale Colliers International South Florida MASS District Music Arts South of Sunrise FAT Village Port Everglades Electronic Municipal Market Acces EMMA PHOTO CREDITS Photo credits are listed by page indicated by images left to right Cover Page 2 Page 4 Page 7 Page 8 Page 9 Page 10 Page 11 Page 14 Page 15 Page 17 Page 18 Page 19 Page 20 Page 22 Page 23 Page 25 Kevin Ruck Sublime Imagery CrackerClips Sublime Imagery Broward Center for the Performing Arts lauder_dude 1 kbb Riverwalk Arts Entertainment District yogafestfl Sublime Imagery One Congress Myro Rosky Sublime Imagery Jenni Morejon brittanywallman Franziz Oatawa Denisismagilou Thebigland45 Sublime Imagery The Dalmar Brightline lawrencemansellphoto jai godinez Sublime Imagery General Provision Leonidkos CrackerClips Sublime Imagery Prochasson Frederic Alex from the Rock Napa74 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 37 Page 38 classic_stella Mockingbird Trail The Pearl Flagler Village Urban Street Development Atlantic Pacific Communities society lasolas Lilly Pulitzer Warby Parker UberEats istock CityPlace WPB Sublime Imagery Felex Mizioznikov Eduardo Schneider Wells Coffee Company Java Jam Batch The Cookie Company Sublime Imagery Riverwalk Arts Entertainment District Fort Lauderdale Today Hyatt Centric Tru Home2 Suites by Hilton Real Deal boulevard_kitchen cocktailr Sublime Imagery visit lauderdale 39

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STATE OF THE MARKET 2020 DowntownFTL Evolves ddaftl org 954 463 6574 110 E Broward Boulevard Suite 1610 Fort lauderdale FL 33301 Follow us ddaftl