Hines Secures $220 Million Construction Loan for Fort Lauderdale Development

Hines Secures $220 Million Construction Loan for Fort Lauderdale Development

Hines, in partnership with Urban Street Development, has successfully obtained a $220 million loan from Bank OZK for the first phase of FAT Village. This 5.6-acre mixed-use development is located in Fort Lauderdale’s Flagler Village neighborhood and will span over 835,000 square feet upon completion.

The initial phase will feature 601 multifamily units along with approximately 180,000 square feet of office space designed by Hines using their signature T3 (Timber, Transit, Technology) building style. Additionally, there will be more than 70

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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