Wrecking ball levels Fort Lauderdale's Riverfront complex
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Las Olas Riverfront is falling to a wrecking ball this week, although its obituary has been years in the making.
The 19-year-old shopping and entertainment complex along the New River west of Andrews Avenue in downtown Fort Lauderdale was described as a flop just eight years after its opening. It’s been mostly vacant in recent years.
In its place will be two high-rise residential towers — 42 and 38 stories tall — with 40,000 square feet of shops and restaurants on their lower levels by developer Property Markets Group.
City officials are hoping the new project will succeed where Riverfront did not in bringing life to the city’s Riverwalk linear park along the north side of the New River. The 254,000-square-foot complex was subsidized with $3 million from taxpayers.
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http://www.sun-sentinel.com/local/br...005-story.html