How are the residential apartments important to the overall Master Plan, Bahia Mar Park and the City of Fort Lauderdale?
The residential apartments are important to Bahia Mar Park because the lease revenues will be applied to the development of Bahia Mar Park, the project’s multimillion dollar infrastructure and other community features such as facilities to accommodate a permanent home for the Fort Lauderdale International Boat Show. The residential apartments are important to the City of Fort Lauderdale because, upon receipt, the City could apply these revenues toward the redevelopment of other City projects, including the International Swimming Hall of Fame.
