What happens if Bahia Mar Park does not go forward?
The development of Bahia Mar Park not only furthers the public use of the land but benefits the City of Fort Lauderdale greatly. At a minimum, the City would be forgoing over $500 million of additional lease payments, real estate taxes and other fees from now until the existing lease terminates in 2062. All of the other community benefits would not be achieved as well, including enhanced facilities for and permanence of the Fort Lauderdale International Boat Show.
