Danny Diaz of brokerage CBRE Inc. in Miami, is marketing for lease, retail and restaurant space in a new mixed use project on N. Federal Hwy in Fort Lauderdale that is being developed by Miami-based Related Group. The six-level residential project is in the Flagler Village area just north of Las Olas Blvd. in the downtown market.  Along with its parking garage, the project will include about 22,475 square feet of ground floor retail space fronting onto N. Federal Hwy. This ground floor area will also include open landscaped plaza areas ideal for outdoor seating. Each of the end-cap spaces facing the plaza are earmarked for restaurant/café uses. The retail/restaurant units will be delivered with the concrete slab, HVAC and duct work installed along with electrical panel, outlets and drywall. Ceiling heights are about 20 feet and pop up to 25 feet in each of the end-cap spaces facing the plaza.  The target delivery for the South building is in February 2014 and mid to late April 2014 for the North building. Parking is behind the retail and there is free parking spaces dedicated to the retail and metered street parking is also behind the retail bays. With the adjacent residential project currently under construction, it will bring the total number of units in the immediate under serviced market to approximately 1200 within the next 18 months. Over 39,500 vehicles pass the site daily on N. Federal Hwy. and more than 129,000 people are within three miles. The average household income within one mile is over $77,900 and the average age in that radius is slightly under 40 years.

Danny Diaz, CBRE Inc., 777 Brickell Ave., Suite 900, Miami, Florida 33131

(305/381-6412  cel:305/321-2526  danny.diaz@cbre.com)

Related Group, 315 S. Biscayne Blvd., Miami, Florida 33131

(305/460-9900  info@relatedgroup.com)