City Commission Signs Off On $150M Development

FT. LAUDERDALE-The $150 million LightSpeed Broward Center takes another step through the red tape process of County approval with the Ft. Lauderdale City Commission’s recent vote to endorse the project. The 1 million-sf multi-structure, mixed-use complex is a project of developer Cypress Creek Park and Ride Associates, a division of the Swerdlow Group’s LightSpeed Infrastructure.

LightSpeed Broward will offer 730,000 sf of office space, 40,000 sf of retail space, a 250,000-sf Internet server structure, a 400-room hotel, parking spaces to accommodate more than 3,000 vehicles, and over 500 spaces reserved for park-and-ride users. The project will occupy an 11.5-acre plot that sits astride Fort Lauderdale and the city of Oakland Park. “We’re creating one of the most technologically advanced office addresses in South Florida,” LightSpeed Infrastructure chairman and CEO Michael J. Swerdlow has long said of the project. “LightSpeed Broward Center will also be one of the most accessible addresses in the region.”