Related Group is joining forces with Rok Acquisitions, and Tate Capital for a $2 billion mixed-use development in Fort Lauderdale.
The project plans will take almost 40 acres of land and water at the Bahia Mar marina, which is owned by the city, according to a report from CNBC. It will consist of condo towers, hotels, and 88,000 square feet of waterfront commercial space. The latter will include a park, beach club, boat docking, restaurants, slips marina for yachts (covering up to 350 feet), and a pedestrian promenade.
St. Regis hotel, projected to host roughly 200 rooms, will replace the DoubleTree brand at Bahia Mar.
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