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Thursday, July 31, 2014

FORT LAUDERDALE - The Florida Department of Transportation has begun the reconstruction of State Road A1A in Fort Lauderdale.  The long anticipated first phase of reconstruction began Monday, July 28th and is expected to be complete in December 2014. The stretch of road between NE 14th Court and NE 18th Street has been under repair since January of last year when it was severely eroded in 2012 during Hurricane Sandy.

Project 'A1A in Action', a $118.8 million undertaking, will include a new beachside promenade, landscaping, on-street parking, and bicycle lanes. It will also include a decorative seawall and a new underground drainage system, which will keep seasonal flooding under control.

Parking spaces and sidewalk will be closed and blocked on the east side of A1A between Sunrise Boulevard and NE 14th Court. Two-way traffic, bike lane, parking and sidewalk will continue to be maintained on the west side of A1A for beachgoers’ convenience.  Parking spaces and sidewalk will be closed on the west side of A1A from NE 14th Court to NE 18th Street.  At this location, access will be maintained on the east side of A1A.  Repairs will take place Monday through Saturday between 8 a.m. and 7 p.m.

The project is expected to be completed in 2016 and residents and visitors alike will be able to enjoy the new and improved A1A. 


 
Wednesday, July 30, 2014

It's quite an exciting week here in Fort Lauderdale!  Concerts, festivals, butterflies, and even a scenic 5K through the beautiful neighborhoods surrounding Downtown. 

Lauderdale-by-the-Sea is hosting their 3rd Annual “Bugfest-by-the-Sea” Dive Festival July 27-August 2.  The week-long event features a series of fun and exciting events for divers and lobster lovers: a “bug” hunting contest with thousands of dollars in prizes, a bug hunting seminar, wreck diving workshop with Shadow Divers legend John Chatterton, underwater photo and video contests, free photo workshops, a PADI Digital Underwater Specialty Certification Course, free beach diving clinics, underwater pier and reef clean-up, SS Copenhagen Beach Dive, coral reef film presentation, a beachfront lobster cookout, and a Florida lobster mini-season kick-off party! 

On July 30, the Hard Rock Live (1 Seminole Way, Hollywood) will present Gavin DeGraw, along with Matthew Nathanson and Andrew McMahon.  The singer-songwriter (and Dancing with the Stars contestant!) is best known for his hit songs “Chariot” and “I Don’t Want to Be” - which served as the theme song to the popular TV drama “One Tree Hill”.  He has sold more than a million albums in the US since his rise to fame in the early 2000’s.  The show at the Hard Rock starts at 7:30. 

Don’t miss the classic rock band YES performing at the Hard Rock Live on August 1.  Formed in the late 1960’s, the English band achieved great success with their progressive, art, and symphonic style of rock music.  With hit songs like “Owner of a Lonely Heart”, Yes is considered one of the most popular, influential and critically acclaimed acts in the history of the progressive genre, and have influenced other big name bands like Dream Theater and Rush. Nine of their twenty studio albums have reached the top ten on either the UK or the US charts, with two reaching the number one spot in the UK. They have sold 13.5 million certified units in the US.  See them perform 4 decades worth of hits at the Hard Rock at 8pm.  Tickets start at $39.

The Museum of Discovery & Science (401 SW 2 Street) will be hosting “Butterfly Weekend” from 12-4pm on August 2 & 3.  Learn how to build a butterfly garden, participate in a butterfly release and see the amazing IMAX film, “Flight of the Butterflies” in 3D on the BIGGEST screen in South Florida.  Through spectacular 3D imagery, audiences will witness beautiful butterflies flying off the screen into their arms. Based on a remarkable true story, the epic film immerses audiences in a triumphant journey of perseverance that spans thousands of miles and several generations -- tracking real monarch butterflies to their mysterious Mexican winter haven where audiences will discover a truly spectacular sight: hundreds of millions of REAL live butterflies in one of the most amazing places on Earth.  You can also get Butterfly Garden Tips: Learn what types of plants, dirt and species of butterflies you can put together in a butterfly garden, and take home some seeds to start your garden. Don’t miss the Butterflies Live! Presentation: Grab your seat for some fun with a live, interactive show about butterfly anatomy and life cycles. Learn all about the short but amazing life of a butterfly during this exciting program. The presentation is followed by a Butterfly Release!

Beginning at 7:00am on August 2, The KID Hero 5K is a USATF-certified run/ walk course beginning at Huizenga Plaza (1 E. Las Olas Blvd.) and weaving through scenic and historic sections of downtown Fort Lauderdale.  Pre-Registration (by August 1) is $35 for adults / $15 for children 17+under. Participants are encouraged to release their inner superhero by dressing up in their best costume. Sign up in teams or individually and you can raise funds on behalf of the children and families at KID.  KID will provide water, sports drinks, and healthy snacks.  Fun post-race activities include a celebratory breakfast party with delicious food, great music, and plenty of laughs.  A healthy, fun, and charitable way to spend a Saturday morning in Fort Lauderdale!

Stay tuned for more information on events held throughout the greater Fort Lauderdale area.  And to learn more about our great city - or for information on Fort Lauderdale Real Estate - visit us at www.gayleborden.com or contact The Gayle Borden Group at 954.525.3355.  


 
Tuesday, July 29, 2014


The City of Fort Lauderdale is offering residents a responsible way to dispose of hazardous waste and electronics at a drop-off event set for 9 a.m. – 2 p.m. on Saturday, August 2, 2014 at Mills Pond Park, 2201 NW 9th Avenue (Powerline Road), in Fort Lauderdale.
Proof of residence is required (Driver’s license or utility bill).
Drop-off events are critical to protecting the environment by reducing the volume of waste in landfills and preventing the contamination of ground water.


For drop-off guidelines, visit www.fortlauderdale.gov or contact City of Fort Lauderdale Customer Service at (954) 828-8000.


 
Tuesday, July 29, 2014

Join in this year for the 61st Anniversary of a Fort Lauderdale tradition!  The David Deal Play Day features a variety of events, competitions and activities now through August 9.  Playday was introduced in 1953 and has grown into a week-long celebration with multiple events including a golf tournament, a teen concert, basketball tournaments, a jazz concert, a boxing tournament, a championship swim meet and, of course, the legendary David Deal Playday Festival.  See below for more information, and for a full schedule of events, visit www.fortlauderdale.gov/playday.


 
Monday, July 28, 2014

A group of South Florida real estate investors has purchased the iconic Bahia Mar Resort and Marina in Fort Lauderdale with visions of upgrading the waterfront property and adding shops, restaurants and condos.

According to the Miami Herald, Miami real estate developers, Jimmy and Kenny Tate, co-owners of Tate Capital, and their longtime friend Sergio Rok, president of Rok Acquisitions, along with Rialto Capital Management and RCI Marine, paid an undisclosed price for a long-term lease on the 39-acre parcel in the heart of Fort Lauderdale Beach.  The Blackstone Group had owned the lease on the property located on the Intracoastal Waterway across from a public beach for years.  “It’s iconic, it has a great name, great image, great reputation and great brand recognition nationally and, obviously, locally,” said Jimmy Tate, chief executive of Tate Capital. “However, the asset is very tired and it hasn’t had a lot of capital improvements made over the years.”

The Bahia Mar currently includes a 250-slip marina that can accommodate mega-yachts up to 230 feet in size, along with a 297-room DoubleTree Hotel by Hilton, both of which will remain in place, Tate said. The location, south of Las Olas Boulevard at 801 Seabreeze Blvd., will also continue to be the site of the Fort Lauderdale International Boat Show, a major economic driver for South Florida for the past 50 years.  “Whatever we do is going to complement the boat show, complement the marina and complement the hotel,” Tate said.  The new owners are considering adding a condo-hotel, and additional restaurants, shops and offices, all in a renewed park-like setting along the waterfront. 

For several years, the previous owners had worked on putting together a $250 million plan to redevelop Bahia Mar with a highrise featuring a five-star Waldorf-Astoria condo-hotel and a waterfront park, though nothing ever came to fruition.  The plan for the “new and improved” Bahia Mar will be one to watch closely in the coming year!  As exhibitors at the Fort Lauderdale International Boat Show for 15 years, the Gayle Borden Group is very interested to see how the property is made even better!


 
Friday, July 25, 2014

Stephen Ross, best known to many Floridians as the owner of the Miami Dolphins and SunLife Stadium, has just added another property to his already impressive portfolio.  Ross’ New York-based Related Cos. Related Fund Management has spent a reported $90 million to buy the W Hotel & Residences on Fort Lauderdale Beach.  Open since 2009 and located across A1A from the sand at 401 N. Fort Lauderdale Beach Blvd., it is a 23-story, 2-tower Hotel and Residence, comprised of 346 rooms and 171 condo units. The group plans on maintaining the property as a W, a luxury brand recognized worldwide for their high-end hotels with outstanding service and amenities. 

It was the condo units collectively that were on the market for $90 million, but Joanna Rose, spokeswoman for Related Fund Management, says the group also purchased the hotel units for an undisclosed amount. "The W Fort Lauderdale is a well-amenitized oceanfront property in a premier market, and we see great potential to add value through a well-executed upgrade and repositioning plan," Rose said via the Sun Sentinel.

We’re looking forward to seeing what additional benefits and amenities the W Hotel & Residences will bring to visitors and residents of Fort Lauderdale Beach, now that the new ownership is on board.


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