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Old Posted Apr 13, 2009, 4:18 PM
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Location: Fort Lauderdale
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Monday, April 13, 2009, 10:30am EDT | Modified: Monday, April 13, 2009, 10:36am
One Financial Plaza seeks approval to change makeup
South Florida Business Journal - by Ed Duggan


One Financial Center Ltd., owner of One Financial Plaza, a high-rise office building in downtown Fort Lauderdale, wants to change its makeup from office to mixed-use.

The owner wants to add a 200-room hotel, commercial and residential units to its 4.01-acre site on Southeast Third Avenue.

Fort Lauderdale-based McLaughlin Engineering will present the developer’s project changes to the Broward County Commission on Tuesday. It will ask to reduce the office space from 235,300 to 218,550 square feet, but add a 200-room hotel, plus 25,000 square feet of commercial space and 300 residential units. The residential units would consist of 120 one-bedroom units and 180 two-bedroom units.

If approved, the developer will be liable for an $80,880 regional impact fee and a $3,120 administrative fee for the dwelling units.

One Financial Center LLC is the manager for One Financial Center Ltd.

According to state records, One Financial Center LLC’s managers are Stephen M. Douglas and Kenneth H. Simigran.
http://www.bizjournals.com/southflor...13/daily5.html
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