FORT LAUDERDALE, Fla. — (Realty News Report) — Houston-based developer Hines, in partnership with Fort Lauderdale’s Urban Street Development, is developing a seven-story creative office building framed with mass timber.
Named “T3 FAT Village,” the 180,000-square-foot office building is designed to be one of the most environmentally friendly and sustainable developments in the Fort Lauderdale area, according to Hines.
Hines’ proprietary T3 (Timber, Transit and Technology) platform uses mass timber framing instead of concrete. During construction, timber produces roughly 50 percent fewer CO2 emissions than concrete and also offers higher insulation value, contributing to improved energy performance and occupant comfort.
The mass timber office building will be part of FAT (Food Art Technology) Village, a 5.6-acre, 835,000-square-foot mixed-use urban village in Fort Lauderdale’s Flagler Village neighborhood. Located along North Andrews Avenue between 5th and 6th Streets, this four-block creative enclave will serve as a reimagined epicenter for the city’s arts scene. FAT Village is planned to include curated food and beverage concepts, retail, programmed activations, entertainment, and art studios and galleries. The development will benefit from excellent access to major arterial and interstate roads, as well as proximity to the Brightline station and the Las Olas central business district.
T3 FAT Village is expected to be completed in 2024.
“We are excited to have the opportunity to partner with Hines and are looking forward to bringing this world-class, mixed-use village to Fort Lauderdale, where we have been an active developer for more than 20 years,” said Alan Hooper, co-founder of Urban Street Development, alongside South Florida restaurateur Tim Petrillo.
Over the past year, demand in South Florida has grown significantly as more companies consider relocating to the Sun Belt for favorable business conditions, quality of life, and a diverse industry base. This migration trend shows no signs of slowing, with more than 1.6 million square feet of new-to-market office users seeking to move or expand in the region. Fort Lauderdale, with its central location and regional connectivity, is well positioned to capture a share of that new demand.
April 20, 2021 Realty News Report Copyright 2021
Photo Credit: Rendering courtesy Hines
For more about Texas real estate, see the book Houston 2020: America’s Boom Town – An Extreme Close Up by Ralph Bivins.
File: Timber Office Tower Planned by Houston Developer Hines.