Las Olas Marina in Fort Lauderdale is perfect for every boat owner and those who enjoy seeing boats. Developed by Suntex Marinas, it is poised to transform the Fort Lauderdale International Boat Show with its luxury mega yacht slips, premium services, and stunning waterfront promenade. Offering exclusive dining, boutique shopping, cutting-edge infrastructure, and lush surroundings, it’s an ideal destination for yacht enthusiasts and visitors seeking a scenic marina experience in Fort Lauderdale.
The City of Fort Lauderdale and SunTex Marinas have collaborated on a $70 million project to reinvent the Las Olas Marina, aiming to create a vibrant destination that caters to yacht enthusiasts and visitors.
The Vision for Las Olas Marina
The new Las Olas Marina is expected to redefine Fort Lauderdale’s waterfront, with completion set for spring 2024. The development is designed to support the expanded Fort Lauderdale International Boat Show and offers a variety of amenities, including luxury yacht slips, exclusive dining, boutique shopping, and lush landscapes.
Key Features and Amenities
The marina will offer 7,000 linear feet of dockage, accommodating both large yachts and smaller boats. Central to the project is a three-story, 31,000-square-foot marine service building with a casual restaurant, ship store, office space, gym, swimming pool, and outdoor patio. Additionally, a two-story, 15,000-square-foot upscale waterfront restaurant will provide a premium dining experience with outdoor seating.
Economic Impact and Job Creation
Beyond its aesthetic and recreational appeal, the Las Olas Marina project has significant economic implications. It is projected to generate over 650 jobs during construction and 1,110 full-time equivalent jobs once completed. The estimated annual economic impact is $221 million, contributing $6 million in state and local tax revenue and $446,000 in annual real estate property tax revenue.
Construction Progress and Current Status
By September 2023, the project had made substantial progress. The construction team had topped out all principal buildings, completed most marine work, and replaced over 1,000 linear feet of seawall. Additionally, they completed the new pump station serving most of the barrier island. The current focus is installing 7,000 linear feet of new docks, with ongoing tenant and restaurant selection.
A New Signature Destination
Once completed, the new Las Olas Marina will offer spectacular views of the Intracoastal Waterway, reinforcing Fort Lauderdale’s reputation as the “Yachting Capital of the World.” It will become a signature destination for yacht owners, tourists, and locals, enhancing the city’s appeal as a premier waterfront location.
When completed, the new Las Olas Marina will offer stunning views of the Intracoastal Waterway and become a signature destination that enhances Fort Lauderdale’s allure for yacht owners, tourists, and locals. It will testify to the city’s commitment to maintaining its reputation as a premier yachting and waterfront destination.
Are you in the market for a new home in Fort Lauderdale? Marina Landings presents a range of upscale residences. Reach out to us to schedule a call and learn more.
