The FAT Village Mixed-Use Development is a real estate project developed on a 5.6-acre site in Fort Lauderdale, Florida, within the Flagler Village area. Construction activities commenced on the site as part of plans to deliver a combination of residential units, restaurants, retail outlets, and Class AA office space. The development was intended to support local economic activity through new commercial space and employment opportunities, while contributing to the continued redevelopment of the surrounding urban district.
The project was planned to be delivered in two phases. Phase one was scheduled for completion in 2027 and included the T3 FAT Village office building, 601 residential units across two multifamily towers, approximately 74,000 square feet of ground-floor retail space, and a structured parking facility. Phase two was planned to proceed following full occupancy of the first phase.
Latest posts on the project highlight its continuation as it gradually shapes up to be a centerpiece of Flagler village. Those involved in its development have noted it highlights the district’s commitment to creativity, walkability, and building places that feel authentic to the neighborhood they serve. The FAT Village Mixed Use Development is not the only one making waves in Florida as a Four Seasons hotel development in Jacksonville also takes shape.
The Four Seasons hotel development project in Jacksonville, Florida has secured a record-breaking $360m loan from Goldman Sachs. Shahid Khan, the billionaire owner of the Jacksonville Jaguars, secured the construction loan from Goldman Sachs Group Inc.’s private bank. The approved loan has ensured advancement of his planned Four Seasons development in downtown Jacksonville. It is an ambitious project with Miami-style asking prices.
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Project Details
The project will deliver more than 850 residential units across three towers following a US$200 million construction loan. The Class AA office spaces will have an industrial character with modern conveniences. Additionally, more than 80,000 square feet of food, shopping, entertainment, art studios, and galleries, and a 1,200-space commercial parking structure. The residential component of FAT Village will include The Gallery at FAT Village at 600 North Andrews Ave. This will be a 16-story, 263-unit, partially affordable tower featuring studio, one- and two-bedroom apartments and controlled access.
A second tower, FAT Village West, located at 501 North Andrews Ave., will be a fully affordable 13-story property featuring 249 apartments and a rooftop terrace and pool. The third tower, FAT Village East, situated at 501 North Andrews Ave., will be a 24-story building featuring 355 apartments with private balconies and patios, as well as a swimming pool. FAT Village currently represents one of six mixed-use placemaking destinations Hines has under development throughout the southeast.
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Comments on Fat Village
“FAT Village is a prime example of our success with delivering transformative, mixed-use destinations that signify an urban revitalization,” said Alan Kennedy, Managing Director of Hines. “FAT Village will pay homage to and retain the neighborhood’s creative spirit and artistic presence while creating a lively destination that will engage the community and enhance Fort Lauderdale’s urban fabric. We look forward to advancing our plans for the project as it becomes a valuable component of the broader Flagler Village community.”
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“This is a big step in the evolution of Flagler Village. The new FAT Village will deliver a sense of place for all residents and creative types with much-needed lifestyle retail in one convenient hub,” said Alan Hooper, Co-Founder and CEO of Urban Street Development (USD).
Project Team
The project team involves Hines, a global real estate investment manager who partnered with Urban Street Development, Cresset Real Estate and Las Americas. Additionally,, they collaborated with Hudson Capital and Halmos Holdings to fund the project.