FAT Village Mixed-Use Project in Downtown Fort Lauderdale Breaks Ground

FAT Village Mixed-Use Project in Downtown Fort Lauderdale Breaks Ground

The masterplan led by Hines and Urban Street Development includes multifamily units, retail venues, and creative office space to forge a vibrant and thriving cultural hub

The FAT Village master plan, led by Hines and its local partner Urban Street Development, has officially broken ground, preparing for vertical development. This 5.6-acre urban development in Fort Lauderdale will revamp the FAT Village district, introducing new housing, retail, restaurants, Class AA office space, and entertainment. Following the announcement of a $220 million construction loan, the groundbreaking marks a major milestone in the development’s lifecycle that brings significant investment, thousands of jobs, and solidifies the neighborhood as a top choice for business, dining, and living.

“Our innovative approach to sustainable and tech-friendly office spaces is the first of its kind in Fort Lauderdale, and we’re excited to bring this to the FAT Village community,” said Alan Kennedy, Managing Director of Hines. “FAT Village will redefine what it means to live, work, and play in an urban environment, bringing together the best of modern technology, art, and entertainment truly innovatively.”

The development includes nearly 200,000 square feet of Class AA office space in the sustainable T3 creative office building, 850 residential units in three towers, a 1,200 car commercial parking structure and over 80,000 square feet of food, shopping, entertainment, art studios, and galleries. FAT Village will become a lifestyle hub for  creatives to live, work, eat, and relax.

“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). “With our innovative blend of urban residential, creative office, local food and beverage, and artist workspaces, FAT Village will usher in a new era of modern spaces that will entertain our residents and visitors not only during monthly art walks which made FAT Village such a beloved part of the city, but every day of the week.”

Tim Petrillo, co-founder of USD, is thrilled to see the project progress. “As a passionate supporter of the arts, it brings me great joy to witness the development of this project aimed at preserving and uplifting the art community. We seek not only to enhance the lives of those residing in the FAT Village but to also draw in art enthusiasts from all corners. Through our innovative approach to community building, we aim to create a thriving cultural hub that will inspire and set an example for mixed-use projects in Fort Lauderdale,” said Petrillo.

The team is committed to incorporating local culture and history, ensuring FAT Village remains an integral part of Fort Lauderdale. The project is expected to be completed in 2026. For more information, visit Fatvillagere.com or @FatVillageRE.

About Urban Street Development

Urban Street Development (USD) is a creative and forward-thinking entertainment and lifestyle developer that prides itself on putting people first. Led by Alan Hooper and Tim Petrillo, two Fort Lauderdale locals who use their unique experience to understand complex real estate needs and apply creative strategies to achieve dynamic neighborhood transformation, the company is passionate about community revitalization and creating long-term value. With an emphasis on creating places where people and businesses can flourish, Urban Street Development puts suitable projects in the right places. Their team of professionals understands the challenges of redevelopment and the possibilities of transformation. The company specializes in all aspects of the development cycle and is committed to creating positive economic impact and positive community relations in the areas they serve. For more information, please visit https://urbanstreetdevelopment.com.

 

About Hines

Established in 1957, Hines is a privately owned global real estate investment, development, and management leader. With a formidable presence in 383 cities and 30 countries, Hines oversees a vast portfolio with $94.6 billion in assets under management. The firm also manages over 101 million square feet of holdings through third-party property-level services. Currently, Hines is developing 197 projects worldwide, and through the firm’s commitment to excellence, they have successfully developed, reshaped, or acquired 1,639 properties, amassing over 578 million square feet. For more information, please visit https://www.hines.com/about.