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Developer withdraws bid on Bahia Mar rezoning, redevelopment

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A letter to withdraw plans to redevelop Bahia Mar Resort and Marina, home to the Fort Lauderdale International Boat Show (FLIBS), has been sent to the the city of Ft. Lauderdale. The city commissioners are expected to accept the withdrawal tonight at the commission meeting.

Show Management and the Marine Industries Association of South Florida (MIASF) have expressed disappointment. As producer and owner of the show respectively, the two groups have worked with the current lease-holder and developer, TRR Bahia Mar, LLC/RAHN Bahia Mar LLC, and the land-owner, the City of Fort Lauderdale, to ensure a future home for the show at Bahia Mar.

TRR withdraws Bahia Mar rezoning letter

A statement signed by Efrem “Skip” Zimbalist III, president of Show Management and Phil Purcell, executive director of Marine Industries Association of South Florida, stated that the two groups “actively supported the boat show facilities contained in the proposed site plan”.

MIASF Bahia Mar statement

Drawings for proposed redevelopment of Bahia Mar.

Drawings for proposed redevelopment of Bahia Mar.

The plan was submitted to rezone the area as Innovative Design (ID) which would allow for condominiums in two 29-story towers, a public promenade/park and a permanent home for the boat show.

The letter of withdrawal states that parties could not come to agreement on several key issues including the lease for FLIBS, the lease with the city which proposed another 50 years and the site plan.

Dorie Cox is associate editor of The Triton. Comments on this story are welcome at dorie@the-triton.com.

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About Dorie Cox

Dorie Cox is editor of The Triton.

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