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Jimmy Tate and his partners did what others could not: Get Fort Lauderdale to sign over a $256 million prime piece of land for 100 years. And there’s no turning back now.
City leaders say millions will roll in after hundreds of condos get built. Critics say the deal is just another giveaway of taxpayer land.
Commissioners will make the decision of a lifetime next week: Should they grant a developer a new lease that will tie up priceless public land for another century?
Yachts might be competing for space with condo towers if Fort Lauderdale allows a luxury development on city land, organizers warn. Critics urge the city to buy out the developer's lease, but he's not selling.