• DowntownFTL

Core Economic Engines

July 7, 2022


Based on similar levels of economic impact and foot traffic, DowntownFTL, Port Everglades, and the Fort Lauderdale-Hollywood International Airport are all essential economic engines to the South Florida region.


Foot Traffic


In 2022, both DowntownFTL and Fort Lauderdale-Hollywood International Airport are projected to have annual foot traffic in excess of 30 million people. DowntownFTL annual foot traffic is provided by Placer.ai and Airport data is provided by Broward County at: https://www.broward.org/Budget/Documents/FLLBudgetWorkshop.pdf.


Economic Impact


DowntownFTL has an annual economic impact of about $30 billion. This is of comparable value to the airport and Port Everglades. Combined, these three economic engines have an impact of about $100 Billion on Broward County and the South Florida Region.

Sources:

Port Everglades Economic Impact: https://www.porteverglades.net/statistics/#:~:text=Economic%20Impact%20FY2021%20Report,maritime%20research%20company%20Martin%20Associates.

Airport Economic Impact: :https://www.broward.org/Airport/Business/about/Documents/FLL_annual_report_2019_2020_ada.pdf

Airport Projected Passengers:

https://www.broward.org/Budget/Documents/FLLBudgetWorkshop.pdf