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  • Writer's pictureDowntownFTL

DowntownFTL's Vibrant Retail Scene

April 4, 2023

Downtown Fort Lauderdale’s retail market is thriving. New restaurants and shops are elevating the downtown experience, benefiting from the critical mass of people living, working, and visiting our city. Take a bite out of our latest report to see how our vibrant retail and dining scene is evolving compared to other hot cities.

By The Numbers:

  • An 8K increase in the downtown population over the last five years helped drive a 28% increase in retail and dining options, adding 148 new restaurants and shops to downtown.

  • DowntownFTL’s retail vacancy rate is at a 10 year low of 3.1%, highlighting a healthy retail market in need of additional options to serve a critical mass of downtown residents.

  • Las Olas has more unique annual visitors (1.9M) than hot retail markets like Clematis and The Square (1.5M), Delray Beach’s Atlantic Avenue (1.5M), and Coconut Grove (1.2M).

  • DowntownFTL has a greater concentration of restaurants and shops (303 per square mile) than Downtown Nashville (230 per square mile).

  • Compared to pre-pandemic levels, Downtown Fort Lauderdale is seeing a 14 percent increase in retail foot traffic. Foot traffic in peer Sun Belt cities such as Downtown Austin and Downtown Nashville remain below pre-pandemic levels.

Introducing New Brands and Concepts:

  • Notable restaurants and shops that opened on Las Olas Boulevard within the past year or are coming soon include Fleming’s, Fogo de Chão, The Hollywood Donut Factory, Lululemon, Moxies, and Planta.

  • New restaurants and eateries that opened in Flagler Village or the Federal Highway corridor, within the past year include Aqui Bar & Kitchen, Fireman Derek’s, Mister O1 Extraordinary Pizza, Santiago’s Bodega, and Sushi Mas.

Dive deeper into the evolving DowntownFTL retail scene at


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