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By: David Lyons

All along the Las Olas corridor are similar stories. In what seems to be a quasi-collaborative moment, landowners, developers, entrepreneurs and professionals are helping downtown Fort Lauderdale achieve a newfound adulthood.

No longer solely a way station for temporary visitors such as tourists and seasonal snowbirds, it is now a highly desirable metropolitan destination that for many is more attractive and economical for full-time living than Miami.

鈥淲e鈥檙e not the city 鈥檛ween Miami and West Palm Beach anymore,鈥� George Hanbury II, president and CEO of Nova Southeastern University and a former Fort Lauderdale city manager, told a recent symposium sponsored by the Urban Land Institute and the Fort Lauderdale Downtown Development Authority. 鈥淲e鈥檙e at the center of 6 million people in three counties and have the potential to be a world-class center.鈥�

The city will soon be the only midpoint for the daily Brightline rail service serving West Palm Beach, Fort Lauderdale and Miami. The rail line鈥檚 Broward Boulevard station is a short walk or ride-share trip away from Las Olas 鈥� a major plus for the thousands of people who are moving or are about to move into burgeoning residential towers along the corridor. More than 8,000 residential units have opened in downtown Fort Lauderdale in recent years. Another 7,000 residential units and 1,000 hotel rooms are planned.

And Las Olas is a prime contributor to the surge in business.

Property Markets Group is overhauling the site of the failed Riverfront complex with X Las Olas, a development of 鈥渕icro apartments鈥� with relatively lower rents aimed at millennials. 麻豆传媒AV在线看 Inc. is developing a luxury office tower at 201 E. Las Olas Blvd. and a residential tower at 212 SE Second Ave., which will also be the scene of a sorely needed supermarket.

Meanwhile, The Kolter Group is halfway toward completing a luxury mixed-use tower at 100 Las Olas, which for a short time will hold the title of the city鈥檚 tallest building at 46 stories. The t, the first hotel to be built downtown in 82 years, said Robert Vail, president of Kolter鈥檚 urban division.

The 100 Las Olas tower鈥檚 鈥渢allest鈥� status won鈥檛 last long because another proposed mixed-use tower, RD Las Olas, is expected to rise to 494 feet, 8-inches, north of the Henry E. Kinney Tunnel beneath the New River 鈥� provided the city approves it.

At 501 and 515 E. Las Olas Blvd., the revamped SunTrust Center, renamed , is picking up momentum with the signing of a nationally known restaurant chain and a work space company . Coming soon is Del Frisco鈥檚 Grille, a national brand chophouse. Also signed is Spaces, a worldwide shared work space firm that will occupy 32,000 square feet, and SunTrust, which is leasing 5,000 square feet for a retail branch

Diagonally across the street, The Related Group鈥檚 long-awaited, 45-story, 272-unit Icon Las Olas rental tower opened last year, next to the historic Stranahan House, and is enjoying success by attracting high-rent tenants who want luxury without owning.

Patrick Campbell, vice president of development for The Related Group, said the occupancy levels have exceeded expectations.

鈥淲e didn鈥檛 know what expect,鈥� he said. 鈥淲e toyed with going straight to sales. We determined it wasn鈥檛 the right time. Then we decided there was pent-up demand for larger rental units, and we鈥檝e been very successful with it.鈥�

That success has come with monthly rental rates ranging from $2,000 to $7,000. The building, which opened late last year, is 75 percent leased.

鈥淲e鈥檙e getting top-of-the-market rents for downtown Fort Lauderdale,鈥� he said. 鈥淲e鈥檙e pleasantly surprised. The building is getting a life of its own.鈥�

The tenant profile is a mix of empty-nesters whose children are grown, young people with children, and people who lived downtown before and upgraded to fancier digs.

Where will they all eat, shop and play?

If restaurants west of the U.S. 1 tunnel don鈥檛 suit them, they can go east to sample the clutch of new restaurants and retail outlets opening this spring along a six-block stretch controlled by The Las Olas Co., Barron Real Estate and Hudson Capital Group.

The landowners appear to have succeeded in attracting quality restaurants. And the crowds are responding.

Last Tuesday evening, at the Mexican restaurant El Camino, which debuted in February, the place was packed to the outer door for happy hour, not long after tornadoes had hit the city.

鈥淚t鈥檚 long overdue,鈥� said commercial real estate broker Jaime Sturgis of Native Realty.

Born and raised in Fort Lauderdale, he is involved with the burgeoning Flagler Village and a remake of 13th Street north of downtown. 鈥淟as Olas became very homogenous for a while. It was due for a refresh,鈥� he said. 鈥淏urgers and beers were OK, but people want more dining options and experiences. The roster of restaurants going into Las Olas are amazing.鈥�

Asta, who is opening the Red Door Asian Bistro on Las Olas and runs a chain of Asian-fusion restaurants on Long Island, N.Y., is unfazed by the large numbers of new restaurants booked for the boulevard. He said he expects to draw tourists, shoppers and downtown workers and residents to the restaurant, which is set to open April 23.

Michael Weymouth, president of the Las Olas Co., which owns and operates the venerable Riverside Hotel, said the landowners started searching for a blend of prominent retailers and restaurants after getting 鈥渂lindsided鈥� by a surge in vacancies.

The three landowners control 90 percent of the space from the tunnel to the 10th Terrace.鈥� We partnered with them because we want to appeal to local and national retailers,鈥� he said. 鈥淚f we didn鈥檛 have space to accommodate them, the other developer would.鈥�

The corridor is showing an ability to seriously compete with other commercial centers, said Jeffrey Evans, senior director of retail leasing for the Comras Co., which is helping the landowners identify tenants.

鈥淭he market hadn鈥檛 been serving the local population. We鈥檙e trying to bring in the lifestyle tenants that have been missing. It鈥檚 filling that necessary void,鈥� Evans said. 鈥淭he great thing about Las Olas Boulevard is that it鈥檚 pulling people all the way from Weston. The boulevard has been the focal place for Broward County.鈥�