Bank of America Office Building 3661 Oakland Park Blvd Ft Lauderdale, Fl 33309

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1 Bank of America Office Building Bank of America anchored office building 43,770 gross square footage 2.54-acre lot with over 133 parking spaces 11.91% Pro-Forma capitalization rate Sponsored By: JOHN DEMARCO, ACP Each office is independently owned and operated. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL (954) Each office independently owned and operated

2 INVESTMENT DETAILS ANALYSIS Analysis Date May 2018 PROPERTY Property Property Address Bank of America Office Building 3661 Oakland Park Blvd Ft Lauderdale, Fl Year Built 1981 PURCHASE INFORMATION Property Type Commercial Purchase Price $4,999,000 Tenants 13 Total Rentable Sq. Ft. 43,770 FINANCIAL INFORMATION All Cash LOANS Type Debt Term Amortization Rate Payment LO Costs All Cash INCOME & EXPENSES Gross Operating Income $383,808 Monthly GOI $31,984 Total Annual Expenses ($187,793) Monthly Expenses ($15,649) P. 2

3 EXECUTIVE SUMMARY Acquisition Costs Purchase Price, Points and Closing Costs $4,999,000 Investment - Cash $0 Investment Information Purchase Price $4,999,000 Price per Tenant $384,538 Price per Sq. Ft. $ Income, Expenses & Cash Flow Gross Scheduled Income $383,808 Total Vacancy and Credits $0 Operating Expenses ($187,793) Net Operating Income $196,015 Debt Service $0 Cash Flow Before Taxes $196,015 Financial Indicators Debt Coverage Ratio N/A Capitalization Rate 3.92% Gross Income / Square Feet $8.77 Gross Expenses / Square Feet ($4.29) Operating Expense Ratio 48.93% P. 3

4 PROPERTY DESCRIPTION John DeMarco with Re/Max 5 Star Realty is pleased to present the sale of 3661 Oakland Park Blvd Lauderhill Florida, This net leased property is anchored by Bank of America. BOA has just signed a lease renewal extending until July 31st 2024 (over 6 years left on lease before options to extend). This Corporate signed lease contains 4, five-year options to extend. BOA currently occupies the entire first floor (9,250 sf, 23.6% of building). They are currently paying $17,000 a month or $22 a square foot net plus CAM. Located strategically in Lauderhill Florida which is in the Ft Lauderdale geographical area. The total gross square footage of this property is 43,770 sf with 39,533 leasable net sf. This building is situated on a large 2.54-acre lot with over 133 parking spaces. It is currently 48.6% occupied with 19,222 sf leased and 20,322 sf available. The physical building went through extensive renovations in During this time Landlord vacated the top two floors to complete these renovations. Recent work includes new elevators, new bathrooms, paved parking lot, interior hallways, new flooring, improved HVAC systems, new landscaping, and much more. The roof has been inspected by a licensed roofer who stated it is in excellent condition. There is no major deferred maintenance. After this work has been completed lease up efforts have been very successful, vacancies continue to decrease each month. This trend will certainly continue. Broker expects to hit 85-90% occupancy within the next 12 months. This property is currently grossing $383,808 per year netting $196,015. This NOI provides an investor with a 3.92% actual capitalization rate at full asking price. Included in this package is a pro-forma showing that when this property is stabilized over the next 12 months the NOI will increase to $595,580 per year. This NOI will provide an investor with a strong 11.91% capitalization rate. See enclosed Pro-Forma for more details. Real property tax reassessment factored into pro-forma. Bank of America is one of the largest financial institutions in the Unites States. They have over $1.7 Trillion in total assets with over $36.47 billion in customer deposits in Florida alone (#1 in state of Florida for total deposits). See enclosed tenant information brochure for additional information. Excellent opportunity for an owner user, or investor to own an excellent office building; acquiring Bank of America as your tenant. Please remember to not disturb any tenants at this property, all showings are by appointment only. P. 4

5 TENANT OVERVIEW Tenant Profile Bank of America Corporation is an American multinational financial services company headquartered in Charlotte, North Carolina. It is ranked 2nd on the list of largest banks in the United States by assets. As of 2016, Bank of America was the 26th largest company in the United States by total revenue. In 2016, it was ranked #11 on the Forbes Magazine Global 2000 list of largest companies in the world. As of April 16, 2018, bank operated in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Their retail banking footprint covers approximately 80 percent of the U.S. population, and they serve approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and leading online and mobile banking platforms with approximately 36 million active accounts and more than 25 million mobile active users. They offer industry-leading support to approximately three million small business owners. Their wealth management businesses, with client balances of approximately $2.5 trillion, provide tailored solutions to meet client needs through a full set of investment management, brokerage, banking, trust and retirement products. They are a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America is one of the Big Four banks in the United States In the United States. The big four banks hold 39% of all U.S customer deposits (as of 2015) and consist of: Rank Total Assets Bank Name 1 $2,140,778,000,000 JPMorgan Chase Bank 2 $1,751,524,000,000 Bank of America 3 $1,747,354,000,000 Wells Fargo Bank 4 $1,385,697,000,000 Citibank 5 $456,025,829,000 U.S Bank 6 $370,002,264,000 PNC Bank 7 $297,305,000,000 The Bank of New York Mellon 8 $290,651,177,000 Capital One 9 $288,294,007,000 TD Bank 10 $235,021,618,000 State Street Bank and Trust Company Holden By: Bank of America Corporation Established: Charter Class: Commercial Bank, national (federal) charter and Fed member Number of Branches: 4,584 - ranked #3 Total Assets: $1,751,524,000,000 ranked#2 Total Deposits: $1,386,761,000,000 ranked#3 Total Equity Capital: $207,775,000,000 ranked#2 Total Domestic Deposits: $1,301,404,000,000 ranked#1 Net Income: $21,184,000,000 ranked#2 Website: Bank of America (headquartered and bank chartered in Charlotte, North Carolina) Citigroup (headquartered in New York, New York, bank chartered in Sioux Falls, South Dakota) JP Morgan Chase (headquartered in New York, New York, bank chartered in Columbus, Ohio) Wells Fargo (headquartered in San Francisco, California, bank chartered in Sioux Falls, South Dakota) Bank of America is ranked #2 in terms of "Total Assets" in all banks in U.S. with a value of $1,751,524,000,000. This comparison is based on data reported on Bank of America operates -but does not necessarily maintain retail branches -in all 50 states of the United States, the District of Columbia and more than 40 other countries. It has a retail banking footprint that serves approximately 46 million consumer and small business relationships at 4,600 banking centers and 15,900 automated teller machines. Banks ranked by South Florida deposits as of June 2017 P. 5

6 PROPERTY PHOTOS P. 6

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9 MAPS AND AERIALS Areal Map and should be personally verified through personal inspection by and/or with the appropriate professionals. P. 9

10 TENANT MIX REPORT Suite Tenants Approx. SqFt Avg. Rents Monthly Mkt Rents Monthly 100 Bank of America 9250 $17,000 $17,000 $17,000 $17, Vacant - General Office 7404 $0 $0 $7,404 $7, Palm Wellness Center 2091 $2,936 $2,936 $2,950 $2, Accounting Office 999 $1,260 $1,260 $1,260 $1, Vacant - General Office 1948 $0 $0 $1,948 $1, Call Center 1624 $1,982 $1,982 $1,981 $1, Vacant - General Office 1063 $0 $0 $1,063 $1, Vacant - General Office 2689 $0 $0 $2,689 $2, Vacant - General Office 3665 $0 $0 $2,689 $2, Vacant - General Office 2060 $0 $0 $3,665 $3, Good Growth Wellness 1589 $1,640 $1,640 $1,640 $1, Vacant - General Office 1493 $0 $0 $1,493 $1, General Office 3658 $3,850 $3,850 $3,850 $3, ,533 $28,668 $49,632 P. 10

11 PRO FORMA SUMMARY INCOME Description Actual Per SF Pro-Forma Per SF Gross Potential Rent $344,016 $7.86 $595,584 $13.61 Less: Vacancy $0 $0.00 $0 $0.00 Misc. Income $39,792 $0.91 $261,960 $5.98 Effective Gross Income $383,808 $8.77 $857,544 $19.59 OPERATING EXPENSES Description Actual Per SF Pro-Forma Per SF Building Insurance $9,000 $0.21 $9,000 $0.21 Elevator maintenance $7,980 $0.18 $7,980 $0.18 Grounds Maintenance $12,000 $0.27 $12,000 $0.27 Janitorial $12,000 $0.27 $12,000 $0.27 Landscaping & Parking $6,000 $0.14 $6,000 $0.14 Liability Insurance $5,700 $0.13 $5,700 $0.13 Management Fees $19,190 $0.44 $29,024 $0.66 Taxes - Real Estate $64,812 $1.48 $84,983 $1.94 Trash Removal $2,945 $0.07 $2,945 $0.07 Utility - Electricity $39,210 $0.90 $76,420 $1.75 Utility - Water & Sewer $8,956 $0.20 $15,912 $0.36 Total Expenses ($187,793) ($4.29) ($261,964) ($5.99) NET OPERATING INCOME $196,015 $4.48 $595,580 $13.61 P. 11

12 PRO FORMA SUMMARY TENANT ANNUAL SCHEDULED INCOME Tenant Actual Pro-Forma TOTALS $344,016 $595,584 INVESTMENT SUMMARY Price: $4,999,000 Year Built: 1981 Tenants: 13 RSF: 43,770 Price/RSF: $ Lot Size: 110,552 sf Floors: 3 APN: Cap Rate: 3.92% Pro-Forma Cap Rate: 11.91% ANNUALIZED INCOME Description Actual Pro-Forma Gross Potential Rent $344,016 $595,584 Less: Vacancy $0 $0 Misc. Income $39,792 $261,960 Effective Gross Income $383,808 $857,544 Less: Expenses ($187,793) ($261,964) Net Operating Income $196,015 $595,580 ANNUALIZED EXPENSES Description Actual Pro-Forma Building Insurance $9,000 $9,000 Elevator maintenance $7,980 $7,980 Grounds Maintenance $12,000 $12,000 Janitorial $12,000 $12,000 Landscaping & Parking $6,000 $6,000 Liability Insurance $5,700 $5,700 Management Fees $19,190 $29,024 Taxes - Real Estate $64,812 $84,983 Trash Removal $2,945 $2,945 Utility - Electricity $39,210 $76,420 Utility - Water & Sewer $8,956 $15,912 Total Expenses $187,793 $261,964 Expenses Per RSF $4.29 $5.99 P. 12

13 COMPARABLE SALES 1 E 49th St Bank of America Hialeah, FL Bank Building of 10,768 SF Sold on 7/6/2017 for $2,900,000 - Research Complete buyer IMC Equity Group NE 125th St North Miami, FL (305) seller Gramercy Property Trust, Inc. 90 Park Ave New York, NY (212) vital data Escrow/Contract: - Sale Date: 7/6/2017 Days on Market: 65 days Exchange: No Conditions: Investment Triple Net Land Area SF: 130,575 Acres: 3 $/SF Land Gross: $22.21 Year Built, Age: 1963 Age: 54 Parking Spaces: 38 Parking Ratio: 3.2/1000 SF FAR 0.08 Lot Dimensions: - Frontage: - Tenancy: Single Comp ID: Sale Price: $2,900,000 Status: Confirmed Building SF: 10,768 SF Price/SF: $ Pro Forma Cap Rate: - Actual Cap Rate: 4.12% Down Pmnt: $2,900,000 Pct Down: 100.0% Doc No: Trans Tax: - Corner: No Zoning: B-1, Hialeah No Tenants: 1 Percent Improved: - Submarket: Medley/Hialeah Map Page: Trakker 286 Parcel No: Property Type: Retail income expense data Listing Broker Expenses - Taxes - Operating Expenses Total Expenses $56,041 $56,041 Marcus & Millichap Inc 5201 Blue Lagoon Dr Miami, FL (786) Alex Zylberglait Buyer Broker No Buyer Broker on Deal financing prior sale Date/Doc No: Sale Price: CompID: 12/17/ Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 13 Page 1

14 COMPARABLE SALES 7215 W Atlantic Ave Bank of America - Village Of Oriole Plaza Delray Beach, FL Bank (Community Center) Building of 5,161 SF Sold on 12/14/ Research Complete (Part of Multi-Property) buyer Myron Vogel 1 Hastings Rd Old Westbury, NY (561) seller Clarion Partners c/o Christy Hill 230 Park Ave New York, NY (212) vital data Escrow/Contract: 60 days Sale Date: 12/14/2017 Days on Market: - Exchange: No Conditions: - Land Area SF: 64,356 Acres: 1.48 $/SF Land Gross: - Year Built, Age: 1991 Age: 26 Parking Spaces: 48 Parking Ratio: 9.3/1000 SF FAR 0.08 Lot Dimensions: - Frontage: - Tenancy: Single Comp ID: Sale Price: - Status: - Building SF: 5,161 SF Price/SF: - Pro Forma Cap Rate: - Actual Cap Rate: 6.40% Down Pmnt: - Pct Down: - Doc No: Trans Tax: $222,215 Corner: No Zoning: CG No Tenants: 1 Percent Improved: - Submarket: Delray Beach Map Page: - Parcel No: - Property Type: Retail income expense data Listing Broker Net Income Net Operating Income - Debt Service - Capital Expenditure Cash Flow $2,031,010 Cushman & Wakefield 333 Avenue of the Americas Miami, FL (305) Mark Gilbert, Adam Feinstein Buyer Broker No Buyer Broker on Deal financing prior sale Date/Doc No: Sale Price: CompID: 3/24/2015 $8,250, Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 14 Page 2

15 COMPARABLE SALES 4400 Inverrary Blvd Bank of America - Inverrary Plaza Lauderhill, FL Bank (Neighborhood Center) Building of 10,000 SF Sold on 12/13/2017 for $4,750,000 - Research Complete buyer Iraitzoz, LLC 901 Ponce De Leon Blvd Coral Gables, FL (305) seller GB Companies, LLC NW 58th St Doral, FL (305) vital data Escrow/Contract: - Sale Date: 12/13/2017 Days on Market: 117 days Exchange: No Conditions: Investment Triple Net Land Area SF: 30,056 Acres: 0.69 $/SF Land Gross: $ Year Built, Age: 1978 Age: 39 Parking Spaces: 60 Parking Ratio: 3/1000 SF FAR 0.33 Lot Dimensions: - Frontage: - Tenancy: Multi Comp ID: Sale Price: $4,750,000 Status: Confirmed Building SF: 10,000 SF Price/SF: $ Pro Forma Cap Rate: - Actual Cap Rate: 5.50% Down Pmnt: - Pct Down: - Doc No: - Trans Tax: - Corner: No Zoning: C-3, Lauderhill No Tenants: 11 Percent Improved: 84.1% Submarket: Plantation Map Page: Trakker 98 Parcel No: Property Type: Retail income expense data Listing Broker Net Income Net Operating Income - Debt Service - Capital Expenditure Cash Flow $261,250 Marcus & Millichap Inc 5201 Blue Lagoon Dr Miami, FL (786) Scott Sandelin Buyer Broker Solid Investments Gatewood Dr Bradenton, FL (954) Steven Schroeder financing prior sale Date/Doc No: Sale Price: CompID: 11/17/2005 $2,270, Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 15 Page 4

16 COMPARABLE SALES 6261 PGA Blvd Bank of America - Mirasol Walk Palm Beach Gardens, FL Bank (Neighborhood Center) Building of 5,109 SF Sold on 11/2/ Research Complete (Part of Multi-Property) buyer Publix Super Markets Inc Publix Corporation Pky Lakeland, FL (863) seller TA Realty c/o Bryan Cohen 28 State St Boston, MA (617) vital data Escrow/Contract: - Sale Date: 11/2/2017 Days on Market: - Exchange: No Conditions: - Land Area SF: 55,099 Acres: 1.26 $/SF Land Gross: - Year Built, Age: 2006 Age: 11 Parking Spaces: 40 Parking Ratio: 7.8/1000 SF FAR 0.09 Lot Dimensions: - Frontage: 63 feet on PGA Blvd (with 0... Tenancy: Single Comp ID: Sale Price: - Status: - Building SF: 5,109 SF Price/SF: - Pro Forma Cap Rate: - Actual Cap Rate: - Down Pmnt: - Pct Down: - Doc No: Trans Tax: $164,500 Corner: No Zoning: CG1 No Tenants: 1 Percent Improved: - Submarket: Palm Bch Cty Outlying Map Page: - Parcel No: - Property Type: Retail income expense data Listing Broker HFF 1450 Brickell Ave Miami, FL (305) Danny Finkle, Luis Castillo, Eric Williams Buyer Broker financing prior sale Date/Doc No: Sale Price: CompID: 9/15/2010 $26,700, Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 16 Page 5

17 COMPARABLE SALES 3580 S University Dr Bank of America - University Park Plaza Davie, FL Bank (Neighborhood Center) Building of 3,601 SF Sold on 10/11/ Research Complete (Part of Multi-Property) buyer HCA Management Services L.P. c/o Helen Cook One Park Plz Nashville, TN (615) seller Nova Southeastern University c/o The Brandon Company 3301 College Ave Fort Lauderdale, FL (954) vital data Escrow/Contract: - Sale Date: 10/11/2017 Days on Market: - Exchange: No Conditions: - Land Area SF: 323,816 Acres: 7.43 $/SF Land Gross: - Year Built, Age: 1987 Age: 30 Parking Spaces: 54 Parking Ratio: - FAR 0.01 Lot Dimensions: - Frontage: 112 feet on S University Dr... Tenancy: Single Comp ID: Sale Price: - Status: - Building SF: 3,601 SF Price/SF: - Pro Forma Cap Rate: - Actual Cap Rate: - Down Pmnt: - Pct Down: - Doc No: Trans Tax: $154, Corner: No Zoning: RAC-AV No Tenants: 1 Percent Improved: - Submarket: Plantation Map Page: - Parcel No: - Property Type: Retail income expense data Listing Broker Buyer Broker financing Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 17 Page 7

18 COMPARABLE SALES Trend Report Dollar Volume Legend: Current Survey Sold Transactions Time Interval - Quarterly Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate Report Time Frame: 7/1/2017-4/16/2018 Sold Transactions 5 $7,650,000 34, ,742 $3,825,000 6,928 $ $ , % Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 18 Page 9

19 COMPARABLE SALES Trend Report Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 3Q17 07/1-9/30/17 Sold Transaction 1 $2,900,000 10, ,680 $2,900,000 10,768 $ $ , % 4Q17 10/1-12/31/17 Sold Transaction 4 $4,750,000 23, ,062 $4,750,000 5,968 $ $ , % Copyrighted report licensed to Re/Max 5 Star Realty /16/2018 P. 19 Page 10

20 FT LAUDERDALE, FLORIDA Fort Lauderdale, Florida Incorporated on March 27, 1911, encompassing approximately 36 square miles with an estimated population of 176,747, Fort Lauderdale is the largest of Broward County's 31 municipalities and one of the ten largest cities in Florida. Embraced by the Atlantic Ocean, New River and a myriad of scenic inland waterways, Fort Lauderdale truly lives up to its designation as the "Venice of America." Fort Lauderdale also offers an outstanding quality of life, highlighted by a semitropical climate, rich natural beauty and array of cultural, entertainment and educational amenities. Blessed with over 3,000 hours of sunshine each year and pleasant year-round ocean breezes, world-famous Fort Lauderdale Beach offers premier opportunities for recreation, relaxation and enjoyment. The picturesque Riverwalk serves as the cornerstone of the City's arts, science, cultural and historic district which features the Broward Center for the Performing Arts, Museum of Discovery and Science, Museum of Art and Old Fort Lauderdale Village and Museum. Las Olas Boulevard has gained international acclaim as Fort Lauderdale's centerpiece of fashion, fine dining and entertainment. In addition, the City's downtown area is home to Broward Community College, Florida Atlantic University, Florida International University, the award-winning Broward County Main Library, federal, county and school district offices. P. 20

21 FT LAUDERDALE, FLORIDA An advantageous economic climate is helping the City of Fort Lauderdale establish itself as a world-class international business center and one of the most desirable locations for new, expanding or relocating businesses. Once known strictly as a tourism-based economy, Fort Lauderdale now supports a diverse range of industries, including marine, manufacturing, finance, insurance, real estate, high technology, avionics/aerospace, film and television production. Through the cooperative efforts of residents, businesses and local government, Fort Lauderdale has evolved into a City that offers the best of both worlds - an attractive business environment and an outstanding quality of life. Fort Lauderdale is a great place to live, work and raise a family, and the City looks forward to continuing to build upon its success to meet the challenges of the 21st Century and beyond. Our Location The City of Fort Lauderdale is situated on the southeast coast of Florida, in the eastcentral portion of Broward County, approximately 23 miles north of Miami and 42 P. 21

22 FT LAUDERDALE, FLORIDA miles south of Palm Beach. The City shares boundaries with nine other municipalities, as well as unincorporated areas of the County. Encompassing approximately 36 square miles, Fort Lauderdale is the eighth largest city in Florida and the largest of Broward County s 31 municipalities. Ft Lauderdale International Airport Broward County's Fort Lauderdale-Hollywood International Airport (FLL) and North Perry Airport (NPA), a general aviation airport, form a diverse and dynamic airport system. This airport system serves the needs of 29.2 million passengers and the general aviation community throughout South Florida. FLL is ranked 21st in the U.S. in total passenger traffic and 13th in domestic origin and destination passengers. There are more than 325 departures and 325 arrival flights a day. FLL offers nonstop service to 140 U.S. cities and flights to Canada, Bahamas, Caribbean, Mexico, Latin America, and Europe. FLL averages 640 commercial flights per day on 26 airlines. There are also 100 private flights. Each day an average of 80,000 travelers pass through the four terminals at FLL. P. 22

23 FT LAUDERDALE, FLORIDA Port Everglades Exotic cruise vacations and international trade are what makes Port Everglades an economic powerhouse for Broward County and one of the most diverse seaports in the United States. Located In the heart of Greater Fort Lauderdale and the City of Hollywood, FL, Port Everglades is one of the busiest cruise ports in the world. It is a leading container port in Florida and among the most active cargo ports in the United States. And, Port Everglades is South Florida s main seaport for receiving petroleum products including, gasoline and jet fuel. A foreign-trade zone and available office space inside the Port's secure area make Port Everglades a highly desirable business center for world trade. The Port Everglades Department is a self-supporting Enterprise Fund of Broward County government. It does not rely on local tax dollars for operations or capital improvements. The total value of economic activity at Port Everglades is more than $28 billion. And, 224,054 Florida jobs are impacted by the Port, including 13,322 people who work for companies that provide direct services to Port Everglades. Dynamics Encompassing more than 33 square miles with a population of 165,912, Fort Lauderdale is the county seat of Broward County and the largest city among the county s 31 municipalities. Fort Lauderdale, the seventh largest city in Florida, is centrally located between Miami and Palm Beach. An advantageous economic climate helped the City of Fort Lauderdale establish itself as a world-class international business center and one of the most desirable locations for new, expanding, or relocating businesses. P. 23

24 FT LAUDERDALE, FLORIDA Fort Lauderdale also offers an outstanding quality of life, highlighted by a semitropical climate, rich natural beauty, and an array of cultural, entertainment, and educational amenities. World-famous Fort Lauderdale Beach offers premier opportunities for recreation, relaxation, and enjoyment. The picturesque Riverwalk serves as the cornerstone of the City s arts, science, cultural, and historic district, and features the Broward Center for the Performing Arts, Museum of Discovery and Science, Museum of Art, and Old Fort Lauderdale Village and Museum. Las Olas Boulevard has gained international acclaim as Fort Lauderdale s centerpiece of fashion, fine dining, and entertainment. The City s downtown area is home to many corporate headquarters, government offices, and educational institutions, including Broward Community College, Florida Atlantic University, and Florida International University. Through the cooperative efforts of residents, businesses and local government, Fort Lauderdale has evolved into a City that offers the best of both worlds: an attractive business environment and an outstanding quality of life. Fort Lauderdale is a great place to live, work, and raise a family, and the City looks forward to continuing to build upon its success to meet the challenges of the 21st Century and beyond. As the City moves forward, it will work hard to continue in partnership with its most important asset its citizens to develop the strategies necessary to ensure a safe and secure community; provide quality programs and services; enhance the quality of life; protect the environment; promote smart growth; and, maintain fiscal responsibility. P. 24

25 LOCATION MAP P. 25