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Ft Lauderdale Return to Office 2 men walking

Fort Lauderdale's Central Business District (CBD) Return to Office

12/16/2024
Download and explore the latest insights into the revitalization of Fort Lauderdale's Central Business District (CBD) office market, powered by Placer.AI data. This report explores the submarket's post-pandemic recovery, analyzing weekday visitation trends, year-over-year growth, and the key factors driving Downtown Fort Lauderdale’s competitive edge in a hybrid work era. 

KEY TAKEAWAYS


Placer.AI’s mobile device data recorded 112,432 office building visits in Fort Lauderdale’s Central Business District (CBD) during October 2024, marking a 90.7% recovery from February 2020’s baseline. 

Monthly office visits along Downtown Fort Lauderdale’s two main corridors, Las Olas and Broward Blvd, totaled 58,796 and 34,222 respectively, reflecting a recovery of 88.1% and 74.4% compared to pre-pandemic levels. 

Third quarter 2024 weekday visit average was highest on Tuesdays, yielding a 77.9% recovery from the baseline. Fridays recorded the lowest average visits, recovering just 58.1% from February 2020. 

Average monthly visitation in 2024 was 109,200, up 65.0% from averages recorded in 2021. 

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Return to Office Fort Lauderdale REport

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Fort Lauderdale Landscape
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​​The In-Office Edge​

In today's hybrid work environment, the office is more than just a physical space—it’s a resource for connection, learning, development, and culture. As a real estate company, we understand that the office must now support people and organizations in meaningful ways, whether they visit frequently or occasionally.
Marissa Huber • 11/29/2024

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