WLRN: Downtown Fort Lauderdale is a ‘real powerhouse’ of economic growth, says new report

Walter Duke + PartnersFlorida Real Estate

Downtown Fort Lauderdale has a bigger economic footprint than either the nearby international airport or busy cruise and cargo port.

“It’s a real powerhouse you know, packed in a 2.2 square mile site,” said Walter Duke, president of his own commercial real estate valuation firm.

Duke led a study of the economic impact of downtown Fort Lauderdale conducted for the area’s downtown development authority.

The 2025 study pegs the neighborhood’s total economic impact at $43 billion a year. That represents a 44% jump from the first report in 2019, the year before the COVID-19 pandemic.

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