Fort Lauderdale's Bahia Mar Fort Lauderdale Set to Undergo A $2 Billion Renovation!
Last Updated December 17, 2024
Bahia Mar Fort Lauderdale
Bahia Mar is the 40-acre Intracoastal marina that Fort Lauderdale has argued about for a decade — and the argument is over. Related Group, Tate Capital and Rok Acquisitions are executing a $2 billion redevelopment of the city-owned site into a "mini Monaco": a 197-key St. Regis hotel replacing the DoubleTree, two residential towers, 88,000 square feet of commercial space, a public park, and a marina upgraded for megayachts to 350 feet. Groundbreaking is targeted for late 2026...
Fort Lauderdale's Bahia Mar Fort Lauderdale Set to Undergo A $2 Billion Renovation!
Last Updated December 17, 2024
Bahia Mar Fort Lauderdale
Bahia Mar is the 40-acre Intracoastal marina that Fort Lauderdale has argued about for a decade — and the argument is over. Related Group, Tate Capital and Rok Acquisitions are executing a $2 billion redevelopment of the city-owned site into a "mini Monaco": a 197-key St. Regis hotel replacing the DoubleTree, two residential towers, 88,000 square feet of commercial space, a public park, and a marina upgraded for megayachts to 350 feet. Groundbreaking is targeted for late 2026 or early 2027. This is the master plan behind the St. Regis Residences Fort Lauderdale.
Bahia Mar Fort Lauderdale Frequently Asked Questions
❯ What exactly is the Bahia Mar redevelopment?
A $2 billion, city-approved transformation of the 40-acre Bahia Mar marina site on the Intracoastal Waterway. The plan: replace the DoubleTree with a 197-key St. Regis hotel, add two 23-story residential towers (160 private residences plus 79 resort residences), 88,000 square feet of commercial space, a public waterfront park, and a 25-foot promenade. It's the largest single development bet in Fort Lauderdale history.
❯ Who is developing it?
Related Group — Jorge Pérez's firm, known for New York's Hudson Yards — alongside Tate Capital (Jimmy Tate) and Rok Acquisitions (Sergio Rok), in collaboration with Marriott International. The developers have pursued the site for the better part of a decade, navigating city approvals for the public-private redevelopment.
❯ What happens to the DoubleTree hotel?
The existing DoubleTree by Hilton will be demolished and replaced by the 197-key St. Regis hotel. The current plan is the St. Regis flag with its signature butler-service culture and luxury spa.
❯ When does construction start?
Groundbreaking is targeted for late 2026 or early 2027, with 45–50% residential presales targeted before vertical construction. The on-site sales gallery opened in June 2025, and co-developer Jimmy Tate calls sales "very brisk." Full buildout is estimated around 2029–2030.
❯ What residences are part of the plan?
Two 23-story Arquitectonica towers with 160 private residences (2,600–3,550 sq ft) plus 79 resort residences — fully finished and furnished homes atop the hotel. See our St. Regis Residences Fort Lauderdale page for pricing, floor plans, and the private-vs.-resort breakdown.
❯ What about the marina and the boat show?
The marina is central: 250 slips for megayachts up to 350 feet, a 25-foot promenade, and waterfront restaurants with boat docking. Bahia Mar hosts the Fort Lauderdale International Boat Show — the world's largest in-water boat show — and the redevelopment cements that identity.
Key Facts
- Site: Bahia Mar marina, ~40 acres on the Intracoastal Waterway
- Investment: $2 billion redevelopment
- Developers: Related Group, Tate Capital & Rok Acquisitions (with Marriott International)
- Hotel: 197-key St. Regis (replacing the DoubleTree)
- Residential: Two 23-story towers — 160 private + 79 resort residences
- Commercial: 88,000 sq ft waterfront retail & dining
- Public realm: Waterfront park + 25-ft promenade
- Marina: 250 slips, megayachts to 350 ft; home of FLIBS
- Timeline: Groundbreaking targeted late 2026/early 2027; completion est. 2029–2030
The Master Plan: A Mini Monaco
The "mini Monaco" label is the developers' shorthand for the ambition: a working superyacht marina wrapped in luxury hospitality, branded residences, and public waterfront — the Mediterranean formula transplanted to the Intracoastal. The park, the promenade, and the commercial space are what make a private development function as a civic asset. For the city, it's the payoff of a decade of planning debates; for buyers, a transformed waterfront district.
The Residential Component
The towers are the financial engine of the plan — and the part most buyers will interact with. Arquitectonica's two 23-story buildings step back from the water with glass terraces facing the Atlantic, Intracoastal, and skyline. With presales described as brisk, the residential sell-through will determine how fast the cranes arrive. Our St. Regis Residences Fort Lauderdale page tracks the offering in detail.
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