Tate Capital, Rok Enterprises, and Related Group Announce Joint Venture for Bahia Mar Redevelopment

 

Fort Lauderdale’s waterfront is set to undergo a stunning transformation as Tate Capital, Rok Enterprises Inc., and Related Group join forces to redevelop the Bahia Mar mixed-use complex. The ambitious project aims to revitalize an underutilized area into a vibrant destination, focusing on accommodating the renowned Fort Lauderdale International Boat Show.

 

The reimagined Bahia Mar will feature diverse offerings, including high-end residential and hospitality units, commercial and entertainment spaces, a luxurious branded hotel and resort, and 350 residential units spread across four towers. Emphasizing the area’s waterfront appeal, the complex will boast a mega yacht marina, waterfront boardwalk, and public green space.

 

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To enhance the culinary scene, Native Realty has successfully leased five spaces in Marina Village, the waterfront food hall and entertainment venue within the Bahia Mar resort. Set to open in the fourth quarter of 2023, these hand-picked and curated concepts promise to deliver an elevated dining experience for locals and visitors alike. The tenants, including Blue Steel Pizza, Burgers and Shakes, Fresh Garden Bowls, Quore Gelato, and Yip, will offer a delightful variety of culinary options. Marina Village will also provide Seating and lounge areas, A floating ferry with additional Seating and a DJ booth, Further enhancing the overall ambiance.

 

Having recently received final approvals from the Fort Lauderdale City Commission, the Bahia Mar redevelopment, valued at $1 billion, is ready to move forward. The development group comprises Jimmy and Kenny Tate, Sergio Rok, and the Related Group’s new chapter for Fort Lauderdale’s Bahia Mar. With its luxurious amenities, stunning waterfront location, and diverse offerings, the redeveloped complex aims to become an iconic destination, drawing visitors and locals alike to experience the best Fort Lauderdale offers.

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