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CRA approves $1 million forgivable loan for Nexus LiveWork at 2219 Sistrunk Blvd.
Summary
The Fort Lauderdale Community Redevelopment Agency board on April 1 approved a $1,000,000 forgivable loan under its development incentive program to Wright Consulting LLC for the Nexus LiveWork mixed‑use project; the board voted unanimously.
The Fort Lauderdale Community Redevelopment Agency (CRA) board voted unanimously April 1 to approve a $1,000,000 forgivable loan to Wright Consulting LLC for the Nexus LiveWork mixed‑use development at 2219 Sistrunk Boulevard.
The resolution authorizing the incentive specifies the amount as a forgivable loan under the CRA’s development incentive program and delegates authority to the CRA executive director to execute related documents. The CRA meeting record shows a roll‑call approval: Commissioner Herbst, Vice Chair Glassman, Commissioner Beasley Pittman, Commissioner Sorensen and Chair Trentales each voted yes.
The board had earlier approved routine minutes for its March 18, 2025 meeting before taking the development incentive vote.
Ending: With the vote approved, staff may proceed with documentation under the development incentive program and execute the instruments authorized by the resolution, subject to the agreement terms.
