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CRA board approves minutes and amended development agreement for Aldridge & Larimore project

November 05, 2025 | Fort Lauderdale, Broward County, Florida


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CRA board approves minutes and amended development agreement for Aldridge & Larimore project
The Fort Lauderdale Community Redevelopment Agency (CRA) convened in a short session during the Nov. 4 conference meeting and approved two routine items.

The CRA board voted to approve the minutes from the Oct. 7, 2025 CRA board meeting. The board then considered and approved a resolution that amends prior CRA resolutions and approves an amended and restated development agreement for the Aldridge and Larimore mixed‑use project, along with related ground‑lease and grant documents and lender recognition items.

The actions were passed by roll‑call vote; board members recorded affirmative votes for both the minutes and the resolution. Staff will proceed with execution of the approved documents according to the CRA’s authorization.

Why this matters: The amendment and restatement of the development agreement authorizes the CRA to proceed with the contractual and financing arrangements tied to the Aldridge & Larimore redevelopment within CRA boundaries.

Next steps: CRA staff will finalize documentation and execute the ground lease, declaration of restrictions and related agreements approved by the board.

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