What Does the Opening of the Second Councourse at Fort Lauderdale International Airport Mean for Fort Lauderdale Real Estate?

Posted by Michelle Farber Ross on Wednesday, July 15th, 2015 at 8:04am.

For the first time in decades, a brand new concourse opened at Fort Lauderdale International Airport, part of a $450 Million dollar expansion that will be complete in approximately 2 years. The first flight was a Spirit Airlines flight from Myrtle Beach.

The second concourse is Concourse G in Terminal 4 and includes about 34,000 square feet, complete with new restaurants, shops and concessions and duty free shop. The shops and restaurants include Zona Fresca, Desano Pizza and Bakery, Casavana Cuban Cuising and Plane Box Food Co., Hoffman's Chocolate and CNBC Smartshop.

The first phase to be complete is "western" phase of Concourse G and allows for domestic flights. There will be swing gates that will be used for International and Domestic flights. The "eastern" phase is set to be complete by 2018. The new concourse is technologically advanced offering free wi-fi, numerous docking/charging stations and comfortable seating while passengers wait.

This monumental opening affects Fort Lauderdale business in a positive way, allowing more visitors to the area. Seasonal residents, snow-birds, and relocated executives will have more ease in their frequent travel with the new facility. More direct European flights will be added to the FLL itineraries, allowing more real estate buyers to the Fort Lauderdale market.

In the last 3 months, I have closed 4 deals including relocations from Boston and New York. The opening of the new concourse will have a direct positive affect on these new Florida residents, who will find it easier to fly back frequently to their executive offices.

For more information about relocating to the South Florida area, including tax benefits, homestead exemptions, and property values, email Michelle@MMDRealty.com.

It's a great day for Fort Lauderdale Real Estate!

 

Yours truly,

Michelle Farber Ross

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