The City of Lauderdale Lakes continued to develop strategies to strengthen its economic condition by focusing on the development of existing businesses. The business community is comprised of a diverse business sector that characterized it and make it distinctive and eclectic.
The City of Lauderdale Lakes is experiencing significant growth in property values compared to neighboring cities throughout the County. More commercial properties have been acquired along with the new residential developments planned and in construction phases. Among other things, Lauderdale Lakes has numerous advantages for retail development, including land availability (shopping center redevelopment opportunities and vacant land), strong regional accessibility both North/South and East/West, increasing housing demand, and an approved strategic plan for growth and reinvestment that includes financial incentive packages.
The Lauderdale Lakes Community Redevelopment Agency, under the auspices of the City of Lauderdale Lakes, offers incentives for new development and redevelopment opportunities in designated areas.
The City of Lauderdale Lakes Staff under the leadership of the Mayor and Commissioners are committed to foster a diverse business community, increase the tax base, and improve the quality of life of residents of business.