Broward County Convention Centre’s work postponed due to pandemic

 Monday, August 31, 2020 

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Pandemic leads to indefinite postponement for Broward County Convention Centre’s work according to a recent memo from the Public Resources Advisory Group to Broward County officials that stated that a part of the construction of the expansive project is now on hold indefinitely due to the Covid-19 pandemic.

Due to the growing uncertainties the Broward County Convention Centre’s $900 million renovation is paused indefinitely.  At present the county is looking for a support of $279.2 million loan to clear all project debts and give time to stabilize the economy.

The renovations construction project involved 350,000 square feet of exhibition space, along with an area of 132,000 square feet of ballroom space and an 800-room headquarters hotel. Builders initiated the work in May 2019.

Assistant County Administrator Alan Cohen remarked that expansion of the western part of the convention centre began and is expected to be completed in October 2021. But, the eastern part along with the additional headquarters hotel is on hold indefinitely due to the pandemic. And the county also needs an additional fund for the projects, unfortunately, the virus infection at present has affected the market economy and this has affected the project pace since the financing market for hospitality projects is not favourable at the moment.

Cohen added further that it is yet unknown that for how long the project will remain on hold and this will affect the original project plan which was slated to be completed in 2023. The County is coming up with innovative financial plans to survive.

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