Area Development
AutoNation reported company officials approved a long-term commitment to keep its headquarters and continue to grow at its 204,000 square foot, 16-story Class-A office tower, located at 200 SW 1st Avenue in downtown Fort Lauderdale, Florida.

CEO & President Mike Jackson said, “We see our commitment as a huge ‘win-win’ for all of Fort Lauderdale - AutoNation’s Headquarters is in the heart of the redevelopment of the Riverwalk area, which has been thoughtfully planned to build Fort Lauderdale into a model city of the future where even more residents can live, work and play.”

Jackson said the company plans to add jobs at the headquarters in the coming years.

The company renewed and expanded its agreement with Stiles Corporation with a 12-year lease with an eight-year option, according to Greater Fort Lauderdale Alliance.

“AutoNation is one of the most dynamic, community-mindful companies in South Florida, and we’re very proud to have them remain in our city and flagship Class-A building for another 12 years,” said Doug Eagon, Vice Chairman of Stiles.

“The AutoNation Building is the last office project to be developed in the Las Olas corridor and represents an era of growth and great vitality for our city and the companies that have helped to shape its progress. This transaction not only reflects the strength of the Class-A office market in downtown, but also the continued commitment of everyone involved in this transaction to the City of Fort Lauderdale,” he said.

Bob Swindell, President & CEO of the Greater Fort Lauderdale Alliance, said, “AutoNation, a Fortune 100 company, is a vital part of the economic and social fabric of the Greater Fort Lauderdale community, providing internship programs, a broad scope of employment opportunities and support for local cultural and educational institutions.”

“We are proud to have AutoNation as our City’s flagship corporation,” said Fort Lauderdale Mayor John P. “Jack” Seiler. Their significant long-term investment in Fort Lauderdale is a reflection of our City’s strong economy, robust business climate, and outstanding quality of life.”