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Coral Springs Realtor Ed Poirier

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Lauderdale Lakes real estate

Just call it Home of the House of Worship.
With 22 churches in a city with an area of four square miles, elected officials are struggling to improve the tax base. Compounding their dilemma is an exorbitant number of condominium dwellers who pay little, if any, property taxes after claiming the $25,000 homestead exemption.
The city is trying to take advantage of its location, namely the intersection of State Road 7 and Oakland Park Boulevard - one of the busiest in Broward County.
Officials are considering offering incentives to keep businesses in the city and hiring an economic development director. They also are grappling with changing demographics.
Once primarily populated by retirees, Lauderdale Lakes is home to many families with children. Those children are placing a burden on the city's limited recreation facilities. The city has 31,742 residents.
Residents have implemented "Community Center 2000," a plan to raise money to construct a modern, roomy structure for the young and old. So limited are the city's funds, that it has not pledged any money to the project, although officials endorse the plan. Seeking bond issues here has been discouraged.

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