A hotel development site on Fort Lauderdale beach has been picked up by Miami-based Key International in a $9.56 million deal. The 0.71-acre site has already undergone demolition of the multifamily structures on the land. The site was approved in 2015 by the city of Fort Lauderdale for a 10-story, 175-room AC Marriott hotel on the site directly across from the beach and the Casablanca Café. Dan Teixeira, VP of business development at Douglas Elliman Florida, was responsible for brokering the deal.
“I am thrilled that Key International will now have a presence in Fort Lauderdale,” said Dan Teixeira, Douglas Elliman Florida. “The ultra-luxurious caliber of their Nobu Hotel at Eden Roc in Miami lends me to believe this new project will be stunning and an important addition to the burgeoning Fort Lauderdale luxury hotel market.”
