They are planning on building a condo hotel there which will feature retail on the ground floor. Plans haven’t been released yet or the brand of the hotel. This will be just the 2nd hotel on Las Olas, breaking the Riverside Hotel’s long running monopoly there. It is expected to have facilities to accommodate business and leisure travelers. Kolter currently operates 4 other hotels in South Florida. This is great news for Downtown Ft. Lauderdale and truly long overdue. The location is fantastic, allowing guests to walk to businesses, restaurants and entertainment. I can’t wait to see what they come up with here, and I guaranty it will be successful whatever it is. It has been a long time but Ft. Lauderdale is finally growing up after all these years.
That said, there is a lot more to come once they figure out what will become of the Riverfront site. Very exciting stuff indeed. As always thanks for reading and have a great day.
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