US: Miami-based investment company Spider will develop a 44-key hotel on land it acquired last year in North Beach.
In July, Harding Excalibur LLC, an entity controlled by Spider principal Andres Goldenberg, paid $5 million for the 22,000-square-foot plot at 8011, 8017, 8021 and 8035 Harding Avenue. Now, the company plans to develop "a modern, five-storey boutique hotel aimed at millennials" to the North Beach neighborhood of Miami Beach.
Behar Font & Partners designed the 27,500-square-foot project, which will include an open lobby with multifunctional spaces, a breakfast area, and a rooftop sun deck with a pool.
"We only see very high-end or low budget hotels with very standard proposals in the area," said Goldenberg.
Source: by George Sell | Boutique Hotel News