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Hotels

25
Mar

Construction of Largest Hotel Structure in South Florida Completed

Although the 287-room JW Marriott Marquis Miami hotel opened in November 2010, construction of the entire related downtown multi-million-dollar project wasn’t officially completed until last week, according to Boston-based Suffolk Construction Co.

In a prepared statement, Suffolk calls the project a milestone for the company’s portfolio of completed works in Florida.  Suffolk’s Southeast office is in West Palm Beach, FL.

However, construction industry sources familiar with comparable luxury lodging projects say the hotel’s 257 rooms, 56 suites, 32 meeting rooms; 80,000 sq ft of total meeting space and other related facilities on the 41 floors probably came in at about $500,000 per room or an estimated total of $143 million.

The construction cost of the entire Wells Fargo Center enclave approaches $1 billion, according to estimates from various construction industry sources.

The JW Marriott Marquis Miami boast of having the largest ballroom space in downtown Miami, at 20,000 square feet.

The proximity to the Miami financial district combined with the variety of meeting space “makes the JW Marriott Marquis Miami an excellent option for a larger or more intimate group,” according to a previously published statement from Marriott International.

Located at 345 Avenue of the Americas, the JW Marriott Marquis Miami and the Hotel Beaux Arts are at the center of the new Met Miami entertainment and lifestyle complex, which is close to the financial district and American Airlines Arena – home of the Miami Heat, and a short drive from South Beach.

 

 

Article Source: http://www.worldpropertychannel.com/us-markets/vacation-leisure-real-estate-1/jw-marriott-marquis-miami-suffolk-construction-marriott-international-inc-chris-kennedy-scott-prince-miami-luxury-hotels-hotel-beaux-arts-wells-fargo-center-3926.php

Category : Hotels | Hotels For Sale Miami Florida | Miami Properties | Blog
21
Apr

Miami and Miami Beach Hotels for Sale – JUST LISTED and “OFF MARKET”

NYC and Miami Beach Condos and South Beach Condos
The area’s rebirth into a period of luxury condo Manhattan real estate development has catapulted it to the upper echelon of Florida real estate and nearly every brand of luxury consumerism and all-out hedonism: the party scene, the celebrity scene, the entertainment scene, simply THE most enchanting place to see and be seen!

With the overall value of NYC and Miami Florida condominiums accelerating at a rate of nearly 100 percent over three years, those with serious money seem to crave and clamor most for luxury condo real estate.

Miami Beach real estate investment options include pre-construction condos and condo-hotels, such as the St. Regis Resort & Residences in Bal Harbour. These opportunities have attracted a national and international audience of buyers and sellers.

Some NYC and Florida condo-hotel owners like the possibility of reducing carrying costs, while still enjoying all the privileges of the finest living in superior properties. Pre-construction condo investors like the idea of leveraging 100 percent of Miami Beach condos or South Beach condos for only 20 percent of their value. They can avoid holding costs and still benefit from the equity in their New York City or Miami Florida real estate.

Today, luxury NYC and Miami Beach condo real estate like some Miami Beach is setting benchmarks and raising bars when it comes to mega-glamorous, sophisticated living.

The most prolific NYC developers, renowned architects, and hippest designers are making their mark on this five-star-plus lifestyle that continually pushes the highest measure of grandeur, extravagance, and over-the-top opulence in condos.

With current listed real estate, the wildly unimaginable and rarely attainable is a seductive reality — every day. We can help you find Miami Beach condos and South Beach condos with your name on them.

Miami Hotels for Sale

Miami is home to plenty of investment opportunities.

From small office spaces to industrial warehouses, the thriving commercial real estate of the city is centrally one of the most important economies in South Florida.

Miami hotels for sale as well as those located in Miami Beach are exceptionally located to provide investors with the most profitable opportunities.

You cannot go wrong with these properties, and the hospitality and travel industry will always be one of the most beneficial ventures you could choose.

OFF Market Hotels, JUST Listed Properties, Miami Distressed Hotels, Hotels For Sale Florida, Miami Beach 4 Star Hotels For Sale

Miami Luxury Condos

Tips in Choosing the Right One

Buying a real estate property shouldn’t be taken lightly. It entails plenty of crucial details right from the get-go.

The common mistake homeowners make when shopping for Miami luxury condos is the failure to consider all the details – this can be pretty costly in the long run. From choosing the right building to inspecting the on-site amenities, buying the right condo unit can be difficult.

Fortunately, the following tips can help make it easier.

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Category : Commercial Properties | Hotels | Blog