December 19, 2014
Downtown Miami Holiday Inn To Give Way To 77-Story Tower
Marina Park Inn Co. and Hotel Sofitel have proposed redeveloping the Holiday Inn in downtown Miami site as a 77-story tower.
Spanning 953 feet tall, the tower would have 400 residential units, 100 hotel rooms, 246,529 square feet of office space and 62,740 square feet of commercial/retail space. It would include 516 parking spaces.
The site, located at 340 Biscayne Blvd., across the street from Bayside Marketplace, currently has a 10-story, 200-room hotel built in 1950.
It last traded for $6.8 million in 1996.