Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast  + South Florida  + Apartments  | 
Condra to raze Hollywood block for 18-story high-rise

Low-Rise Hotels to be Razed for Hollywood High-Rise

The Condra Group hopes to demolish a block and a half of Hollywood low-rise hotels to make way for an 18-story mixed-use project. The group hopes to take advantage of a new state law which will allow the developer to build taller buildings in exchange for including affordable housing in the mix.

Located along the cityโ€™s famed boardwalk along the beach, the property currently has 123 hotel rooms, including the Neptune Hollywood Beach Hotel, the Hollywood Beach Seaside, and the Casa Pellegrino Boutique Hotel. The developer has it under contract from various owners.

The project would total 628,191 square feet with a residential building of 18 stories at the corner of Ocean Boulevard and Oklahoma Street, an eight-story parking garage with some retail on the ground floor to the north across McKinley Street, and a two-story beach club with restaurants and a rooftop pool on Surf Road.

Connect

Inside The Story

Hollywood, Florida

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition
  • ◦Development
New call-to-action
New call-to-action
New call-to-action