W Hotels Worldwide, Related Companies and the Related Group released new renderings of the joint venture’s renovation of the W Fort Lauderdale.
Meyer Davis is redesigning the property’s 147 condos, oceanfront pool area and the hotel lobby. It’s slated for completion in late 2016.
Related Companies purchased the W Fort Lauderdale in July 2014 for $90 million. The development, first built in 2009, consists of two buildings: a 517-room hotel and a separate 171-unit condo-hotel tower. Under its previous owner, the project’s condo sales reached 21 of 171 by 2012.
The Related Group and Related ISG will lead sales for the remaining 147 units. Units range from 800 square feet to 1,500 square feet, with prices starting in the low $500,000s. – Katherine Kallergis