The Real Deal Miami

Hotel developer purchases Brickell land

November 05, 2008 06:28PM

Developer Chiman Patel of HP Hotels purchased a 22,770-square-foot parcel of land at 1001 SW First Avenue near Brickell Avenue in Miami. The developer paid $6.27 million, or about $275 per square foot, for the site, on which it plans to build a 250-room hotel.