Blue Road got approval on Tuesday from the Miami Beach Historic Preservation Board for the partial demolition, renovation and restoration of the Sadigo Court Hotel, one of the rare examples of Colonial Revival-style of architecture in Miami Beach.
The aging structure, which was originally built as an apartment building in 1936, is located at 334 20th Street near the Crest Hotel Suites, which is back-to-back with Blue Road’s Greenview Hotel at 1671 Washington Avenue. Blue Road paid $24 million to acquire the Crest Hotel Suites at 1670 James Avenue last week.
The board approved four variances that will allow a one-story rooftop addition and the construction of a five-story ground level addition at the Sadigo. In August, historic preservation board members expressed concerns over rooftop mechanical plans, a rooftop pool deck, as well as the five-story addition.
New design plans submitted by architect Kobi Karp largely addressed the board’s concerns with the addition of an 8-foot setback for the rooftop pool deck and more detailed plans for the mechanical equipment, as well as the addition and interior courtyard balconies.
Board members also signed off on a variance allowing hotel room size to shrink to below 300 feet, which is zoned for the area. The average room size when the newly renovated hotel opens in about two and a half years will be 294 feet.
Marcelo Tenenbaum, along with Blue Road partner Jorge Savloff, now have a total of 10 boutique style hotels on Miami Beach.
The Sadigo “will be an important piece of our growing hotel collection,” Tenenbaum told The Real Deal, and it aims to target Europeans, Latin Americans and U.S. tourists who are looking for a reasonably priced quality boutique hotel, he said.
The company also owns and operates such boutique hotels as the Berkeley, Aqua, Ocean Reef Suites, Riviere Hotel, Waldorf and Lorraine Hotel in Miami Beach.
Savloff and Tenenbaum are both natives of Argentina, whose families have worked together as partners for decades. The two moved to Miami and formed Blue Road about 20 years ago, they said. They are currently developing the Highlands, a condo project in North Miami Beach and the Palms in Bay Harbor Islands.