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Miami-based firm tops off St. Augustine Beach hotel
Key International expects to open the 175-room Embassy Suites property early next year
Miami-based real estate developer and investor Key International announced that crews topped off the first phase of construction of its Embassy Suites by Hilton hotel in St. Augustine Beach.
The 175-room resort, scheduled for delivery in the first quarter of 2018, will be one of only five hotels in the Embassy Suites group with a beachfront location.
The 6.5-acre construction site stretching from State Road A1A to the Atlantic Ocean has 535 feet of ocean frontage. Its location next to Anastasia State Park will prevent development just north of the hotel, preserving views of the beach from the lobby, outdoor terrace and ballroom windows.
Key International acquired the beachfront property in 2015 for $4 million.
Each of the 175 rooms will have a separate living area, private bedroom and wet bar plus two high-definition, flat-screen TVs. Common-area amenities will include a swimming pool, poolside bar, fitness center and direct beach access.
The second phase of the hotel’s development will increase the number of rooms to at least 265.
Key International has an agreement with Atlanta-based Hospitality Ventures Management Group to manage the St. Augustine Beach hotel.
J. Banks Design is the development’s interior designer and PFVS Architecture the architect.