The Real Deal Miami

Wyndham hotel in Miami Springs scores construction loan, breaks ground

The 10-story Wyndham Garden hotel will feature 150 units
By Amanda Rabines | November 29, 2017 05:45PM

(Credit: Getty Images)

A new Wyndham hotel will be built in Miami Springs, according to a notice of commencement filed with Miami-Dade County.

Property records show entity Sucre LLC, led by Salvatore Natoli, scored $17.7 million in construction financing to build a 10-story, 150-key Wyndham Garden hotel at 4849 and 4909 Northwest 36th Street. The lender was Centennial Bank. Modis Architects will be designing the hotel.

In 2015 the developer paid $5.35 million for the 2.2-acre site. Miami Springs city leaders approved plans to build the Wyndham Garden Hotel last year. It’s being built on the former site of an old Pilot House bar, which closed nearly a decade ago. The site currently holds some retail space, including a Subway.

The lot at 4909 Northwest 36th Street (Credit: Google Maps)

Wyndham Hotel Group has a global portfolio consisting of 18 brands and more than 8,100 hotels and 705,700 rooms, according to its website. In 2016 it generated $1.3 billion in revenue.

Other hotels that have sprouted near the airport and in Doral include Riviera Point Development Group’s Radisson Red hotel at at 3450 Northwest 25th Street. In March, Baywood Hotels closed on a $15.4 million construction loan for a hotel it’s building near the Trump National Doral Miami resort.