Developers break ground for dual-branded Hilton hotel in Fort Lauderdale

Merrimac Ventures and Driftwood Acquisitions & Development are developing the 218-room hotel under the brands Tru by Hilton and Home2 Suites

Jun.June 10, 2018 09:25 AM
Dev Motwani

Dev Motwani

The developers of a dual-branded Hilton hotel in the Flagler Village area near downtown Fort Lauderdale broke ground for construction of the 218-room property.

Merrimac Ventures and Driftwood Acquisitions & Development expect construction of the hotel at 315 Northwest First Avenue to conclude in 2020.

The 19-story hotel will operate under the brands Tru by Hilton and Home2 Suites by Hilton.

The hotel will have 112 rooms under the Tru brand and 106 extended-stay rooms under the Home2 Suites brand. The brands will have separate lobbies in the same building.

North Palm Beach-based Driftwood Hospitality Management will manage the dual-branded hotel.

The $50 million development “will further activate Flagler Village,” Dev Motwani, president and chief executive officer of Merrimac Ventures, told the South Florida Business Journal.

A partnership led by Motwani acquired the development site on Northwest First Avenue in January 2016 for $1.9 million. [South Florida Business Journal] – Mike Seemuth

Related Article


Former Miami mayor Maurice Ferré dies, banks seek to revise Adam Neumann’s credit line: Daily digest

Jeffrey Soffer taps ex-Turnberry CEO to lead resi division, PMG and Greybrook big loan for co-living tower: Daily digest

Greg Pinkalla and ORA Flagler Village Apartments (Credit: Google Maps)

Fairfield Residential sells new Flagler Village apartments for $92M

Clockwise from left: Jason Hochman, Dominic Montazemi, Miguel Alcivar, Michael Ciadella, and Scott O’Donnell with 2601 Building

Netz USA sells Fort Lauderdale office building to NAI/Merin fund

Douglas K. Mandel, Elon D. Gerberg, Howard Bregman and Joseph Granteed

Elysee Investments scores Fort Lauderdale retail center for $16M

Julie Jones-Bernard and 19 Isla Bahia Drive (Credit: Pintrest)

SoFla insurance magnate sells waterfront Fort Lauderdale home for $8M

$634M public-private partnership proposed in Dania Beach, buyer at luxury condo project in Pompano Beach sues developer: Daily digest

2506 Barcelona Drive, Michelle Esposito of Douglas Elliman, Tim Elmes of Coldwell Banker

Troubled timeshare exit firm’s execs sell Fort Lauderdale spec home