Valls family wants to build a hotel near Versailles Restaurant

Plans call for an 8-story, 125-key hotel in Little Havana

Sep.September 25, 2018 10:30 AM

3663 Southwest Eighth Avenue and Felipe Valls Jr. (Credit: Miami-Dade College)

The owners of the popular Versailles Restaurant in Little Havana are looking to convert an old office condo building nearby into a 125-room hotel.

Tamiami Properties Inc., led by Felipe Valls Jr., his daughter, Nicole Valls, and his sister, Jeannette Valls-Edwards, just filed a building permit to allow for the construction of an 8-story, 148,000-square-foot hotel at 3663 Southwest Eighth Avenue. The project is estimated to cost about $26 million.

The property currently houses a 26,520-square-foot office condo building, where the family maintains an office on its third floor.

In addition to their Cuban cuisine restaurants, including La Carreta and Casa Juancho, the Valls family also owns a number of real estate assets. Earlier this year, a company led by Felipe Jr. sold two shopping centers in Northwest Miami-Dade for $16 million.

The site for the planned hotel is just one block west of Versailles, which for decades has been owned and operated by the Valls family. Through the years, the restaurant has become a gathering spot for exiled Cubans and tourists. Many political figures also have held photo-ops at Versailles, including Rick Scott and President Trump during his 2016 presidential campaign.

Nicole Valls was not immediately available to comment.

Related Article

From left: Jay Roberts, Keith Menin andRussell Galbut

Russell Galbut, Keith Menin ink deal with short-term rental operator Domio

Rendering of the Moxy Hotel, Pierre Charalambides and David Grutman (Credit: Kobi Karp)

Wynwood is getting its own Moxy hotel

Clockwise from left: 401 Southwest 17th Avenue, Alfonso Jaramillo, and Andros Sarduy 

Beraja family picks up Little Havana apartments

Regency Hotel Miami (Credit: Google Maps)

Regency Miami near Beckham’s planned soccer complex trades for $26M

An aerial view of damage caused by Hurricane Dorian (Credit: Getty Images)

Tourism-dependent Bahamas sees uphill battle to rebuild hotels after Hurricane Dorian’s devastation

6747 Collins Avenue, Stefano Santoro, Miguel Pinto, Charlie Porchetto and Diego Colmenero

China City Construction site in North Beach sells to hotel developer for $40M

Rendering of the Brickell hotel development, Tony Cho and Robert Finvarb

Finvarb and Cho land construction loan for mixed-use hotel near Brickell City Centre

Daniel Lebensohn and Seabonay Beach Resort (Credit: iStock)

Seabonay Beach Resort federal lawsuit ends in $3.5M verdict