Community resistance may keep Broward hotel from crossing street to touch the beach

TLG Investment Partners and another firm proposed a 207-room hotel in Lauderdale-by-the-Sea that would extend across El Mar Drive to the beach

TRD MIAMI /
Jun.June 30, 2019 01:05 PM

Rendering of proposed hotel in Lauderdale-by-the-Sea (Credit: Sun-Sentinel)

Resistance from town residents may lead developers to redesign a proposed 207-room hotel that would close part of an existing street along the beach in Lauderdale-by-the-Sea.

Many in an audience of about 100 people criticized the proposal last week at a Town Hall workshop because the developers want to build the hotel on part of El Mar Drive, which is parallel to, and east of, State Road A1A.

The developers, Fort Lauderdale-based TLG Investment Partners LLC and Marietta, Georgia-based Concord Wilshire Capital LLC, proposed closing the southern end of El Mar Drive so their planned hotel could extend from A1A to the beach.

But Elliot Sokolow, the vice mayor of Lauderdale-by-the-Sea, said many residents oppose the proposed closure of the southern end of El Mar Drive, which provides access to homes and lodging.

Sokolow also told the Sun-Sentinel that the planned hotel “would be a great addition to our southern border” and that Concord Wilshire is a “credible developer with a great track record.” Nate Sirang, president of Concord Wilshire, did not respond to phone messages.

A joint venture of Concord Wilshire and TLG signed a contract in February to acquire the hotel development site: A former Holiday Inn at 4116 Ocean Drive and 4108 and 4110 El Mar Drive, the former location of a now-demolished hotel known as Villa Caprice. The owner of the property is Florida Development Group South. [Sun-Sentinel]Mike Seemuth


Related Articles

arrow_forward_ios
Founder and CEO of IT'SUGAR Jeff Rubin, and BBX CEO Alan Levan (Credit: Denise Truscello/Getty Images)

It’Sugar files for bankruptcy protection after sales sour

It’Sugar files for bankruptcy protection after sales sour
Peter Vauthy and Red South Beach (Getty)

The Weekly Dish: Red South Beach signs $5M lease for new space & more

The Weekly Dish: Red South Beach signs $5M lease for new space & more
2701 Jockey Circle in Davie, FL (Google Maps, iStock)

Leaked bank documents show South Florida real estate’s alleged ties to money laundering

Leaked bank documents show South Florida real estate’s alleged ties to money laundering
827 South SR 7, Fort Lauderdale & 1200 South Congress Ave, West Palm Beach (Credit: Google Maps)

Off Lease Only sells two South Florida locations for $50M

Off Lease Only sells two South Florida locations for $50M
Grant Cardone and 3300 Port Royale Drive North, Fort Lauderdale (Credit: Google Maps)

Grant Cardone nabs waterfront Fort Lauderdale apartment complex

Grant Cardone nabs waterfront Fort Lauderdale apartment complex
Kenneth Stiles and a rendering of Novo Las Olas

Preleasing begins at Novo Las Olas in downtown Fort Lauderdale

Preleasing begins at Novo Las Olas in downtown Fort Lauderdale
2325 Desota Drive in Fort Lauderdale and Bryan T. Rich (Realtor, Linkedin)

Software CEO buys waterfront Fort Lauderdale home for $6M

Software CEO buys waterfront Fort Lauderdale home for $6M
450 Northeast Fifth Street (Credit: Google Maps)

Jenco Properties pays $68M for Flagler Village apartments

Jenco Properties pays $68M for Flagler Village apartments
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...