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

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
Tavistock's Joe Lewis with  Pier Sixty-Six (Super Yacht Fan)
Tavistock’s long-planned Pier Sixty-Six condos hitting the market soon
Tavistock’s long-planned Pier Sixty-Six condos hitting the market soon
RK Centers’ Raanan Katz and Aimco's Wes Powell with the SW corner of Northeast Fifth Avenue and Northeast Ninth Street (LinkedIn, Google Maps)
Aimco completes $100M Flagler Village dev assemblage with latest $16M deal
Aimco completes $100M Flagler Village dev assemblage with latest $16M deal
Keiser University CEO Arthur Keiser in front of 1900 West Commercial Boulevard and 1500 Northwest 49th Street in Fort Lauderdale (Keiser University, Keenan Development Group, Getty Images)
Keiser University sells pair of Fort Lauderdale office properties for $58M
Keiser University sells pair of Fort Lauderdale office properties for $58M
Mark Post, CEO of Newport Beach, Calif.-based Javier’s Cantina with 1601 East Lake Drive in Ft. Lauderdale (Instagram via mark.javierscantina, Joy Triglia)
California restaurateur buys waterfront Fort Lauderdale mansion for $13M
California restaurateur buys waterfront Fort Lauderdale mansion for $13M
845 Northeast Fifth Terrace and two other unaddressed lots in Fort Lauderdale with Aimco's CEO Wes Powell (Google Maps, LinkedIn, Illustration by Priyanka Modi for The Real Deal with Getty)
Aimco adds to Flagler Village dev site set for 3M sf mixed-use project
Aimco adds to Flagler Village dev site set for 3M sf mixed-use project
Midtown's Alejandro Velez and Prospect Real Estate's Michele Zahn, and Richard Zahn Sr. with rendering of Advantis Station (Midtown Capital Partners, Prospect Real Estate Group, Baker Barrios)
Developers score $65M construction loan for Flagler Village apartments
Developers score $65M construction loan for Flagler Village apartments
7070 Northeast Third Avenue, Fort Lauderdale; Asana Partners' Terry Brown, Sam Judd and Jason Tompkins (Felipe Calderon, Asana Partners)
Asana buys office, industrial properties in Fort Lauderdale’s Flagler Village
Asana buys office, industrial properties in Fort Lauderdale’s Flagler Village
1600 Northeast 12th Terrace
Triangle Services pays $17.5M for Fort Lauderdale industrial building
Triangle Services pays $17.5M for Fort Lauderdale industrial building
arrow_forward_ios

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

Loading...