Conrad Fort Lauderdale

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The Ocean Resort Residences at the Conrad Fort Lauderdale Beach Hotel
General information
Status Under construction
Type residential, hotel
Location Fort Lauderdale, Florida
Coordinates 26°07′50″N 80°06′13″W / 26.130666°N 80.103496°W / 26.130666; -80.103496Coordinates: 26°07′50″N 80°06′13″W / 26.130666°N 80.103496°W / 26.130666; -80.103496
Construction started 2014
Opening 2016
Technical details
Floor count 24
Design and construction
Developer Orchestra Hotels and Resorts
Main contractor Moss Associates

The Ocean Resort and Residences at the Conrad Fort Lauderdale Beach Hotel is a luxury condominium-hotel resort located on gorgeous ocean-front property on Fort Lauderdale Beach Blvd. Originally designed by Michael Graves as Trump International Hotel & Tower Fort Lauderdale, the building is advertising 290 units [1] consisting of 108 luxury condominium residences and 181 condominium hotel units,[2] which will be managed by Conrad, Hilton Worldwide's luxury brand.[3] The Fort Lauderdale resort will also feature a 4,000-square-foot spa and fitness center; 20,000 square feet of meeting space and four dining options, including a northern Mediterranean restaurant. An elevated pool area will feature cabanas, a bar area and a Sky Beach filled with Caribbean pink sand.[4] Hospitality interior designer, Julia Chi of Interiors by Steven G. was appointed to maximize the design of the property by carrying the luxury ocean cruise liner concept into every area.[5]

The current owner, CFLB Partnership, LLC, purchased the property and the unfinished building in December 2013 after it went into foreclosure during the last economic recession. Since the purchase, the current developer, Orchestra Hotels and Resorts, has completely renovated the interior and is finishing the construction of the added components.

The hotel is planned to open in 2016 as Conrad Fort Lauderdale Beach[6] and the condominium unit sales are well underway.

History[edit]

The building is located where the 1950s Merrimac and Gold Coast hotels once stood.

Having defaulted on a $139 million loan, the building was faced with foreclosure.[7] In November, 2010, Trump announced he was no longer affiliated with the project.[8]

The unfinished condo-hotel was sold on March 14, 2012 in a foreclosure auction. The current owner of the property is ST Residential, a joint-venture between Starwood Capital, TPG Capital, WLR LeFrak and Perry Capital, according to the bulk deal marketing literature. The 298-unit project is being marketed for sale as "an extremely rare opportunity to acquire a brand new (sic) big beachfront asset,” according to the bulk deal marketing literature Condo Vultures cited. Sales materials indicate the building “has been well maintained and is in nearly move-in ready condition.”

Education[edit]

If completed, the building will be zoned to schools in the Broward School District.

If the school zoning boundaries do not change, the tower will be zoned to:

See also[edit]

References[edit]

[9]

External links[edit]