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This Week’s South Florida Deal Sheet: First Condo-Only Waldorf Astoria Planned – BISNOW
Related Group, Merrimac Ventures and Hilton have partnered on the development of the Waldorf Astoria Residences Pompano Beach, the first purely residential property for the Waldorf Astoria brand
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The 28-story Waldorf Astoria Pompano Beach is planned to have 92 condos. Waldorf Astoria Pompano Beach by Nichols Architects, BAMO, Enea Landscape Architecture, and KORA.
The 28-story property is planned on a 1.8-acre oceanfront parcel at 1350 South Ocean Blvd. It will have 92 condos ranging from 2,100 SF to 6,100 SF. Amenities include a private marina with 19 slips, a 20K SF oceanfront pool deck with an outdoor bar, 200 feet of private beach access with a beachside café, and 15K SF of additional amenities. A ground-floor food and beverage concept will round out the development’s dining options.
The property was designed by Coral Gables-based Nichols Architects in collaboration with Kora Architecture in Las Vegas, BAMO in San Francisco and Enea Landscape Architecture, a Swiss firm with offices in Miami and New York.
An affiliate of Fort Lauderdale-based Merrimac Ventures, led by Dev and Nitin Motwani, paid $11.5M in 2011 for the development site and an adjacent 4-acre property that has since been developed into luxury rentals, The Real Deal reported.
Read on at Source: Bisnow https://www.bisnow.com/south-florida/news/deal-sheet/this-weeks-south-florida-deal-sheet-121162