Florida laws clear path for 38-story tower on site of South Beach’s historic Savoy Hotel
A slice of historic Art Deco architecture in Miami Beach’s South of Fifth neighborhood is slated for replacement with a 38-story residential tower under a pair of controversial state laws. Allied Partners wants to develop the project with a hotel, 90 condo units and 60 workforce rental apartments on the site of the Savoy Hotel at 425 Ocean Drive. As city leaders and residents decry the potential loss of a piece of South Beach history and Tallahassee laws that allow for it, state laws tie their hands from stopping the project, WLRN reported. Under the plans, the Savoy, built in […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131