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New Element hotel offered by Lon Tabachnik

Cashflow In Miami
August 12, 2020

6085 N. Ocean dr , Hollywood Beach

New Element hotel offered by Lon Tabachnik on the dry piece of land that has been sitting for a minute .
With the Covid-19 the plans might be getting corrected. Is it just a matter of the number of rooms for the successfull development approval??

The Margaritaville developer plans to build a 200-room hotel bearing Marriott’s Element brand at a 1.9-acre site on North Ocean Boulevard in a joint venture with the owner of the land, an Aventura-based company led by Ryan Weisfisch.

Even with approval of the land-use proposal, the developers would need city approval of a rezoning proposal and a site plan before they could start building a 200-room Element hotel, which would be about 230 feet tall, including a building podium that would be 57 feet tall. The number of rooms, the height of the hotel and other details of the project could change.
The potential development site is just south of the Dania Beach Boulevard drawbridge over the Intracoastal Waterway on the east side of Ocean Boulevard, next to a two-tower, 18-story, oceanfront condominium called Renaissance on the Ocean.

The Aventura-based owner of the site, 6085 Ocean LLC, paid $4.65 million for the property in November 2012, according to records. The company subsequently won city approval for a 48-unit condominium on the site in 2014 but never built it.

With Tabachnik being in the picture , I think the Element will definitely happen, and , again, the question is-how will it move with the virus?


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