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Announcement

Will Finvarb get approval on the hotel here?

By
Cashflow In Miami
on
May 17, 2021

1790 Alton road, Sunset Harbour, FL

Finvarb’s SOBE 18 LLC purchased a triangular lot for $4 million at 1790 Alton Road across Dade Boulevard from the Palomar with a plan to develop the Kimpton Palomar Suites.

Residents and members of the Sunset Harbour Neighborhood Association objected saying the NVP seeks to create economic opportunity for the area that will enhance the neighborhood through development of Class A office space.

Obviously, Finvarb did an extensive due diligence and have gotten some prior signs, it will get approved, otherwise why would he go hard?

The prohibition on hotels is just one aspect of the ordinance which provides a height increase to 65 feet for office uses on properties fronting Dade Boulevard between Alton Road and Bay Road, properties fronting Alton Road between 20th Street and Dade Boulevard as well as those fronting Purdy Avenue between 18th Street and Dade Boulevard. It would also eliminate the minimum parking requirement for non-residential uses above the ground floor while also allowing developers to provide parking for office uses above the ground floor up to the level required in parking district 1 without counting against FAR (floor area ratio) limits.

There are also limits on the number of lots that can be aggregated for retail, personal service or restaurant uses and maximum lot size for non-office developments.

The question centers around when the hotel prohibition was raised. At the March Planning Board meeting, Rogelio Madan, Miami Beach Chief of Community Planning & Sustainability, said the hotel prohibition was not discussed until the February 10 City Commission meeting, ten days after the Finvarbs were locked into their contract.

The question centers around when the hotel prohibition was raised. At the March Planning Board meeting, Rogelio Madan, Miami Beach Chief of Community Planning & Sustainability, said the hotel prohibition was not discussed until the February 10 City Commission meeting, ten days after the Finvarbs were locked into their contract.

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