250-Room CitizenM Hotel Will Rise At Perricone’s Marketplace In Brickell

Will Brickell’s charming Perricone’s Marketplace be demolished to make way for a hotel?

A broker told the SFBJ that CitizenM Hotels is in fact planning a hotel project at the Perricone’s Market site in Brickell after paying $16.18 million for the site, but details remain vague.

The new hotel will include 250 rooms. It will “preserve the historical significance of Perricone’s,” the broker said.

Perricone’s will need to close to allow for construction, but the hotel chain will be “maneuvering around” Perricone’s existing operation. The restaurant will later reopen within the new development.