Billionaires Propose Arquitectonica-Designed Hotel At MIA’s North Terminal

A proposal has been submitted to build a luxury hotel at Miami International Airport’s North Terminal.

FDR Miami Hotel, LLC submitted the proposal to the county, and is recommended as the winning bid over two other proposals.

The LLC is a joint venture between Jeff Soffer’s Fontainebleau Development, LLC and Stephen Ross’ Related Companies.

The hotel would be designed by Arquitectonica, the documents state.

Miami-Dade has set a minimum standard for the new facility to be an Upper Upscale hotel (also known as a four-star hotel).

Other minimums include that it must have at least 451 keys; an all day full-service restaurant/bar; rooftop restaurant; pool with terrace; business/meeting/event space; fitness center; and spa.

There will also be a climate-controlled pedestrian connection bridge between the hotel and Concourse D, and valet parking using spaces in MIA’s garage.

The hotel would be built on 1.82 acres next to the terminal.

It is estimated that the lease will generate $240M over a 50-year term. Rental payments will be 3.5% of gross revenue, with a minimum annual guarantee of $2.5M.

Miami-Dade commissioners are scheduled to vote on awarding the contract on May 10, at a meeting of the Miami-Dade Airport and Economic Development Committee.

 

 

 

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Not Anonymous
6 months ago

The county doesn’t need a new airport hotel, we need a new airport! Build a world-class airport for our world-class city!

Melo is sigma and Chad
6 months ago

the county needs both

World Class Callow Poster
6 months ago

Yes, Miami needs a new airport! Put in Broward! And extend Metromover there! And zero parking at this new airport!

Anonymous
6 months ago

The County has spent hundreds of millions in new terminal work and a Metrorail airport extension over the last 15 years. No way they walk from that. Also, there’s NOWHERE to put another international airport in Miami-Dade County.

Dollars
6 months ago

Dollars hanging down of trees?

Kevin
6 months ago

Let’s vote

Bruno
6 months ago

WE don’t NEED a new airport. YOU WANT a new airport.

I love these private sector deals where developers pay rent to the gov’t and no taxpayer money is wasted by lazy bloated gov’t bureaucrats.

Name
6 months ago

No… You WANT a new airport. We don’t NEED a new airport.

Azarius
6 months ago

Actually think this is a good idea and will immediately be a hit to the airport

Anonymous
6 months ago

its called a Sheraton and its walking distance from all terminals.

miamimancomep1nga
6 months ago

this is a great idea. miami international is in need of a dire airport. el dorado in colombia (yes colombia out of all places) is so much nicer and well-kept and if a nation like colombia can keep their airport that clean then miami should follow such an example.

agreeswithcomep1nga
6 months ago

i agree with comep1nga

Jeremey Howlett
6 months ago

This is a terrible idea. Parceling off sections of the airport for private development is not smart, and the 50year lease will put limits on any new Airport master plan that is created. Plus, all you have to do is walk around south Florida and Miami Beach to see all the planning and Development mistakes that have been made over the past years, and maybe it’s time they bring in a new team that can do a better job at planning and managing development in south Florida.

Bruno
6 months ago

It is a good idea.
Yes it puts limits on “new” master plans (so does the physical plant, and so does wind direction). So what.

This hotel idea fits in perfectly with the current master plan.

Name*
6 months ago

There’s a new housing development next to the American dream mall site. So When is that ever going to happen?

Anonymous
6 months ago

never—it’s a crackpipe dream

No road, No rail, No future
6 months ago

You know, my house has only one closet-sized bathroom for 4 bedrooms, two of the bedrooms have no AC vents, and the AC itself is old and discharging buckets of water. The dishwasher in my kitchen is broken and the boiler takes 10 minutes to get water hot. Outside the paint is cracking in parts, there are rust stains but the sprinkler system hasn’t worked for months, and the garden is barren and the grass has yellow spots. BUT HEY! I’ve decided to build a beautiful swimming pool and jacuzzi because that’s clearly the most important priority! MIA is pathetic.

Bruno
6 months ago

Horrible analogy.

AbyNormal
6 months ago

The other submissions were much better solution than the ARQ one…but the Fort-Brescia’s are well connected to the Miami-Dade Power Teet + Related…etc.
Great Idea, and will be a success.
Agree that Miami (in Miami Dade) needs a World Class Airport – MIA is NOT World Class.

Anon
6 months ago

where can you view them

Anonymous
6 months ago

How can it take 5 or more years for Mayor Cala of Miami-Dade to fix the moving sidewalks at MIA?
Ridiculous.

Kevin
6 months ago

So how long would the demolition take at One Brickell

Esteban
6 months ago

I work at this airport. MIA is in serious disrepair. The terminals, the buildings, the facilities themselves, and especially the garages are inferior to many Third World countries and comparables.
And we haven’t even addressed the traffic around the airport. Especially the roads leading into and out of.
I would hope that this would be a consideration in whether to build a “Luxury” hotel here.

Anonymous
6 months ago

Well if Ross of the real Related is part of the team, maybe Arquitectonica will actually create a “beut,” and not a box with jailhouse windows and/or giant vomit-inducing mural.

Anonymous
6 months ago

Another beAut by Arquitectonica!

Rascally lady
6 months ago

But Sanders won’t want people to have more than nine hundred ninety nine millions … the rest is for the estate

Anonymous
6 months ago

Sanders is a loser douche.

Planning to run for Mayor
6 months ago

A much more excellent public-private partnership for hotels and a massive increment in parking with the people movers station stops from the Intermodal Center was planned 15 years ago receiving several joint-venture proposals. However, the usual nonsensical politics and inept DHS “Airport Director” and later Miami City Manager – fired from both positions, killed it. Miami-Dade County with its absurd Mayor and politically appointed “airport executives” is the most destructive combination of airport governance and strategy. As an aviation professional who has worked there – there is no hope for advancement unless you are part of the problem. An Airports Authority should govern the County’s Airports with the power of eminent domain. The maintenance, operations, development, and evaluation of supplemental or replacement airport site(s) to serve a 100-year planning horizon can be done professionally and with public support.