Foundation work is now underway for a 24-story tower across from Brickell City Centre with multiple uses.
The project will have two hotels, including an AC Hotel By Marriott and the Element By Westin with a total of 264 rooms between the two.
At the base of the building will 23,000 square feet of retail, along with 60 parking spaces. The Underline recreational area is directly adjacent to the property.
A rooftop bar and terrace is planned at the top of the tower.
A total of $96 million in construction financing has been issued.
Robert Finvarb and Anthony Cho are the developers, with NYSE-listed Summit Hotel Properties providing financing and having an option to purchase the completed hotel. Arquitectonica is the architect.