LVMH is said to be in talks with the owners of Jungle Island to partner on dining and entertainment at the resort, according to World Red Eye.
New renderings of the project have also been released.
In December, plans were submitted to Miami’s Urban Development Review Board for an expansion of the complex, including a 12-story, 300 room resort hotel, and a 7-story parking garage with 965 spaces.
A rooftop venue with views of downtown Miami and Miami Beach is planned atop the new hotel building.
Miami Building Department records show that the 7-story parking garage entered into the construction permitting phase in January, with an estimated hard construction cost listed at over $50m.
Another construction permit is also in review since December, with plans for a surface parking lot at an estimated construction cost of $750,000.