EPIC Miami Residences and Hotel was two-building condo-hotel to be constructed in Miami, Florida by Lionstone Hotels and Resorts. Only the first phase, Epic Hotel and Residences was built. Lionstone bought the former DuPont Plaza Hotel in August 2001 with the intention of renovating it at a cost of $80 million, but instead demolished it between April 2004 and January 2005.
Lionstone formed a partnership with Ugo Colombo to develop the site of the former DuPont Plaza Hotel into EPIC Miami Residences and Hotel, a mixed-use development, at a cost of US$370 million. The first 342-unit tower, Epic, was completed in 2008, to be followed by a second nearly 600-unit tower. The 414-room hotel is currently managed by Kimpton Hotels.
The second phase was cancelled during the recession, and the land was sold at a record unit price of $100 million per acre, at $125 million dollars for the 1.25-acre (0.51-hectare) lot.
Coordinates: 25°46′14″N 80°11′22″W / 25.770534°N 80.189335°W / 25.770534; -80.189335
Complete article available at this page.
This post have 0 komentar
EmoticonEmoticon