Collins Park Hotel Renovations Finally Moving Forward

After getting the project approved all the way back in 2012, the Chetrit Group has secured a $55 million loan and is finally moving forward on plans to restore a block of art deco and midcentury modern hotels and apartment building just off Collins Park to create a boutique hotel, reports The Real Deal. Calling the entire assemblage the Collins Park Hotel, which was the historical name of one of the buildings, the project as designed by Kobi Karp was approved to have about three hundred rooms and will be a mixture of historic restorations and infill additions. Right now, the structures are burned out carcasses, likely the result of an arson in 2007, that luckily haven't fallen in on themselves since.

· Chetrit scores $55 million loan for beach project [Real Deal]
· A burned out Collins Park block will be restored to glory [Curbed]