JHM Hotels Purchases Site In Arts & Entertainment District

JHM Hotels has purchased a site located at 511 NE 15th St for $8 million, according to The Real Deal.

The lot size of 11,700 square feet currently has a single story building, which is near the Venetian Causeway and across the street from where the Miami Herald building once stood.

The site is zoned for 36 stories with a potential to go as high as 60 stories.