After getting approval in 2012 and securing a $55 million construction loan in 2015, construction has started at Collins Park Hotel in Miami Beach.
Located at 2000 Park Ave, Collins Park Hotel is being developed by Chetrit Group, who are also developing the Fairwind Hotel and the massive Miami River complex in Brickell. Collins Park Hotel was designed by architect Kobi Karp, who also designed the Miami River complex project.
The six buildings sitting on 1.65 acres of land, was built between 1938 and 1953. The buildings will be restored and turned into a hotel complex with 296 rooms. All the roofs will be connected, will have three pools, four bars and a signature restaurant.
Work has started on the site with the stabilizing of the façades of the buildings, include one that was burned in a fire in 2007.
Collins Park Hotel was used as a location in the movie Bad Boys filmed in 1995.