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COCONUT GROVE, FL-Colony Capital LLC and the Falor Cos., which bought the hotel this year, are in the middle of a $10-million renovation and conversion to an upscale condo-hotel. The majority of the renovations are expected to be completed by early next year.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
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Recently, the property went under nearly a $100 million renovation.
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Hotels and renowned chefs are forging profitable new paths.
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