New Hyde resorts and condos planned in Midtown Miami, Hollywood

Hyde Hotel & Residences Midtown Miami is slated to open in 2016.
Hyde Hotel & Residences Midtown Miami is slated to open in 2016.

The Related Group announced plans for two condo towers and hotels in partnership with hospitality and real estate development company sbe.

Already partners on the SLS Hotel & Residences Brickell, still a couple years away, the companies are putting a new brand — Hyde — on the upcoming projects. The name comes from sbe’s Hyde Lounge.

Hyde Hotel & Residences Midtown Miami is expected to open in 2016 with 80 hotel rooms and 400 condominiums. The roughly $130 million project will be at Midtown Avenue and 34th Street.

Also set to be finished in 2016, Hyde Resort & Residences Hollywood Beach will have 367 condo hotel units and 40 condo residences. The 40-story tower at 4111 S. Ocean Dr. is expected to cost about $200 million to build.

Related is developing the projects; sbe, which has a large footprint in Miami including SLS Hotel South Beach, Raleigh and new Redbury, will operate.

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