A new 24-story hotel condominium is coming to North Bay Village. The Village Commission passed six items last week that will allow the developers to continue with the building process.
Mayor Connie Leon-Kreps said the new 132-unit building will be good for the village’s finances.
“We need the tax base,” said Leon-Kreps. “It’s good for the village. It’s a beautiful project and the residents are excited.”
The hotel condominium, at 1755 Kennedy Causeway, will feature two retail spaces for restaurants as well as amenities for hotel guests. There will be a walkway near the water that will be open to the public as well as a meeting/ party room that will be available to North Bay Village residents.
Miguel Barbagallo, president of B Developments LLC, said the timeline and cost of the project could not be discussed until final details were worked out.
Ann Bakst, a North Bay Village resident for more than 40 years, said she is thrilled about the hotel. She said it will enhance the causeway.
“It’s looks beautiful,” said Bakst after seeing the architects rendering at the Tuesday commission meeting. “It will be a terrific asset to the city.”
Bakst said her one concern with the hotel is she hoped that hope guests could stay longer than 30 days to appeal to visitors who would want to stay for a season.
The hotel will have the features of a condominium for guests, but guests could not stay for more than 30 days. Leon-Kreps said any consecutive stay at the hotel longer than that period would make the guests residents.
From traffic studies conducted by the village’s planning department, the hotel will not affect the flow of traffic on the Kennedy Causeway.
Resident and former vice mayor Reinaldo Trujillo said his main concern with the hotel is rates. He hopes the prices will be fair to the area. Other than that, he said, the hotel will have a positive impact on North Bay Village.
“There’s not a place around here that has a party room open to residents. This is something very good for the community,” Trujillo said. “Things that we do not have, they are looking to put in.”
In other business:
• Commissioners approved plans for a 237-unit, 32-story multifamily condominium at 1415 Kennedy Causeway.
• North Bay Village farmer’s market begins Sunday, March 16, 2014, at 1755 Kennedy Causeway, from 11 a.m. to 3 p.m. Mayor Leon-Kreps said she is thankful B Developments LLC is allowing the village to use their lot for the farmers’ market until they break ground for the hotel condominium.