Real Estate News

The Four Seasons Hotel Miami has a new owner with plans for the property

The Four Seasons Hotel Miami’s seventh-floor terrace and pool can be seen in this aerial shot of Brickell.
The Four Seasons Hotel Miami’s seventh-floor terrace and pool can be seen in this aerial shot of Brickell. mocner@miamiherald.com

The Four Seasons Hotel Miami has a new owner, one with a plan to upgrade the tower in Miami’s financial center.

Fort Hospitality Group, a branch of the Fort Lauderdale-based development firm Fort Partners, has acquired the 70-story tower, according to a press release from the firm. Although a spokesperson declined to comment on the sale amount, The Real Deal reported that Fort Hospitality Group dropped $130 million on the deal.

The 221-room hotel features the popular restaurant EDGE Steak & Bar.

The firm now owns all of the Four Seasons buildings in South Florida, including the Four Seasons Hotel and Residences at The Surf Club and Four Seasons Resort Palm Beach. It is expanding its Surfside project and is completing the Four Seasons Hotel and Residences Fort Lauderdale.

This story was originally published July 16, 2021 at 5:32 PM.

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Rebecca San Juan
Miami Herald
Rebecca San Juan writes about the real estate industry, covering news about industrial, commercial, office projects, construction contracts and the intersection of real estate and law for industry professionals. She studied at Mount Holyoke College and is proud to be reporting on her hometown. Support my work with a digital subscription
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