Hollywood Commissioners Approve of Massive Beach Tower Condo

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Hollywood commissioners voted unanimously on Wednesday for the construction of a $240 million luxury tower that will put the Hollywood Beach skyline on the map.

The tower, which is planned to be called Hyde Beach Resort, will be a massive 40-story condo with 367 condo and condo-hotel style units where guests can stay at for up to 150 days at a time.

Hyde Beach Resort will be built on the 1.6 acres by the water tower on Hollywood beach at the intersection of Hallandale Beach and A1A.

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via HydeResort.com

"It's the gateway to Hollywood," an attorney for The Related Group of Miami said via the Sun-Sentinel. "People coming from Golden Beach or Sunny Isles or from over the [Hallandale Beach Boulevard] bridge, this is the first building they will see."

The Related Group says that construction on the tower, which will feature ocean view units, a health spa with stream, and sauna rooms, will begin this August with plans to finish in 2016.

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via HydeResport.com

Prices will range from $1 million to $1.6 million, with the hotel-condo units going from anywhere between $400,000 to $1.1 million.

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via HydeResort.com

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via HydeResort.com

According to The Related Group, Hollywood is expected to get an estimated $1.6 out of the $5 million in estimated property taxes.

In addition to the tower, a 31-story hotel-condo called Beachwalk is also expected to be built on Hallandale Beach overlooking the Intracoastal Waterway with prices ranging from $399,900 to $699,900, according to the Sentinel.


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1 comments
riverrat69
riverrat69 topcommenter

Has any politician or commissioner not sucked Jorge M. PĂ©rez's dick? And that's only in FloriDUH. He's got shit going on all over the world.

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