Sanctuary Hotel Update 06/28/24

Developer Secures $21.5 Million Construction Loan for Boutique Hotel in Miami

 

 

The developers have secured a $21.5 million construction loan and ground has been broken at the Sanctuary Hotel in Miami. The boutique hotel will offer 90 rooms in a five-story building. The guest rooms will range in size from 22 to 276 square feet. Hotel amenities will include an on-site restaurant and rooftop swimming pool. The hotel is being constructed on the site of the demolished Sanctuary South Beach Condo, a block from the Miami Convention Center.

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