Legacy Hotel & Residences at Miami Worldcenter
Sector: Residential • Location: Miami, Florida, United States
Source: The Business Journals
The Legacy Hotel & Residences is an unfinished development project at Miami Worldcenter, planned to include 310 branded condo units available as short-term rentals, a 219-room hotel, and a 120,000-square-foot health and wellness center operated as Blue Zones by Adventist Health. Construction was temporarily halted at 16 stories due to design issues and funding problems. Kast Construction, the gene
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | foreclosure and legal dispute ongoing |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Legacy Hotel & Residences is an unfinished development project at Miami Worldcenter, planned to include 310 branded condo units available as short-term rentals, a 219-room hotel, and a 120,000-square-foot health and wellness center operated as Blue Zones by Adventist Health. Construction was temporarily halted at 16 stories due to design issues and funding problems. Kast Construction, the general contractor, filed a counterclaim seeking $35.9 million in damages against the lender for unfair loan termination and unpaid claims. The lender had only funded $30 million of the $293.2 million loan and ceased funding without notifying the contractor, leading to foreclosure proceedings and legal disputes. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |