Blue Lagoon - Florida YIMBY

Pre-Application Filed for 600-Unit Apartment Development at Pullman Miami Airport Hotel Parking Lot

8:00 am on October 12, 2024 By Oscar Nunez

London + Regional Properties, the Pullman Miami Airport hotel owner at 5800 Blue Lagoon Drive, has filed a pre-application with Miami-Dade County to develop two eight-story apartment buildings on the hotel’s parking lot. The proposed project would introduce 600 new apartments to the 10-acre site, which currently houses the 281-room, 13-story hotel built in 1986. Acquired by the London-based property firm in 2019 for $48.65 million, the site sits within the Blue Lagoon business park, a predominantly office and hotel district just south of Miami International Airport.

Miami Blue Lagoon Development Site Slated for Auction Following Foreclosure Ruling

8:00 am on August 21, 2024 By Oscar Nunez

A development site in Miami’s Blue Lagoon area, previously approved for apartments and a hotel, is now facing foreclosure and is set to be auctioned due to a $17.9 million lawsuit. Miami-Dade County Circuit Court Judge Thomas J. Rebull granted the foreclosure judgment on August 10 in favor of TIG Romspen US Master Mortgage against 7 at Blue Lagoon LLC and loan guarantor Caroline Weiss. The judgment is tied to a loan with $13.2 million in outstanding principal and additional interest and fees. The court found that the borrower failed to repay the loan by its maturity date on October 1, 2022, and neglected to pay real estate taxes from 2020 to 2022.