Miami International Airport Set To Welcome New Hotel As Developers Compete For Contract

A new era may be dawning for the Miami International Airport as two developers are vying to build a new hotel connected to the bustling transportation hub. After more than six decades without competition, the Miami International Airport Hotel, which links to Terminal E, may soon have a companion. FDR Miami Hotel LLC and Parmco Airport Hospitality LLC are currently in the running, awaiting a decision on who will secure the 50-year lease from the county to construct a new hotel adjacent to the airport.

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FAA Permits Filed For 321-Foot-Tall Tower, Poised To Be Sarasota’s Tallest Building

The Federal Aviation Administration (FAA) has received building permit applications for Obsidian Residences, an 18-story condominium tower planned for 1260 North Palm Avenue in Sarasota, Florida. This proposed tower, set to become the city’s tallest building, would stand at 321 feet. The development would feature just 14 residences in Sarasota’s downtown area with impressive ceiling heights ranging from 10 to 14 feet and interiors by Los Angeles-based Troy Adams. The project, developed by MK Equity Corporation, is situated on a 12,366-square-foot site and aims to replace an aged commercial plaza adjacent to the Bay Plaza Condominium. It is also conveniently situated across the street from the Art Ovation Hotel and Palm Avenue Parking Garage.

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