The owners of the Clevelander Hotel and Bar submitted plans to the city of Miami Beach on Monday to transform the famous party spot into a restaurant and 18-story housing development, shorter than the 30 stories first floated last month but substantially taller than other buildings nearby on Ocean Drive.
The proposal calls for a 200-foot tower above a ground-floor restaurant where the Clevelander currently stands. The project would have 137 residential units, 55 of which would be designated as workforce housing.
Monday’s submission comes more than six weeks after Jesta Group announced its intention to redevelop the Clevelander and adjacent Essex House hotel under Florida’s Live Local Act, which lets developers circumvent local height and density regulations if they commit to designating 40% of new housing units as affordable to renters earning up to 120% of the area median income.
Source: Miami Herald