An affordable housing apartment owner in Miami Beach has told residents to move out so they can convert the 56 apartments into a 76-room boutique hotel. The Miami Beach Historic Preservation Committee recently voted to allow the building owner to renovate the Riviera Plaza Apartments at 337 20th Street. The residents have 60 days to find another place to live. The structure, built in 1926, was originally a hotel until it was converted into apartments later.
Owners Diana and Rene Gerdom bought the property for $41.3 million in 2015. Construction is expected to cost $22 million.
The five-story hotel’s rooftop will feature a deck, a rooftop pool on the western side of the building and a roof garden. Shulman + Associates is the architect on the project.
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