Miami’s Airbnb-friendly Natiivo tower will also have a hotel. Now we know the brand
South Florida’s third Gale Hotel plans to open in downtown Miami in 2023.
The boutique condo-hotel brand with roots on South Beach’s Collins Avenue will occupy 240 units inside the upcoming Natiivo tower at 159 NE 6th Street, becoming the project’s long-promised hotel. Natiivo expects to break ground on the tower in February 2021.
A hotel — slated for floors 11-23 of the 51-story tower — has always been part of the project’s plans, alongside 425 Natiivo homesharing units that allow owners to rent their homes on short-term-rental websites. Of the 240 Gale Miami Hotel and Residences units, 100 will be regular hotel rooms and 140 will be condo-hotel units.
More than 60% of the 425 Natiivo home-sharing units have already been sold, said Keith Menin, principal of Menin Hospitality, and co-developer on the Natiivo project. He is confident that the project’s close proximity to PortMiami and other downtown attractions will draw in short- and long-term visitors.
“By bringing the Gale to Natiivo and the whole short-term-rental development, we are putting faith in both things really doing well,” he said. “The Gale brand has already proved itself to enter markets successfully.”
Miami’s first Gale hotel property — the 87-room Gale South Beach & Regent Hotel, also operated by Menin Hospitality and developed with Crescent Heights — debuted in 2012 at 1690 Collins Ave. It is part of Hilton’s Curio Collection. The Gale Boutique Hotel & Residences, a 96room hotel and a neighboring, 128-unit condo building planned for Fort Lauderdale Beach at 2900 Riomar St., is significantly delayed; it was originally slated to open in 2017.
In addition to the homesharing units and the hotel units, the Natiivo tower in downtownMiami has plans for co-working space, a pool, a speakeasy and ground-floor retail space.
Menin expects the hotel units to go on sale as soon as next week. Alicia Cervera Lamadrid, principal and managing partner of downtown Miami-based Cervera Real Estate, and her daughter, Alicia Lamadrid Paysse, are managing sales for the project.