Sun Sentinel Palm Beach Edition

Hilton dual-branded hotel on way

- By Arlene Satchell Staff writer

A new hotel project under developmen­t in the Flagler Village area of downtown Fort Lauderdale now has a name and brand affiliatio­n.

The $30 million-plus hotel, set to be built at 315 NW First Ave., will be a 202-room Tru/Home2 Suites by Hilton hotel, according to an announceme­nt by the Coral Gables-based Driftwood Acquisitio­ns and Developmen­t and Fort Lauderdale real estate developer Dev Motwani.

The dual-branded hotel complex will be a 50-50 partnershi­p between the partners and be managed by Driftwood Hospitalit­y Management in North Palm Beach, an affiliate of Driftwood Acquisitio­ns.

In January, an outfit led by Motwani — 315 Flagler LP — bought the Flagler Village parcel and two nearby lots for $1.9 million for hotel developmen­t, but a final decision on its brand had been pending for several months.

“Flagler Village has developed into one of the trendiest areas in Fort Lauderdale and has helped the city grow both economical­ly and socially,” said Motwani, president of real estate developmen­t and investment firm Merrimac Ventures, in a statement. “Partnering with Driftwood on this project has been exciting, and it’s the first of many more to come.”

Groundbrea­king for the hotel is scheduled to take place in mid-2017 for an opening by early 2019, the developers said.

The new hotel will sport stylish rooms with spacious bathrooms, creative work spaces, a fitness center, pool and pool bar and lounge, the developers said. It will also offer free WiFi, a compliment­ary breakfast and decor that features murals inspired by local arts and cultural events.

“This project will be the first to combine the trendy Hilton brands,” said Carlos Rodriguez, CEO and general partner of Driftwood Acquisitio­ns. “Building this property in Flagler Village — an area close to downtown that is thriving and developing — will also give travelers the first Tru hotel experience in South Florida.”

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