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Miami Herald

New Downtown Miami Hotel

Wednesday - January 19, 2011 - A new Hampton Inn & Suites in downtown Miami is set to open in September, ahead of schedule.

Workers topped off the 221-room hotel at 50 SW 12th St. late last week. The 15-story hotel broke ground in June and was intended for completion by the end of 2011. The project is expected to more than meet the deadline thanks to plenty of labor and materials and cooperative weather.

At a total development cost of more than $36 million, the project was financed in part by an $18 million construction load from Wells Fargo and a $5 million loan from Monday Morning Mortgage and Investment Co.

Developer Brickell Hotel Group said the project is employing more than 300 construction workers and the hotel; when open, will create 100 long-term jobs.

The hotel will include a cocktail and coffee bar, fitness room, pool, business center and about 3,650 square foot of meeting space. A 10,000-square-foot space on the ground floor is expected to become a restaurant.

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Hospitality Operations, Inc.
50 SW 12th Street, 6th Floor - Miami, Florida 33130
Phone: (305) 373-0611 | Fax: (305) 373-0623
hotelgroups@aol.com - www.hospitalityoperations.com