Skip to main content

$2 Billion Proposed Redevelopment of Sonesta Beach Hotel on Key Biscayne

Fortune International
Representation of Fortune International in the proposed redevelopment of Sonesta Beach Hotel in Key Biscayne, Florida. We handled the real estate work, land use, zoning, and management agreements. Prior to the downturn, the proposed project was to encompass over 900,000 square feet, including 350 condo-hotel units, 20 residential condo units, meeting space, a spa, and a restaurant. We successfully defended against challenges to the approvals in trial and appellate courts. After disposition of litigation, we represented SBR-Fortune Associates, a partnership between entities affiliated with Sonesta Hotel Corporation and Fortune International, in the $78 million sale of the hotel and approved redevelopment plans, to Consultatio Key Biscayne, an affiliate of the Buenos Aires, Argentina-based Consultatio, S.A.
RELATED PEOPLE
MORE EXPERIENCE
Experience
Lead counsel to AnsaldoBreda, Inc., an Italian global transportation company, in securing a $300 million contract award by Miami-Dade County for the procurement of 136 heavy rail (Metrorail) vehicles. This is the largest procurement by Miami-Dade County Transit outside of the construction contracts ...
Experience

Representation of debtor in possession in the chapter 11 case of Cabi Downtown LLC, the owner of an 849-unit condominium project owing over $250 million to a bank consortium, defaulting unit purchasers, trade creditors, and its general contractor. The case was the first large condominium filing i...

VIEW MORE EXPERIENCE