A FLORIDA HOTEL developer is seeking city approval to build an Aloft Hotel where a bank once stood. Samir Patel, president and CEO of 360 Hospitality Group in Cocoa, Florida, has proposed to develop a hotel on a three-acre tract along U.S. Highway 1 in downtown Melbourne.
Patel bought the site in October 2017 from a Miami company for $2.75 million, reports Florida Today. A vacant SunTrust Bank building that sat on the site was razed in 2006.
City officials have long viewed the site as an economic catalyst for downtown, said the newspaper. In early June the city’s planning and zoning board approved the project and the Melbourne City Council approved the site plan at its July 9 meeting.
The six-story upscale hotel will have 125 rooms. Construction should take about 15 months.
In May, Whitestone Hospitality of Irving, Texas under Chairman and CEO Suresh Patel, opened its Aloft Dallas Arlington Entertainment District in Dallas, Texas. Also, in February Vision Hospitality Group announced it would be building the first Aloft in its home base of Chattanooga, Tennessee.