The Kolter Group Plans New 238-Room Hyatt Centric Hotel on Las Olas Boulevard in Downtown Fort Lauderdale
February 21, 2018 12:26pm
WEST PALM BEACH, Florida -- Kolter Hospitality, a division of The Kolter Group, has proudly announced plans for a new Hyatt Centric hotel at 100 E. Las Olas Boulevard in Fort Lauderdale. This hotel will occupy the first fifteen levels of the 46-level brand new building in the heart of the vibrant downtown, the first mixed-use building agreement for the Hyatt Centric brand. Destined to become the tallest building in Fort Lauderdale at 499 feet, the 100 Las Olas building will be home to a full-service Hyatt Centric hotel with 238 guest rooms, a lobby-level restaurant and bar with indoor and outdoor seating, 121 luxury condominium residences beginning on the 16th level, plus an additional 8,500 square feet of select retail and dining space with outdoor seating on the first level.
The Hyatt Centric brand features full-service lifestyle hotels located in prime, city-center destinations. Created for millennial-minded travelers who want to be at the center of the action, Hyatt Centric hotels are thoughtfully designed to enable exploration and discovery. The hotel's lobby lounge will be designed as a launch pad providing guests with information about the most sought-after food, nightlife and activities the destination has to offer, sourced from a community of "in the know" local explorers.
"The Hyatt Centric brand is a perfect fit for 100 Las Olas, particularly for those interested in exploring the multitude of activities and venues in downtown Fort Lauderdale. The hotel design, location, services and amenities will cater to the urban traveler. The condominium residents will also enjoy the benefit and perks of having this incredible hotel that will offer a vibrant atmosphere with dining and creative event and meeting spaces just below them," said Scott Webb, President of Kolter Hospitality.
Hyatt Centric Fort Lauderdale is expected to open in 2020. "Known as the heart and soul of downtown Fort Lauderdale, Las Olas will be the perfect location for a Hyatt Centric hotel," said Jim Chu, global head select service & franchise strategy, Hyatt. "Catering to the urban explorer, the Hyatt Centric brand was the most appropriate selection for this property. We are excited to be partnering once again with Kolter Hospitality in the Fort Lauderdale market."
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the kolter group,
100 Las Olas is slated to become downtown Fort Lauderdale’s tallest tower and its first condominium project in a decade. The 499-foot, 46-level building features 121 luxury condominium residences, a nationally branded full-service hotel that includes 238 guest rooms, a lobby-level restaurant and bar with indoor and outdoor seating, ballroom, meeting spaces, elevated pool and fitness center, plus an additional 8,500 square feet of select retail and dining space with outdoor seating on the first level. The Kolter Group assembled a brilliant design team to spearhead this project, including renowned SB Architects who created the vision for this iconic building architecture; nationally acclaimed, Simeon and Deary Design Group of Chicago who have masterfully crafted the vision for both the hotel and the residential common areas and Palm Beaches own, Bob Martin of The Decorators Unlimited, who has taken interior space planning and design to even greater heights with the introduction of four thoughtfully designed, innovative floor plans ranging from 1,501-2,964 square feet.
The Kolter Group is a diversified real estate development and investment firm that has invested in projects with projected investments valued at over $12 billion. Headquartered in Palm Beach County, Florida and with a southeast operational footprint, Kolter is developing properties in over 40 locations throughout the southeastern United States. For more information, visit www.TheKolterGroup.com.
Contact: Melissa Sweredoski
Kolter Hospitality, based in West Palm Beach, Fla., specializes in hotel management, development and acquisitions in the hospitality sector. Kolter Hospitality's alignment of core values and a performance-based framework has enabled the organization to realize success in management, development and franchisee/partner relations which are fueled by the continued growth of its development and acquisitions pipeline. Kolter Hospitality currently operates 8 hotels totaling 1,343 guest rooms and is in various development and construction stages for additional hotel projects in Palm Beach Gardens, Delray Beach, Fort Lauderdale and Orlando, which will grow the portfolio to 2,030 guestrooms total. www.kolterhospitality.com
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