Aria Development Group is set to open Miami’s first YOTEL hotel. The mixed-use project will open in 2017.
The hotel will feature a restaurant and bar, 250 cabins, a pool deck, and a gym.
Aria Development Group, a New York and Miami-based real estate investment and development company, also envisions luxury residential units located on the upper floors.
“Downtown Miami is emerging as a high-energy place to live, shop, and work,” says David Arditi, principal of Aria Development Group. “There is strong demand for urban chic residential apartments, and Miami’s appeal as an international destination is at an all-time high. The YOTEL brand, with distribution in New York, London, Singapore, Paris, and San Francisco is a perfect fit for downtown Miami.”
The announcement comes at the heels of Aria Development Group’s development 321 Ocean, a beachfront condominium located in the exclusive South Beach enclave known as South of Fifth.
