Driftwood Acquisitions and Development (DAD) of Coral Gables broke ground on its first hotel project in Palm Beach County – the 150-room Canopy by Hilton West Palm Beach..
The new $50 million lifestyle hotel under construction at 704 S. Dixie Highway is going up about two blocks from City Place, the downtown retail, dining and entertainment complex.
Driftwood expects to open the 13-story Canopy by Hilton hotel in early 2019. Verdex Construction is the project’s general contractor.
Tan Tar A/Margaritaville & Osage Commons developments boost interest in the Lake area.
The year-and-a-half long project that will transform the iconic Tan-Tar-A resort into Margaritaville was a sure thing, as soon as investors visited Lake of the Ozarks.
New owner, Driftwood Acquisitions and Development, may seek to expand footprint in the area.
Carlos Rodriguez didn’t know much about Park City until he visited for a month last summer.
Driftwood Acquisitions and Development (DAD) today announced the acquisitions of two hotels in Florida’s most well-known coastal cities. The DoubleTree by Hilton Historic District in St. Augustine and Hampton Inn Daytona Beach/Beachfront will become the company’s eighth and ninth properties, respectively.
On Friday, officials from Driftwood Acquisitions & Development of Coral Gables and American Opportunity Regional Center of Miami broke ground on the new EB-5 hotel project, a 150-room DoubleTree by Hilton in Doral. The $26 million, six-floor hotel will rise up on the corner of Northwest 102nd Avenue and 19th Street, near Miami-Dade County’s International Mall, and is slated to open in July 2017. It will feature 144 rooms and six suites, a restaurant, two bars, three meeting rooms, a business center, fitness facility and pool.
La invitación a quienes tengan un mínimo de 100.000 dólares no es bajo el formato tradicional de fondo, sino con la opción de ser partícipe en un proyecto específico, dice Carlos Rodríguez Jr., gerente de operaciones de esta compañía que la semana pasada empezó labores en Colombia.
Ao todo, o road show da Driftwood contará com a apresentação de Ariel Yaari, EB-5 Manager da empresa, em seis etapas: dois eventos em parceria com a Fragomen e a VD&T International no dia 22 de março em São Paulo e mais quatro eventos em parceria com a Piquet Law Firm: dois em São Paulo no dia 23 de março e mais dois no Rio de Janeiro nos dias 27 e 29 de março.
The North Palm Beach-based company, which develops, manages and acquires hotel properties across the country and beyond, says it’s using its EB-5 division in South Florida to build relationships and form future partnerships with wealthy visa-seekers. The goal is to churn out two hotels or more a year.
The $30 million-plus hotel, set to be built at 315 NW First Ave., will be a 202-room Tru/Home2 Suites by Hilton hotel, according to an announcement by the Coral Gables-based Driftwood Acquisitions and Development and Fort Lauderdale real estate developer Dev Motwani.
Located in the Flagler Station Corporate Park and 16 miles from Miami International Airport, the Residence Inn Miami West/Florida Turnpike offers its guests access to Dolphin Mall, Doral Golf Course, Sun Life Stadium, American Airlines Arena, and Florida International University.
Carlos Rodríguez of Driftwood Hospitality Honored with Estrella Award for “Latino Hotelier of the Year” by Latino Hotel and Restaurant Association
Rodríguez joined Driftwood in June 2003 to oversee real estate development and acquisitions, finance and investor relations.
Mientras los mercados latinoamericanos sucumben ante las políticas antimigratorias del presidente de Estados Unidos, Donald Trump, los inversionistas de países como Colombia todavía ven oportunidades de llegar a ese destino con inyecciones de capital que van desde los US$100,000 dólares en el sector hotelero.
© 2016 Driftwood Acquisitions and Development, LP