Fairfield Inn

About This Project

Redevelopment of W. Atlantic Avenue Properties – 2010 RFP

 

Location: South side of W. Atlantic Avenue, between SW 9th and 10th Avenues
Developer: Prime Delray Hotel, LLC (Prime Investors & Developers)

Contact: Jeff Costello, Executive Director, 561-276-8640

 

Project Description: In December 2010, the CRA issued a Request for Proposals (RFP) for the CRA-owned properties along W. Atlantic Avenue, between SW 6th and 10th Avenues. In 2011, the CRA awarded the RFP to Hollywood, Florida-based Prime Investors & Developers (“Prime”) proposes to develop a moderately priced flag hotel on a 1.77 acre site fronting on West Atlantic Avenue between SW 9th and SW 10th Avenues. The development proposal consists of the following:

  • Construction of a 4-story 95-room Fairfield Inn with a limited food service café fronting on Atlantic Avenue with an outdoor dining/seating area, a swimming pool, fitness center and meeting rooms, along with associated parking, landscaping and site lighting.
  • Streetscape improvements to the SW 9th and 10th Avenues consisting of on-street parallel parking space, sidewalk and landscape nodes.

 

This project received several economic development incentives including:

  • Long term (40 years) land lease with the CRA
  • Development Infrastructure Assistance Grant
  • $1.5 million construction loan

 

The project was completed in December 2014.

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