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| Howard Johnson Ft Lauderdale Beach |
The initial and winning bidder for the Howard Johnson site located at 700 N Fort Lauderdale Beach Blvd along Ft Lauderdale Beach failed to appear for the closing. The second position bidder, a company controlled by Dev Motwani, is now in first position. It is too early to tell what this new companys intentions are with the site, but the former owners original plans were a 20 story condo building.
2/25/13:
A Maryland real estate investor is set to acquire approximately 2 acres located on Ft Lauderdale Beach at 700 N Fort Lauderdale Beach Blvd for $22.5 million. The former Howard Johnson was slated to be a 170 unit oceanfront condo building called Orion. No word yet on the new owners intentions.
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