Bal Harbour gives preliminary OK to $1 billion hotel project
The $1 billion St. Regis-Bal Harbour Hotel and Residences, which one of its proponents touted will be “absolutely the highest-class hotel in South Florida,” has gained tentative approval of a zoning change from the Bal Harbour Village Council.
The council’s 4-1 vote Jan. 5, following a sometimes contentious public hearing, means the proposal will be brought to a final vote, tentatively set for Feb. 21. The Sheraton, 9701 Collins Ave., would be demolished to make way for 240 luxury condominium hotel rooms and 271 residences on the 7.32-acre parcel.