Infamous foreclosed Keys condo site now future home of a Marriott boutique hotel

Earthmovers and other construction equipment are clearing the way for a “boutique hotel” at the old American Outdoors RV Park bayfront lot at mile marker 97.5 in Key Largo.Developers are seeking “a multitude of approvals” from Monroe County, said Larry Abbo, chief executive officer of Prime Hospitality Group. Prime Hospitality wants to build a 15-building hotel on the 14-acre site. The project also calls for 160 parking spaces, Abbo said.

For the past eight years, the property, with its faded sales sign for a project called Playa Cristal, stood as a monument to a fledgling real estate trend that never got off the ground in the Keys in the mid-2000s, despite a serious and expensive build-up.

via Infamous foreclosed Keys condo site now future home of a Marriott boutique hotel – Florida Keys – MiamiHerald.com.