MIAMI — A partnership between Gencom and locally based White Bridge Capital has purchased the InterContinental Miami, a 652-room hotel located at 100 Chopin Plaza in downtown Miami. Strategic Hotels & Resorts sold the hotel. The sales price was not disclosed, but Bloomberg reports it traded for approximately $300 million.
The 34-story hotel overlooks the confluence of the Miami River and Biscayne Bay and was recently renovated. The property features 22 suites that range in size from 850 to 2,800 square feet, as well as 90,000 square feet of indoor-outdoor meeting space. Other amenities include a rooftop pool with private cabanas, full-service spa, fitness center, business center, the Club InterContinental Lounge and onsite retail space.
InterContinental Miami also houses restaurants including Toro Toro, Bluewater, Starbucks Coffee and Freddy’s Speakeasy.