Downtown Hollywood will get its first new hotel in almost half a century when the Circ Hotel opens early next year.

The 111-room Circ Hotel is expected to open in February 2018 as part of a mixed-use development called Hollywood Circle along the northeast side of Young Circle, a traffic circle in downtown Hollywood.

In March, construction crews topped off Hollywood Circle, a 25-story building funded largely by Chinese EB-5 investors. When completed, the mixed-use development will include the hotel plus 389 rental apartments, retail shops and a supermarket.

Hollywood Circle LLC, led by managing partner Charles “Chip” Abele Jr., is the developer.

The last hotel built in downtown Hollywood was a 95-room Ramada on Harrison Street, according to Jorge Camejo, executive director of the Hollywood Community Development Agency.

Broward County property records show the Ramada Hollywood Downtown was built in 1969.

The manager of the Circ Hotel will be Trust Hospitality of Coral Gables, which also manages the Langford Hotel in downtown Miami and the El Paseo Hotel in Miami Beach.

The Circ Hotel will feature a coffee bar, gym, rooftop pool and lounge, and almost 3,000 square feet of meeting space. [Sun-Sentinel] Mike Seemuth

From The Real Deal Miami via http://ift.tt/2wK2Z9d