The YOTEL has gotten its final approvals to come to Downtown Miami from Miami's Planning & Zoning Department. The hotel will be built without parking as the 10 story parking structure was not approved, an increasingly popular aspect of new construction buildings in the Downtown area as Miami continues to grow into a more pedestrian city. The YOTEL will be a 29 story tower, which is being designed by Stantec, will include both 188 apartment rentals and 225 micro-sized hotel units. The YOTEL is being developed as a joint venture between Agarat, a Kuwaiti real estate company, and Aria Development Group.
The Real Estate Mogul's Guide to South Florida
