CitizenM acquires land for Miami hotel development

A 348-room citizenM hotel is under development at the Miami Worldcenter, a $2 billion mixed-use development in downtown Miami. Photo credit: citizenM

Netherlands-based citizenM hotels is developing a 348-key hotel within Miami Worldcenter, one of the largest private mixed-use developments underway in the United States, occupying 27 acres in downtown Miami. CitizenM acquired the land for the development for $10.75 million.

The 12-story hotel, which will comprise 128,000-square-feet along NE 2nd Avenue between 7th and 8th streets, will include a 10th-floor sun deck with a swimming pool and rooftop bar, along with a fitness center and gym on the 11th floor. It will be located adjacent to Miami Worldcenter’s open-air shopping promenade, which will be lined with retail, restaurants and entertainment options.

The hotel also will include 1,850 square feet for societyM, the brand’s creative spaces and meeting rooms, and a cloudM rooftop bar offering views of Biscayne Bay and the downtown Miami skyline. Gensler Architects will be responsible for the hotel’s design.


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"CitizenM's rollout strategy has always centered around following our guests—a group of modern travelers who frequent true live/work/play destinations within the world's gateway cities," Ernest Lee, managing director, development and investment for citizenM U.S., said in a statement. "We are very excited to join the Miami Worldcenter development, a transformative project that will offer a high-quality mix of workplace, residential, dining, nightlife, shopping, conference and transit outlets."  

Spanning 10 city blocks, Miami Worldcenter is a $2 billion mixed-use development. Construction on the first phase of the project, which includes the 60-story Paramount luxury condominium, the 444-unit CAOBA Class A apartment tower and high-street retail, is now underway and slated for completion later this year.

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Marriott International said that it was too early to estimate how coronavirus would affect openings this year.

The 216-room hotel will follow the citizenM Seattle South Lake Union, which is slated to open this April.

Though Marriott said the virus could lower fee revenue by $25 million a month, President/CEO Arne Sorensen called the estimate “probably a bit light.”