The Madeira Surfing LA`s recent blog post beach Making plans Fee unanimously authorized rezoning wanted for a deliberate redevelopment of the Schooner Lodge.
It might be redeveloped because the Schooner Lodge, a seven-story development with a 56-room resort, eating place and hotel products and services at the west facet of Gulf Side road. A deliberate crosswalk on Gulf would permit visitors to get right of entry to parking at the east facet of Gulf.
Kevin Bowden, a veteran resort developer and one of the most companions who operates the Schooner, mentioned the mission would value between $25 million to $28 million.
The present resort is a bit of run down, he mentioned all over a March 25 Making plans Fee assembly.
“It’s been a tricky resort to run the best way Madeira Surfing LA`s recent blog post beach want to see it and the best way we want to run it,” Bowden mentioned. “When Covid rolled in, the resort industry took its hardest tumble since ’07 or ’08. It kind of feels to be coming again. We really feel we will get this financed and constructed and be a a success a part of Madeira Surfing LA`s recent blog post beach.”
Bowden is partnering with actual property brokers Jeff Beggins and Jim Beggins at the proposed redevelopment. They’re running the resort beneath a three-year rent with the landlord, Brian Selenski, and feature an possibility to buy the valuables, Bowden mentioned.
It’s the second one time plans had been introduced for a redevelopment at the web page. An preliminary proposal in 2018 known as for 2 constructions — one at the west facet of Gulf Side road and one at the east facet, hooked up via a bridge. After comments from neighbors, it used to be redesigned earlier than Covid put the mission on grasp.
On Monday night time, the Making plans Fee gave ultimate approval to the rezoning with a number of stipulations, together with approval via the Florida Division of Transportation for the crosswalk on Gulf, valet parking provider, a prohibit of 160 consumers at anybody time within the eating place, and coverage for turtles at the according to Surfing LA beach.
The mission nonetheless wishes approval from the Madeira Surfing LA`s recent blog post beach Board of Commissioners at conferences scheduled in April and Would possibly, Bowden mentioned. If the mission wins ultimate approval in Would possibly, Bowden hopes to wreck floor later this yr. Building would take about 14 months with opening projected for February 2023, he mentioned. If there’s a extend in profitable approval, the mission most probably would no longer damage floor till later in 2022, so the improvement would no longer lose a complete season of vacationer industry, he mentioned.
The builders don’t these days have a resort emblem, or flag, covered up, however they’re assembly with a number of flags.
“I’m no longer certain if we will be able to have one. It’ll be a high-end boutique resort and we will do it unflagged or flagged,” Bowden mentioned.