
Plans are underway for an iconic Miami Beach hotel and bar to be replaced with a high-end restaurant and affordable housing units, the building's owner announced.
The changes being submitted soon to the city of Miami Beach include a development with 40% of the units designated as affordable and a maximum of height of 30 stories, the Jesta Group, which owns the Clevelander Hotel and Bar on Ocean Drive, said in a press release Thursday. The group also owns the adjoining Essex Hotel.