Tru Hotel by Hilton Coming to Miramar
Centennial Bank provided a $10 million construction loan for the project
A new Tru by Hilton hotel will soon be coming to Miramar after Centennial Bank approved a $10 million loan to finance the constriction of the property. The financing gives Tru at Miramar LLC, managed by Dilip Patel, CEO of Dania Beach-based DP Hotels, the ability to develop the 97-unit, over 46,334 square-foot hotel at 14575 SW 27th Way. DP Hotels purchased the 1.9-acre vacant site from Progressive Casualty Insurance Co. Their development team has hired Coastal Choice Construction as the general contractor for the project. J.C. de Ona, Southeast Florida Division President of Centennial Bank and Giselle Bayona, Senior Vice President and Senior Commercial Loan Officer of Centennial Bank, helped broker the deal.
The proposed location features a heavy corporate presence, with Spirit Airlines, United Data Technologies, ADT and Fanatics having offices within a few miles of the proposed hotel. Hilton’s Tru Hotel brand is a “millennial” focused concept offering a simplified and spirited approach for business and leisure that aims to provide a lively hotel staple to the corporate area. It will include an outdoor pool, expansive conference room, multifunctional fitness center, light meal options, a 97-spot parking lot and fast Wi-Fi.