$25 Million Renovation, Retail Leasing Underway for Iconic NoDo Neighborhood Hotel
TAMPA, Fla. (June 28, 2022) – 1754 Properties, LLC, an institutional owner, operator and lender of hotels and other real estate based in South Florida, is pleased to announce that Tampa’s iconic Floridan Palace Hotel will be joining the Tapestry Collection by Hilton brand. As part of a major rebranding process, the 212-room property, with over 14,000 square feet of meeting space, will undergo a comprehensive $25 million renovation and be positioned as one of downtown Tampa’s most upscale hotels. Located at 905 N. Florida Avenue in the booming North Downtown neighborhood locally known as NoDo, the 19-story hotel opened in 1926 as the tallest building in Tampa. In keeping with the historic property’s new brand and status as a Tapestry Collection hotel, 1754 Properties has secured Jane Finkel Levin, President of Levin Investment Realty, as retail leasing broker for the project.
“The Tapestry Collection by Hilton brand is a natural fit, giving our guests the consistency, reassurance and benefits of Hilton’s reservation system, rewards program, and globally recognized brand, but also preserving the unique, independent hotel experience so many modern travelers value,” said Joe Smith, CEO of 1754 Properties. “As the renovation moves into full swing, we’re excited to have Levin Investment Realty working to build a retail presence that supports and reflects the Floridan’s spirit.”
According to Smith, as the appointed retail leasing broker, Jane Levin is curating a collection of boutique-style retailers, restaurants and other services that will become amenities to the historic hotel and the thousands of residential units and offices that have grown up around it in the last decade. With more than 45 years of experience as a commercial real estate broker and consultant and the founder of Levin Investment Realty, Levin works with a number of expanding independent restaurant and retail groups and is the retail leasing broker for several mixed-use developments, including boutique hotels.
“Jane’s very creative in her positioning of properties in the marketplace and has been a force in retail leasing in Tampa for 20 years,” said Alexander Galewicz, one of the principals of 1754 Properties. “With the locations fronting Florida Avenue, new retailers will benefit from the more than 25,000 vehicles that pass by each day and the hundreds of new residences being developed around the hotel by top quality developers.”
For more information on retail leasing opportunities, contact Jane Levin at (813) 997-6004 or via email at email@example.com.
For more information on the Floridan Palace Hotel, visit FloridanPalace.com or call (813) 225- 1700.
About Tapestry Collection by Hilton
Tapestry Collection by Hilton is a portfolio of 75 original hotels that offers guests unique style and
vibrant personality, and encourages guests to explore the local destination. With plans for global
expansion, every Tapestry Collection property is united by the reliability that comes with the Hilton
name, in addition to the benefits of the award-winning Hilton Honors program. Experience a positive
stay at Tapestry Collection by Hilton by booking at tapestrycollectionbyhilton.com or through the
industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton
channels have access to instant benefits. Learn more about Tapestry Collection by Hilton at
newsroom.hilton.com/tapestry, and follow the brand on Facebook, Instagram and Twitter.
About 1754 Properties LLC
With offices in Mexico City and Weston, Florida, 1754 Properties LLC is an institutional owner, operator and lender of hotel and multifamily properties in Mexico and the United States. The company focuses primarily of larger full-service hotel properties where it can implement its value-add operational, branding and renovation strategies. The principals have owned hotels for more than 20 years and have had a wide range of investors, including international private equity funds, corporate pension plans of Fortune 500 companies, public pension plans, endowments, and family offices of some of the wealthiest high-net-worth investors in the world. 1754Properties.com
About Triangle Capital Group
Founded in 2009, New York-based Triangle Capital Group is a private real estate investment firm that focuses on special situations in both equity and debt. Since inception, Triangle has completed more than $2 billion of acquisitions and actively manages over 3.8 million square feet in multiple asset classes and over 5,000 multifamily and hotel units across 17 states. Trianglecap.com