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Ft. Lauderdale’s Pier 66 sells, marina is business as usual

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By Dorie Cox

When a resort property sells, yacht captains and crew seek confirmation that existing marina facilities and docks will remain available, as in the case of the recent sale of the Hyatt Regency Pier 66 in Ft. Lauderdale. Former owner Blackstone Group sold to Tavistock Group of Orlando in December for a reported $163.27 million.

Located near Port Everglades, the iconic hotel tower, designed by Richard F. Humble (a follower of Frank Lloyd Wright), is recognized by the 66 spikes on top of the now-closed rotating restaurant. Originally developed in 1957, the property has 384 guestrooms and a 127-slip marina.

Kevin Quirk is vice president of operations at the marina and said he feels confident that the marina will remain status quo.

“I’m staying on and there are no changes in the marina,” Quirk said. “There are no plans yet. We just closed on the property in the beginning of December, so they’re studying it.”

Tavistock was founded by Joe Lewis, owner of the 223-foot Abeking & Rasmussen M/Y Aviva and Albany, a resort community on New Providence in The Bahamas. Albany Marina has 71 slips for yachts up to 300 feet. Lewis’ newest vessel, a 321-foot Abeking & Rasmussen, launched in mid-January and is expected for delivery this summer.

Plans for the Pier 66 property include the addition of 58 residential units spread across two 11-story towers and more than 30,000 square feet of retail and office development, according to the Tavistock website. Interstate Hotels & Resorts will continue to manage the hotel and marina, according to news reports.

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About Dorie Cox

Dorie Cox is editor of The Triton.

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