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Sian Ocean Residences & Resort Sian Ocean Residences & Resort will ultimately include 5 buildings on a 10-acre tract between the ocean and the Intracoastal Waterway in Hollywood. This $400 million
project will include condos, condo-hotel units and a waterfront yacht club. The
1st phase of the project will include the conversion of the tower
you sell below as well as the conversion of the Ambassador Hotel to
condo-hotel units. The 2nd
phase will include the construction of a condominium building, a new
condo-hotel and luxury villas. The
buildings on the Intracoastal will connect to the Oceanside building by a
pedestrian bridge. The
1st phase of the project, which is about to begin, includes: The
renovation and conversion of 4001 S. Ocean Drive, an existing 16-story
apartment building. This building
consists of 221 units total. Units
are 1 and 2 Bedroom condos
ranging in size from 812 to 1,355 s.f. and in price from the
$300,000s to $1 million. The
units will have features such as floor-to-ceiling glass doors, curved private
balconies, ceramic tile flooring and high-speed Internet access. The building will have a porte-cochere entrance, fitness
center, aerobics room, pool, business center, valet and concierge service. The conversion to a condo-hotel called Sian Yacht Club Residences & Resort. The 10-story existing building will be converted to 209 units ranging in size from 431 to 907 s.f. Pricing will range from the $200,000s to the $300,000s. These units will be fully furnished and will feature flat-screen tvs, porcelain tile, a tumbled stone shower, granite countertops, wood cabinetry and high-speed Internet access. The building will have a pool, meeting space, beach club, room service, restaurant and bar, boardroom, fitness center and concierge service. Renovations
and upgrades are expected to be completed in 3 to 6 months for the Ocean Front
Tower and 12 to 16 months for the Intracoastal Tower.
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