A New York City-based development team plans to build 42 Hotel, a 15-story, 75-key hotel in Fort Lauderdale Beach.
The developers, who won site-plan approval for the boutique hotel development on Monday, expect to open 42 Hotel in 2027. The aim is to attract mostly leisure travelers, and charge them more than $400 a night, they said.
The developers said they plan to start clearing the development site on the northeast corner of Alhambra Street and Birch Road for construction in the fourth quarter.
Records show that a company controlled by the developers paid $2.8 million in 2022 for the development site at 3001 Alhambra Street, a short distance from the Intracoastal Waterway and the Atlantic Ocean.
The developers of 42 Hotel in Fort Lauderdale Beach are Harsh Patel and Nickul Patel, two brothers born and raised in western India, and their business partner Beau Williams. The trio owns New York City-based 42 Hotel Group.
About three years ago, they finished building their first boutique property under the 42 Hotel brand, a 60-room hotel that opened in August 2022 in the Williamsburg neighborhood of Brooklyn, New York.
Harsh Patel said he and his brother Nickul have worked the last 20 years as hotel developers and operators and currently own a dozen hotels in New York City. Most are operated independently, and some are under the Holiday Inn Express brand, he said.
The 42 Hotel brand refers to an ancient consortium of 42 villages in what is now the state of Gujarat in western India, which the brothers’ father once represented as a federal legislator. “The name means a lot to us,” Patel said. “It’s like a tribute to him and our community.”
The design of 42 Hotel in Fort Lauderdale Beach includes 67 standard rooms and eight suites, and a balcony with each room and suite. Amenities will include a rooftop swimming pool and bar, a fifth-floor reception lobby with a bar and a coffee shop, and a mezzanine-level gym.
Valet-only parking will be available in an underground garage with 47 spaces.
Fort Lauderdale zoning rules required the developers to design 42 Hotel with at least 50 parking spaces, or instead of adding three more spaces, to pay the city $137,034 prior to obtaining a building permit. The developers decided to make the payment, which equates to $45,678 for each space they chose not to build.
That was a condition of site plan approval for the 42 Hotel development, which the Fort Lauderdale City Commission granted in a unanimous vote Monday night.