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Toronto Developer Establishes Beachhead in Florida

Westdale Properties Joins King Street, Cedar Capital to Purchase Shelborne South Beach Hotel in Miami Beach
The Shelborne South Beach Hotel has sold to a Toronto developer and two American partners. (CoStar)
The Shelborne South Beach Hotel has sold to a Toronto developer and two American partners. (CoStar)
CoStar News
February 4, 2020 | 3:05 P.M.

Toronto developer Westdale Properties is teaming up with two U.S. developers and paying 120 million U.S. dollars for a hotel in Miami Beach, Florida, in the area's famed art deco district.

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