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About: EPIC Miami Residences and Hotel     Goto   Sponge   NotDistinct   Permalink

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EPIC Miami Residences and Hotel was a two-building condo-hotel to be constructed in Miami, Florida by Lionstone Hotels and Resorts. Only the first phase, Epic Hotel & Residences was built. Lionstone bought the former DuPont Plaza Hotel in August 2001 with the intention of renovating it at a cost of $80 million, but instead demolished it between April 2004 and January 2005. The second phase was cancelled during the recession, and the land was sold at a record unit price of $100 million per acre, at $125 million for the 1.25-acre (0.51-hectare) lot.