Dan Ruck - South Florida Business Journal
From the August 24, 2001 print edition
A four-star hotel that will replace most of what is now Pelican Beach Resort at the north end of Fort Lauderdale's
beach is the latest project to be announced along that popular strip of South Florida oceanfront.
The Pelican Beach Hotel will have 168 rooms and rise to 12 stories above 400 feet of oceanfront at 2000 N. Atlantic
Blvd., said Stephan Kruse, owner of the development company, Oceanside Properties. He wouldn't disclose construction
costs for the project, but it's scheduled to start next April with the demolition of eight of the aging hotel buildings
at Pelican Beach. A ninth building containing 25 already-updated hotel units will remain, Kruse said. Financing
has not been secured.
Fort Lauderdale beach has been the focus of development activity and speculation for years, but the short-term
prognosis among some hotel experts and market analysts is mixed as certain projects have been forced to reconfigure
development plans.
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