$7.5M St. Pete Beach luxury hotel renovation nearly done

The work, which is due to be finished in the fall, will change the boutique property into a four-star luxury hotel.

  • By Louis Llovio
  • | 2:00 p.m. August 5, 2024
  • | 0 Free Articles Remaining!
Minneapolis developer paid $38 million for The Hotel Zamora and plans to transform it into 4-star luxury hotel.
Minneapolis developer paid $38 million for The Hotel Zamora and plans to transform it into 4-star luxury hotel.
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  • Tampa Bay-Lakeland
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Minnesota-based real estate developer Sherman Associates says work on a $7.5 renovation project at the Hotel Zamora on St. Pete Beach is expected to be done this fall.

The company, which bought the hotel at 3701 Gulf Blvd. for $38 million in 2022, says the work includes major upgrades to pieces of the property as well transforming an adjacent former bank branch it also bought into a wedding venue.

The company says the changes to the property will elevate it into a 4-star luxury hotel.

 

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