MIAMI—It's sort of like a South Beach hotel, except it's much further north. The Gale Boutique Hotel & Residences, one of the strongest examples of Mid-Century Modern, or MiMo architecture on Fort Lauderdale Beach, is set to open in late 2016.

In a joint venture with Fort Lauderdale real estate investor Dev Motwani's Merrimac Ventures, Newgard Development Group and Menin Hospitality are remaking this historic 96-room hotel and building a 128-unit luxury condo right next to it. It's all happening at 2900 Riomar Street, just steps away from Fort Lauderdale Beach and Intracoastal Waterway.

“Fort Lauderdale Beach is a hidden gem along the Florida coast and we've identified one of the neighborhood's best redevelopment sites for the Gale Boutique Hotel & Residences,” says Harvey Hernandez, Newgard's chairman and managing director. “Best of all, we're incorporating all that the Gale stands for from a branding, lifestyle and amenities standpoint into the project's condo component. That's a powerful combination that will appeal to domestic and international buyers alike.”