Triangle Capital Group
Tampa’s Iconic Floridan Palace Hotel Purchased by Affiliates of 1754 Properties
1754 Properties LLC | October 11, 2021
Tampa, FL – October 11, 2021 – 1754 Properties, LLC, an institutional owner, operator and lender of hotels and other real estate based in Weston, Florida, has announced its acquisition of the 212-room Floridan Palace Hotel in downtown Tampa in partnership with Triangle Capital Group. The sale was completed Oct. 7 and includes the 3/4-acre parking lot site at 505 E. Taylor Street in Tampa’s North Downtown neighborhood, locally known as NoDo. The NoDo area has become the epicenter of culture and nightlife in downtown Tampa with a growing collection of popular bars, clubs, restaurants, and attractions, including the Straz Performing Arts C...