A bayside RV park at mile marker 99 in Key Largo is likely headed for redevelopment into a 138-unit luxury resort.
Cheeca Holdings LLC, the Jackson, Wyo. company that used to own the famous Cheeca Lodge in Islamorada, submitted an application to the Monroe County Planning Department on Feb. 2.
According to the Monroe County Property Appraiser's Office website, Cheeca Holdings bought the 12-acre waterfront property, which is now the Point of View Key Largo RV Resort, from Northstar Resort Enterprises Corp. on Dec. 17 for $11.2 million.
According to the application, Cheeca Holdings plans to construct two buildings with 66 rooms each, as well as six separate bungalows. There will also be pools, spas and retail stores. The property has a 20-slip marina.
The project does not have a name yet. Representatives with Cheeca Holdings could not be reached at press time.
Northstar always planned to turn the land into a luxury resort since buying it in the early 2000s.
In 2011, during the thick of the real estate crash, the company entered into an agreement with the county to build the RV park there, with the intention to phase in the hotel project over a 10-year period.
Northstar's plans for the property actually go back much further than that.
The company submitted a development application, then for an 89-unit resort, to Monroe County in November 2002 and received approval in summer 2003. It was then appealed by several groups until a judge affirmed the development approval in November 2004.
Northstar later submitted an amended application for the 138 units, with 12 from the existing motel on site and 126 being transferred from the Florida Keys RV Resort owned by Northstar at mile marker 106.
The Monroe County Commission granted approval in January 2007 and the development order became effective in April 2007.