July 17, 2015 by Sara Matthis
Developer Pritam Singh turns in preliminary design. One-hundred and ninety-nine rooms and suites are proposed for the redevelopment of Knights Key at the west end of Marathon. It would take the place of the current RV park and rival any luxury resort in the Florida Keys with an onsite restaurant and bar, stand-alone reception building, a couple of gyms, marina and watersports concession and a huge pool and lazy river. Yes, a lazy river. Developer Pritam Singh has already submitted the preliminary plans to the City of Marathon, spoken with many of the councilmen, and even vetted the project with a few of the neighbors.
The lobby area opens onto a pool and lazy river located in the center of the property, with the nine accommodations buildings ringing the property, each with a water view and private balcony. The drawings show a Conch style architecture complete with decorative shutters and railings, similar to the look of Tranquility Bay, also a Singh project. The resort will feature a restaurant and bar, a marina with 24 slips and a watersports concession.The plan also calls for workforce housing to accommodate 30, built on-site. According to Marathon Planning Director George Garrett, the site already has sufficient TRUs, or building rights associated with each room.
The most recent property listing puts the asking price at about $28 million and its unknown how much the whole project would cost to build but some are speculating that it will be close to $200 million. Already, some locals are speculating the landscaping alone would cost about $5 million. The sale of the property is contingent on the project approval. The project will be reviewed by the City of Marathon’s Planning Commission at the Aug. 17 meeting and go before the council shortly thereafter for the approval.