A new $12 million hotel will be built on Ponce de León Ave. in San Juan’s Puerta de Tierra sector, featuring some 200 rooms at competitive rates, this media outlet confirmed.

Construction of the 10-story hotel will begin in mid-2020 and will be completed in 2022, said Eduardo Oliver-Polanco, the engineer in charge of the project on behalf of developer Rebuild San Juan Puerta de Tierra LLC.

The property will be located on the corner of Raphy Leavitt Street and Ponce de León Ave. almost halfway between the Sheraton Old San Juan and the Caribe Hilton hotels.

“We’re trying to make it a middle-class, three-star hotel,” he said. “We’ll be demolishing most of the structures that are in the 2,269 square-meter lot but there’s a building there that has a 1940’s façade, which we’re going to try to keep so there’s harmony with what’s in Puerta de Tierra.”

The building will feature a reception level with a bar/restaurant, nine floors of hotel rooms, and two semi-basements where the developer plans to put a gym and commercial retail spaces for lease.

The hotel project has been in the works for several years and was halted for eight months after Hurricane María struck in 2017, Oliver-Polanco said.