Starwood Capital Group, the LeFrak Organization and Invesco have introduced a dramatic new residential project on Miami Beach, Florida (USA): The 1 Hotel & Residences South Beach.
The units will sit atop the 1 Hotel, a 417-room hotel to be operated by SH Group, Starwood’s hotel management company. The new brand, 1 Hotels, will celebrate nature and is being designed and will be operated with a firm eco-conscience. 1 Hotels was developed by the creative hotel genius of Starwood Capital Group Chairman and CEO, Barry Sternlicht, the former Chairman and CEO of Starwood Hotels & Resorts and creator of the widely successful W Hotels and St Regis hotel brands.
Barry Sternlicht is combining his talents with The LeFrak Organisation’s extensive real estate development expertise to bring to Miami a truly extraordinary property. Located at 2399 Collins Avenue, on the site of the hotel formerly known as The Gansevoort South, the new 1 Hotel & Residences South Beach will be among the first of the 1 Hotel branded residential properties and will introduce a healthy lifestyle living concept centered around nature and sustainability.
This visionary collaboration is investing in excess of $100 million to transform the existing 1970’s structure into a LEED certified, environmentally conscious structure featuring stunning natural materials and finishes and lush landscaping. Most 1 Residences South Beach will offer beautiful panoramic views of the Atlantic Ocean overlooking the property’s 600 linear feet of beachfront. The project will include 163 residential units, available in 1, 2, 3 and 4-bedroom layouts, as well as amazing duplexes, that will range in size from 830 to 4,280 square-feet. The entire property and the residences have been retrofitted with new energy efficient casement windows and sliding glass doors onto private terraces and each unit will be equipped with ENERGY STAR® qualified appliances.
Award-winning Brazilian designer Debora Aguiar has been responsible for creating a fresh, unique design for the residences and its common areas that resonate with the brand’s core sustainable ethos. Residents of 1 Hotel & Residences South Beach will enjoy a collection of superior amenities, namely four ocean view swimming pools including its famous roof top pool as well as one of the largest pools in South Beach, a greater than 40,000 square foot spa and fitness centre, superb restaurants, unique shopping, and 24-hour in-home dining and concierge services. Occupants may equally take advantage of 600 feet of beachfront complete with private beach amenities.
The property is located next door to the W South Beach and two blocks from The Setai hotel and Residences in a neighborhood rich in retail, restaurants, culture and entertainment. It is only a short walk from the wealth of shopping and dining options on the famed Lincoln Road Mall and from the Frank Gehry-designed New World Center and the Bass Art Museum. It also provides easy access to gallery-lined streets in the Wynwood Art District and world-class shopping in Miami’s Design District.
An on-site sales centre is set to open this summer with residential units priced from $650,000 to over $6.5 million.
For more information, please visit www.1hotels.com/southbeach