Menin Development Celebrates The Grand Opening Of The Ray Hotel, Curio Collection by Hilton In Delray Beach

Hilton has announced the opening of The Ray Hotel Delray Beach, Curio Collection by Hilton, a 141-room design-focused tropical luxury hotel, located in the Pineapple Grove Arts District, in the center of downtown Delray Beach. The first ever hotel project by leading developer, Menin, features beautifully appointed guest rooms and suites with artistic accents, an expansive rooftop pool deck with a restaurant and bar, lush landscaping, a robust wellness program and state-of-the-art fitness center and immersive art installations throughout the public spaces. The hotel’s sustainable Tropical Modern architecture by González Architects, is punctuated with living walls, large-scale sculptures, and flexible private event space including the signature ‘floating glass cube’. Designed as a perfect retreat of upscale, playful yet comforting experiences, The Ray embodies tropical luxury in an urban beach town setting.

“The Ray Hotel sets a new standard for upscale, design-focused hospitality in Delray Beach and serves as a modern South Florida escape for visitors and residents of the area,” said Craig Menin, chief executive officer of Menin. “It has been a long year for everyone, and this grand opening is a monumental moment that we share with the city and all the incredible partners who have helped make this vision a reality.”

Designed by Virserius Studio, each room is spacious and well-appointed with signature Ray beds that are dressed in eucalyptus linens and for ultimate relaxation, all baths feature Frette towels and robes, Waterworks fixtures, and Byredo bath products. The modern and eclectic aesthetic is achieved from the custom-made furniture and hand-woven rugs to beadboard paneling and large pendant light fixtures throughout the space evoking an upscale beachside feel. The bright bathrooms introduce hand-carved marble wainscoting and The Ray’s all-natural signature bath amenities. State-of-the-art technology appears throughout the room from digital key entry, energy-efficient lighting controls and mobile device control for TV and room service.

“We are incredibly excited to welcome The Ray Hotel Delray Beach, Curio Collection by Hilton to our portfolio of hotels in Florida – where Hilton currently welcomes guests to 440 properties across the state, and has seen exceptional growth, with another 110 hotels in the pipeline, thanks to the market’s appeal for leisure, business and convention guests,” said Danny Hughes, executive vice president and president, Americas, Hilton. “The hotel’s central location, best-in-class restaurants and elevated amenities will inspire all types of global travelers to discover Delray Beach and experience Hilton’s signature hospitality.”

The hotel’s global and diverse culinary offerings are at the heart of The Ray experience. Curated by Clique Hospitality, the hotel features Ember Grill, a modern twist on the classic American grill style restaurant and Rosewater Rooftop, a premier lounge and restaurant where guests can enjoy shareable small plates, fresh seafood, and expertly crafted cocktails, both designed by Studio Munge. The 22,000 square-foot-space, Rosewater Rooftop, features one of the destination’s only rooftop pools accented with sweeping baldachins, oversized umbrellas, trellises, and pergolas married to a lush tree canopy providing shade and distinct lounging areas throughout the space. An artisanal coffee shop, Stingers, also designed by Virserius Studio, offers coffee, tea, and breakfast fare while the lobby bar provides a sophisticated and intimate backdrop where guests can relax and enjoy a signature cocktail, light bites, or end the evening with a nightcap. Akira Back, designed by Celano Design, set to open in December 2021, will provide a multi-sensory modern Japanese dining experience led by the Michelin-starred chef, Akira Back.

The rooftop, a 22,000 square-foot floating glass Cube, and 9,550 square-foot ground floor plaza makeup over 45,000 square-feet of indoor/outdoor event space. The property boasts a state-of-the-art fitness center, fitness classes offered by our local partners, Montana Method, Purlife, and Delray Beach Boxing Club, yoga in the Plaza or on the Cube Rooftop, available for hotel guests and locals to enjoy. For those wanting to venture out, the hotel is blocks from the famed Atlantic Avenue filled with boutique shops, restaurants and galleries and a short ride to the beach to enjoy complimentary beach cabanas on the hotel’s vibrantly dressed, complimentary Mokes, golf carts, or bicycles. The Ray has partnered with local small business Nomad Surf Shop to provide surfboard and paddleboard rentals.

“The charm and character of the community has been thoughtfully captured at The Ray Delray Beach, which is characteristic of the more than 100 unique hotels and resorts that make up Curio Collection,” said Jenna Hackett, global head, Curio Collection by Hilton. “The Ray Hotel is a great addition to our portfolio of handpicked, one-of-a-kind hotels, which continues to exude the sense of culture and personality of this delightful Florida beach town.”

The Ray Hotel Delray Beach, Curio Collection by Hilton is located at 233 NE 2nd Ave, Delray Beach, FL 33444.

The Fasano Coming To South Beach After JHSF Acquires The Art Deco COMO Metropolitan Miami Beach Hotel

The Brazil-based real estate development firm JHSF, led by Fábio Auriemo, has acquired the COMO Metropolitan Miami Beach hotel at 2445 Collins Ave. for $70 million, roughly $946,000 per key. The off-market transaction was overseen by Susan Gale of ONE Sotheby’s International Realty, who represented both the buyer and seller. The acquisition is JHSF’s first in South Florida and they plan to renovate the property and rebrand it into a Fasano.

The property features 74-keys and was first developed in 1939. It was previously known as the Traymore Hotel. It features a beach club, a ground-floor swimming pool with pool garden, a rooftop swimming pool, gym and a restaurant which is currently Traymore by Michael Schwartz.

Imagery via Susan Gale, ONE Sotheby’s International Realty

Legacy Hotel and Residences, America's First 'Covid-Conscious' Mixed-Use Tower Breaks Ground In Downtown Miami

Dan Kodsi of RPC (Royal Palm Companies) has announced the groundbreaking of Downtown Miami’s most anticipated mixed-use luxury development, Legacy Hotel & Residences coming to one of the U.S.’s most ambitious and largest private master-planned communities, Miami Worldcenter (MWC). The Kobi Karp-designed neo-futurism-inspired tower sitting on 1.3 acres, 60,000 SF, will feature 310 sold-out branded residences sitting atop a 219-room hotel, which will be managed and operated by Accor under The Morgan’s Originals Portfolio.

RPC and OneWorld Properties, led by Peggy Olin announced a $160 million sellout of its 310 residences in May, just 12 months after launching sales.

Adventist Health and Blue Zones, the organization that became famous for identifying places in the world where people live longer/healthier life spans, signed a joint venture (Blue Legacy Ventures - JV) to operate Legacy’s $100 million, 10-floor medical and well-being center in Miami, making Downtown Miami home to the world’s first Blue Zones Center. The JV is one of the largest commercial leases to be executed in Downtown Miami’s history. The joint venture is the first step in turning Miami into the next Blue Zone city.

The partnership is one of the largest commercial leases to be executed in Downtown Miami’s history. The $100 million center will occupy 10 floors and 120,000 SF within Legacy Hotel & Residences and is expected to become the most technology advanced health and well-being facility in the world, according to Adventist Health.

The groundbreaking will bring to life a first-of-its-kind ‘Covid-conscious’ development as RPC looks to expand The Center’s medical-grade features into the entire tower with air-filtration systems and touchless sanitation features such as voice-activated elevators, touchless room key access, apps that can call medical staff and UV sterilization wands for common room items. All aspects of the 50-floor tower, from the hotel rooms and residences to the five restaurants, to the design and programming, will follow Blue Zones methods and guidelines to living long and happy lives.

The center will offer teams of physicians and practitioners, an onsite lab, pharmacy, full AI-powered diagnostic center and rooms outfitted with medical gas and ventilator capabilities – this would allow the hotel to remain operational during future pandemics, ultimately becoming a refuge for travelers, owners and members, as well as a resource for the Miami community.

The luxury skyscraper will also host ground-floor retail, downtown’s largest pool deck set on one acre, the city’s first enclosed seven-floor rooftop atrium with a restaurant bar and lounge, the city’s first Singapore-inspired cantilevered pool soaring 500 feet in the sky, and a members-only international business lounge.

Legacy’s MICROLUXE® residences range from 350 SF to 850 SF with studios to two-bedroom units, offering the functionality of a micro-style home with the high-quality design and superior finishes of an elite condominium.

Former Owner of Club Space Acquires South Beach Multifamily In South of Fifth For $5.567 Million

Louis Puig, the former owner of Club Space, has acquired a multifamily property in Miami Beach’s South of Fifth neighborhood and plans to convert the space into a boutique hotel. Puig payed $5.567 million for 333 Jefferson Ave., a gated 24 unit multifamily property which was developed in 1939. The multifamily property sits on two lots spanning .32 acres. The current structure is 12,371 SF but zoning allows for over 21,000+ SF.

Susan Gale & Serena Joaquim with ONE Sotheby's International Realty represented the seller, 333 Jefferson Holdings. Gema Ruiz of Cedano Realty Advisors and Jose Maria de Guzman represented Puig, the buyer.

Puig plans to renovate the property and will offer a mix of studio, one-bed and two-bed units licensed for short-term rental.

For more information about commercial sales or leasing in South Beach, private showings or availability/ pricing information please fill out the form below:

Allen Morris Company's AMS Hospitality And Black Salmon Joint Venture Acquire Circa 39 Hotel In Miami Beach For $25.5 million

AMS Hospitality, the affiliate hospitality group of The Allen Morris Company, and Miami-based national commercial real estate investment firm Black Salmon have acquired the 97-key Circa 39 Hotel in Miami Beach for $25.5 million. Located at 3900 Collins Avenue, the Art Deco-style Circa 39 Hotel is across from the iconic Miami Beach boardwalk and housed within two buildings, which include a surface lot across the street. Melissa Rose of JLL Capital Markets arranged the financing for the acquisition. The transaction was overseen by Samuel Heskiel of Beachfront Realty and Miguel Pinto of Apex Capital Realty.

The asset will undergo a multimillion-dollar renovation which will reposition it as an upper-upscale, independent lifestyle hotel with a reimagined pool deck and new internationally recognized food and beverage concepts. It is strategically located in the growth path of mid-Miami Beach. Highgate, a leading real estate investment and hospitality management company in the U.S., Caribbean, and Latin America, has been selected to provide property management services for the hotel.

“The acquisition of Circa 39 Hotel is an extremely positive step in the evolution of AMS Hospitality,” said W. Allen Morris, Chairman & CEO of The Allen Morris Company and Principal of AMS Hospitality. “We are delighted to once again be partnering with Black Salmon, as our joint teams continuously explore new opportunities.”

The acquisition of the Circa 39 Hotel marks the most recent acquisition for the group as part of its plans to acquire $300 million in hospitality assets across the U.S. The two firms have additional assets under contract throughout the southeast United States. The partnership between AMS Hospitality and Black Salmon leverages the key strengths and expertise of both firms across the disciplines of acquisitions, asset management, and capital raising.

“Miami has always been a target market of ours for investment given its long-standing, global recognition as a preferred travel destination, now reinforced by its ability to rebound quickly in the pandemic.” said Jorge Escobar, managing partner and co-CEO of Black Salmon. “Our strategy of identifying boutique, select-service hotels allow us to provide the capital to reposition the property, increasing revenue and elevating the guest stay.”

With increasing vaccination rates nationally, and South Florida’s easing of COVID-19 restrictions, the return of leisure travel is evidenced by rising hotel occupancy rates. Miami is among the top 35 hotel markets in the country and has become a popular destination for travelers from the Southeast, Midwest, and California.

AMS Hospitality has a billion-dollar acquisition and development pipeline including the recently completed $87 million UNC Charlotte Marriot Hotel & Conference Center in North Carolina and the under construction Kimpton Midtown Union Hotel with MetLife in Atlanta. Black Salmon has a nearly half a billion-dollar portfolio, which includes prime office, senior housing, and hospitality assets.

'Le Rouge Lounge' Cabaret-Themed Nightclub Opens At Moishe Mana's Mana Wynwood Campus

Le Rouge Lounge, a new luxury, cabaret-themed nightclub, opened June 11 at a new event venue in Moishe Mana’s six acre Mana Wynwood campus. Mana Wynwood’s new event venue , which is located across from the Mana Wynwood Convention Center, is a French-inspired live entertainment venue which is the only Miami nightclub with a 360-degree, DJ "in the round" experience.

Led by MANA Common, the Convention Center is also undergoing a series of renovation include increasing the fiber optic capability, enlarging the entryways, adding more public restrooms, and improving service corridors and loading docks. The updates will also improve the flow of attendees and allow the Convention Center to better accommodate events. The renovations are expected to be completed by November.

“We see Wynwood as a prime destination for arts, culture and entertainment,” says Moishe Mana, CEO of Mana Common. “Events are key to breathe life into a neighborhood and sustain its vibrancy. We’re looking forward to unveiling these new improvements that facilitate social and cultural exchanges.”

“Mana Wynwood is a symbol of Miami’s arts and entertainment culture,” says Bruce Fischman, Wynwood Business Improvement District (BID) Board Member, Senior Advisor to Moishe Mana and Mana Common General Counsel. “We’re excited to present renovations that contribute to the neighborhood’s evolution and offer an improved cutting-edge experience to residents and visitors.”

Sam Nazarian's New Dining And Delivery Platform C3 Hospitality Inks Lease For 10K SF In CocoWalk

Hospitality mogul Sam Nazarian’s new dining and delivery platform C3 Hospitality is coming to Coconut Grove after inking a lease at CocoWalk. The innovative dining hospitality platform will occupy 10,000 SF at CocoWalk, located at 3015 Grand Avenue in Coconut Grove, and is expected to open in 2022. C3 Hospitality will have an office where they will operate the newly launched CitizensGo app as well as a test kitchen and culinary space.

CocoWalk recently underwent a full redevelopment led by Federal Realty Investment Trust with partners The Comras Company and Grass River Property. CocoWalk is four-stories tall and features 150,000 SF of prime retail, dining and entertainment space. The property’s east end also includes Class A office space.

Nazarian is the founder of SBE, the hotel and hospitality brand behind the SLS, Delano, Hyde and Mondrian hotel brands as well as Katsuya and Fi’lia restaurant brands, amongst others; but recently sold his remaining share of ownership to Accor.

C3 Hospitality operates a variety of initiatives including ghost kitchens, food halls and fast casuals which bring together a selection of proprietary brands around multiple distributions points for fast delivery. In Coconut Grove C3 Hospitality will operate the newly launched CitizensGo app which allows users to order directly from a selection of curated restaurants which are all located in the same location in a single shopping cart/ order to save on delivery fees and offering the ability to mix-and-match from different eateries. C3 Hospitality’s concepts include Umami Burger, Krispy Rice, EllaMia, Plant Nation and Sam’s Crispy Chicken.

E11EVEN Hotel & Residences The First Pre-Construction Development To Accept Cryptocurrency For Condo Deposits

Miami really is becoming the Crypto City as E11EVEN Hotel & Residences has become the first development to accept cryptocurrency for condominium deposits in pre-construction projects. E11EVEN Hotel & Residences is under development by PMG, led by Ryan Shear and Kevin Maloney, and E11EVEN Partners, led by Michael Simkins, Dennis Degori, and Marc Roberts. The luxury high rise coming to Downtown Miami’s Park West district is on track to be the city’s fastest-selling condominium in the last decade. The announcement comes just ahead of the Bitcoin 2021 conference in Miami, of which E11EVEN Hotel & Residences is a sponsor.

“We are thrilled to join powerhouses like Goldman Sachs that are embracing cryptocurrency as a focal point of future commerce,” said Ryan Shear, Managing Partner of PMG. “Our goal is to lead the real estate development and hospitality industry in implementing modern technology, and accepting digital currency is one more way we’re doing that.”

As cryptocurrencies create immense worldwide wealth and become increasingly mainstream, E11EVEN Partners and PMG sees it as an auspicious time to capitalize on the digital currency market. A consistent trailblazer in the real estate industry, the company expects other developers to follow suit. E11EVEN Partners announced in April that it is accepting cryptocurrency for transactions at its globally renowned nightlife venue, E11EVEN Miami.

Buyers can use cryptocurrency to place deposits on the remaining units at E11EVEN Hotel & Residences. The project, which will break ground later this year, has garnered both domestic and international interest, including many celebrities, athletes, and executive buyers. Among them are WNBA player Candace Parker, ESPN co-host Sage Steele and MMA fighter Luke Rockhold. Residences start at $300,000 and include studio, one, and two-bedrooms, as well as a limited Penthouse Collection and two Presidential Suites.

“As more of the world's wealthy individuals manage their capital through cryptocurrency, we're providing buyers an opportunity to sustain their wealth,” said Michael Simkins of E11EVEN Partners. “With Miami leading the way as a cryptocurrency capital, we’re thrilled to offer this option as a method of payment.”

In total, E11EVEN Hotel & Residences Miami comprises 375 fully furnished residences. Each unit comes equipped with fully integrated “smart building” features and 24/11 style amenities. Residents will enjoy an electric LED fireplace in their living room, fully built-out closets, custom Italian kitchens, a signature Home Essentials Package, and an E11EVEN Resident Membership Package. The building is slated for completion in 2023.

For more information about E11EVEN Hotel & Residences, private showings or purchasing/ leasing information please fill out the form below:

Black Lion Investment Group Acquires Bayfront Amara at Paraiso Property For $12.1 Million From Related Group

The Los Angeles-based Black Lion Investment Group has acquired the trophy waterfront restaurant building Amara at Paraiso, located at 3101 NE 7th Ave., from Related Group. The deal was overseen by Fabio Faerman and Sebastian Faerman of FA Commercial with Fortune International Group, who represented both Black Lion and Related Group in the transaction. Amara at Paraiso is a 12,300 SF commercial property and is one of the only free-standing restaurants in Miami located directly on Biscayne Bay. James Beard Award winning chef Michael Schwartz’s Genuine Hospitality operates the popular indoor-outdoor dining space.

“We are thrilled to be a part of the vibrant retail and fine dining experiences that are making Miami the go-to destination in a post COVID-19 world. We believe this is the first step in a multi-faceted approach to creating new experiences within the Miami community,” said Robert Rivani, President of Black Lion Investment Group.

The unique Class A experiential retail and dining facility was built by Related Group as part of the 11-acre Paraiso District, which the development firm delivered in 2018. The Paraiso District consists of the 384-unit Paraiso Bayviews, the 357-unit Paraiso Bay, the 317-unit Gran Paraiso, the 276-unit One Paraiso, and seven standalone townhomes at Paraiso Bay Homes.

Black Lion Investment Group’s portfolio of properties in Florida includes the recently renovated Crystal Cove Commons and Brickell Bay Boardwalk. The Los Angeles-based firm recently acquired the Tucson luxury retail center Oracle Wetmore for $38 million.

Imagery via Genuine Hospitality Group

For more information about commercial sales or leasing in Edgewater, private showings or availability/ pricing information please fill out the form below:

E11EVEN Hotel & Residences One Of Fastest Selling Projects Ever In Miami, Now Over 70% Sold In 3 Months

E11EVEN Hotel & Residences in Downtown Miami’s Park West neighborhood has become one of the fastest selling projects ever in Miami as the hotel-condo tower has surpassed 70% sold since launching sales in January. E11EVEN Hotel & Residences is being developed by E11EVEN Partners and Property Markets Group (PMG). The project is set to rise 65-stories at 29 NE 11th Street with groundbreaking expected in late summer 2021.

E11even Partners is led by Michael Simkins, Marc Roberts, and Dennis DeGori, who own the neighboring E11EVEN Nightclub. PMG is led by Managing Partners Ryan Shear and Kevin Maloney.

E11EVEN Hotel & Residences is designed by Sieger Suarez with interiors by AvroKo. The project will feature 375 fully furnished condo-hotel units which range in size from studio to two-bedroom floor plans; in addition, there will also be a Penthouse Collection complete with two Presidential Suites which will each feature a private indoor pool. Units will come equipped with a contemporary lighting package, including recessed lighting, dimmers, and lighting control; an LED (or water-based) fireplace in the living room; built-inwasher and dryer; and a signature Home Essentials Package, which will include silverware, glassware, linens, sheets, and towels.

Buyers will be able to either choose to live in their unit or put the unit into a hotel program. Sales are being overseen in-house with pricing starting at $385,000.

E11EVEN Hotel & Residences also features a full-suite of turbocharged amenities including a members-only rooftop pool, bar and restaurant dubbed Level 65; a Deepak Chopra-designed spa with meditation room and yoga studio; gourmet food hall; state-of-the-art fitness center; an 8,000 square foot sports lounge; living room lounge with music studio, and an 11th floor 20,000 square foot multi-level E11EVEN Day Club and Pool which will feature cabanas, plunge pools and a 2,000 square foot resort-style pool. Guests will also have access to transportation to and from the E11EVEN Beach Club which will be located on the beach in South Beach’s South of Fifth neighborhood.

For more information about E11EVEN Hotel & Residences, private showings or purchasing/ leasing information please fill out the form below: