“It was clear to us and the research we did that this was a very special location — very affluent local suburb, attracts a very affluent international audience,” said Paul James, global brand leader for St. Regis, part of Starwood Hotels & Resorts. “It was among the best beachfront locations we had in our portfolio anywhere.”
The $1 billion development, which includes a 243-room hotel and two residential towers, took six years of planning, demolition and construction. Starwood, a global company with a market capitalization of nearly $1.8 billion, financed the project and owns the finished product.
The hotel brings the region’s first restaurant from star chef Jean-Georges Vongerichten, J & G Grill, and its signature butler service. About two dozen butlers will serve on a staff of 500.Their jobs include everything that make a guest feel at home, unpacking or packing luggage, drawing shades, delivering coffee.
The location, right across the street from the famed and exclusive Shops of Bal Harbour, a pedestrian shopping centre that boasts the Who’s Who of Couture Fashion and accessories.
For those who want to do more than visit, the St. Regis development includes 255 condo units in two residential towers, ranging from two to five bedrooms at prices between $1.9 million and more than $10 million. Over 70% of the project is sold out but there are still some amazing properties left for sale. The bulk of these are residences but there are few condo-hotel units for those interested in obtaining an income in their absence. If you are interested in knowing more about the St Regis project, please send us a note here.
For those who have a discerning lifestyle with a focus on fashion, culture and food, the St. Regis is the ultimate address.
About The Golan Team: The Golan Team is a team of Realtors focusing on Luxury Waterfront and Oceanfront Properties. With over 17 years of combined experience, we are here to help you purchase, sell or lease condos, single family homes or investment properties. The Golan Team has successfully listed and sold luxury properties and specialize selling in Miami Beach, Bal Harbour, Sunny Isles Beach, Aventura and Hollywood Beach. To contact us please call (001) 786-333-6200 or email us at info@golanteam.com
1 comment:
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