Ian Schrager’s Miami Beach Edition: A Hotel Development Project With Private Residences And More
It has been nearly 18 years since the famous hotelier Ian Schrager made a name for himself in the world
of real estate as he transformed the Delano which is located within the neighborhood of South Beach in
Now, Schrager is back with yet another development project which is expected to be more remarkable
than ever before as he brings about the Miami Beach Edition, a new development project he is working
on alongside Marriott International.
The development project is set to debut in the early part of 2014 at the site of the old Seville Beach
hotel at 2901 Collins Avenue. It will bring together a nightclub, first-class restaurants, a bowling alley,
skating rink, and 26 luxury residences designed by John Pawson which will be found on the tenth and
eleventh floors of the 11-story building where 250 hotel rooms will also be located.
The goal of bringing together a selection of hotel rooms and private residences is to provide people from
all around the world with a sense of ease when it comes to living the Miami Beach lifestyle. It aims to be
among the finest hotel and residential property options within the city that even Schrager himself is set
to become the proud owner of one of the private residences within the building.
As early as now, the anticipated price per square foot for the units will be around $3,000 which makes it
among the most expensive Miami Beach condos on today’s property market. The private residences are
expected to range from, one-bedroom, two-bedroom, three-bedroom, and four-bedroom units.
While people will have to wait a while before the development project reaches completion, many are
looking forward to the outcome, especially since it is going to be among the top real estate options in
the entire city.
When it comes to the developer’s take on things, Schrager has mentioned feeling confident about his
prospects for the Miami Beach Edition as he believe that the city is now entering a new phase which is
already showing such promising potential.
Miami Beach is definitely a city that has earned its reputation for having world-class white sand
beaches and a phenomenal atmosphere, but things are changing as the city is no longer just a vacation
destination as more and more people are now seeking the best real estate opportunities which will
enable them to make life within the city a lifestyle choice they can experience for many years ahead.