IN THE PRESS
Auberge Beach Residences and Spa to bring world-class beachfront luxury to Fort Lauderdale. The Related Group and Fortune International Group have partnered with The Fairwinds Group to develop Auberge Beach Residences and Spa, a 171-unit beachfront condominium on 4.6 acres at 2200 N. Atlantic Blvd. in Fort Lauderdale, the former site of Ireland’s Inn Beach Resort. The two-building project, with units ranging from 1,500 to 5,000 square feet and priced from $1.5 to $9 million, will be managed by luxury hotel operator Auberge Resorts Collection and feature a world-class spa, restaurant, indoor-outdoor lounge, swimming pools and gardens.
Fort Lauderdale, Fla., a city once popular with spring-break revelers, is in the midst of a comeback. This time it is attracting investors willing to pay hefty sums to acquire or develop commercial real estate or land for new residential development. The city has long been viewed as a stepsister to its flashier neighbor 30 miles to the south, Miami. But as Miami’s construction boom has shifted into overdrive, investment dollars are spilling over into nearby cities, including Fort Lauderdale.
For at least a few years now, many of us have wondered what was going to become of the old Ireland’s Inn site on Fort Lauderdale Beach. But one couple here in Harbor Beach, Andy and Kathy Mitchell, with roots to the iconic site, have actually known for a while now what was going to happen with it…and recently announced exciting plans for the site to become the new Auberge Beach Residences and Spa, a one-of-a-kind luxury residential development to be built on the oceanfront site on Fort Lauderdale Beach.
Jorge Pérez is making good on his proclamation in SFBW's first cover story that he was ready to launch sales at the former Ireland’s Inn property in Fort Lauderdale.Auberge Resorts Collections, known for properties such as Calistoga Ranch in Napa Valley and Hotel Jerome in Aspen, will manage a new 171-unit beachfront condominium property on the Ireland’s site for Pérez’s Related Group, Fortune International and Fairwinds LLC. The project is expected to break ground in 2015 and open in 2017.
Resort living is coming soon to Fort Lauderdale by way of the Ireland's Inn property. Ask a seasoned Fort Lauderdalian about the Ireland’s Inn Beach Resort, and they’ll relay snippets of its history, personal memories even. Built in 1965, the property is a family heirloom. In 2004 it was acquisitioned by the Fairwinds Group, founded by Andy Mitchell and his wife Kathy Ireland Mitchell, whose family owned and operated Ireland’s Inn for decades before.
You can call it a comeback. Over the past several years, the Miami real estate market has gone from serious lows (thousands of unsold condos, for example) to serious highs (the in-contract rooftop penthouse of the Faena House that will reportedly sell for a record $60 million).The new development side is also exciting; in Greater Downtown Miami alone, nearly 18,000 units across 70 towers have been proposed since 2011, according to CraneSpotters. Here’s what else is happening.
FORT LAUDERDALE,FL-Related Group continues its roll northward,working with Fortune International Group to develop yet another beachfront property. This time,the companies are partnering with Fairwinds Group of Fort Lauderdale to build a luxury project dubbed Auberge Beach Residences and Spa. The 171-unit,two-tower project sits on a 4.6-acre site that was once home to Ireland's Inn Beach Resort. Auberge Resorts Collect on is managing the spa and hotel aspect of the development. Pricing for the on-the sand luxury residences will range from $1.5 to SS million.
NEW YORK -Jorge Perez crashed along with the real estate market, then regained his crown as Florida's "Condo King" by building projects with 50 percent deposits from foreign buyers.Now, he'slooking to wealthy Americans. In December, he will begin marketing the Auberge Beach Residences and Spa Fort Lauderdale, a $soo million oceanfront project. He expects as many as two-thirds of the buyers to come from the United States or Canada.All future owners must pay hefty deposits to finance construction by Perez's Related Group, Fortune International Group, and Fairwinds Group -a partnership announced last week.
The Related Group and Fortune International Group,both based in Miami,announced their partnership with The Fairwinds Group of Fort Lauderdale to develop a distinctive 171-unit beachfront condominium property in Fort Lauderdale on a 4.6-acre site that is the former home of Ireland's Inn Beach Resort. The first project of its kind in Fort Lauderdale,Auberge Beach Residences and Spa will be the most refined high-rise and only on-the-sand luxury residential offering in the destination.
Ina Lee, president, Travelhost Elite of Greater Fort Lauderdale The iconic Ireland's Inn will be redeveloped into the Auberge Beach Residences & Spa, a super luxury condominium project that will include two restaurants and a spa open to the public. The partnership of The Related Group, Fortune International and The Fairwinds Group is creating the most expensive project in Fort Lauderdale. It will be managed by Auberge Resorts Collection, famous for its luxury, boutique hospitality.
Se ha vuelto un zumbido constante en esta ciudad. A diario escuchamos hablar sobre nuevas torres y nuevos proyectos de construcción en Miami. Quienes vivimos aquí por lo general los ignoramos hasta que nos damos de frente con ellos.La mayoría de estas unidades en preconstrucción las adquieren inversionistas o extranjeros como segunda o terceras residencias. Ante la gran oferta, algunos de estos compradores expresan cierta aprehensión y se preguntan que pasara con el precio de estas unidades cuando todas salgan al mercado.