PHOTOS: On the scene at Sternlicht, LeFrak’s 1 Hotel opening

Starwood Capital Group’s Barry Sternlicht and developer Richard LeFrak celebrated the opening of 1 Hotel & Homes South Beach on Wednesday along with Miami Beach Mayor Philip Levine, celebrity restaurateur Tom Colicchio and guests.

The event included tours of the 426-room hotel, the unveiling of the hotel’s “1” coral stone sculpture, a sage burning ceremony and a butterfly presentation.

1 Hotel & Homes South Beach, the first property of the 1 Hotels brand, has three restaurants by Tom Colicchio, the hotel’s signature beachcraft, lobby lounge bar Tom on Collins, and poolside restaurant the Sand Box; as well as STK by the One Group.

Guest rooms average 700 square feet, according to a press release. The 426 rooms, which include 84 studio suites and one oceanfront presidential suite, will have Nespresso coffee machines, yoga mats and glass terrariums. The hotel component also includes four outdoor swimming pools, 57 cabanas and daybeds, and access to Tesla cars for guests traveling within a three-mile radius.

1 Hotel & Homes South Beach was developed on the site of the former Gansevoort Hotel, which was last branded as the Perry South Beach. The property was sold to affiliates of Starwood, LeFrak and Invesco in February of 2012. 1 Hotel is located at 2341 Collins Avenue in Miami Beach. The residences will be at 2399 Collins Avenue.