Renovations begin on Berkeley Shore Hotel in Miami Beach

Miami /
Nov.November 17, 2015 01:30 PM

About two years after Argentine investors Jorge Savloff and Marcelo Tenenbaum acquired the Art Deco Berkeley Shore Hotel in South Beach, they will begin renovating the historic property, design and architecture firm Stantec announced on Monday. 

When completed, the renovations will cover 45,100 square feet, 96 hotel rooms, a restaurant and the addition of a new 10-story tower with a rooftop garden and pool. The Berkeley Shore, at 1610 Collins Avenue, sold for an undisclosed amount described as “very close” to the asking price of $13.78 million in September 2013.

The hotel was built in 1940 and originally designed by Art Deco architect Albert Anis, according to a press release. It’s on the west side of Collins Avenue, across the street from the Loews Miami Beach and adjacent to the recently completed Hyatt Centric, which was developed by Robert Finvarb.

Stantec, formerly ADD Inc., aims to restore the property to its original status by replicating Art Deco details, using warm neutral colors and incorporating wood and stone. The new structure will be behind the original building. It’s scheduled for completion in the spring of next year.

Savloff and Tenenbaum paid $6.2 million for a Miami Beach apartment building at 1334 Washington Avenue earlier this year. They plan to convert the property into a boutique hotel. The duo also completed Bay Harbor Club, the first of 25 new condo buildings announced for the barrier island town of Bay Harbor Islands, in June. – Katherine Kallergis


Related Articles

arrow_forward_ios
Clockwise from lower left: John Cooper and Allen Morris from The Allen Morris Company and Stormont Hospitality and Camilo Lopez and Jorge Escobar from Black Salmon (Ander & Co)
AMS Hospitality, Black Salmon buy Circa 39 hotel in Miami Beach
AMS Hospitality, Black Salmon buy Circa 39 hotel in Miami Beach
The hotel was built in 1940, with an addition constructed in 1958. (Shelborne)
Owners of historic Shelborne hotel in South Beach seek approval for renovation
Owners of historic Shelborne hotel in South Beach seek approval for renovation
Greg Mirmelli with 800 Collins Avenue (Google Maps)
Miami Beach investor to convert former Banana Republic store into mansion hotel
Miami Beach investor to convert former Banana Republic store into mansion hotel
Vlad Doronin, Len Blavatnik and a rendering of Aman Miami Beach (Getty)
Aman Miami Beach secures another approval tied to luxury hotel and condo project
Aman Miami Beach secures another approval tied to luxury hotel and condo project
Len Blavatnik, Vlad Doronin and renderings of the project. (Getty, Aman)
Aman Miami Beach developer secures approval from historic board
Aman Miami Beach developer secures approval from historic board
Valerio Spinaci and 1506 Collins Avenue (Google Maps)
Casa Hotels buys boutique South Beach hotel for $8M
Casa Hotels buys boutique South Beach hotel for $8M
1420 Collins Avenue
Casa Hotels adds to South Florida portfolio with boutique Miami Beach hotel
Casa Hotels adds to South Florida portfolio with boutique Miami Beach hotel
Thor Equities CEO Joseph J. Sitt and a rendering of 852 Collins Avenue (Credit: Thor Equities)
Mazel Tov! Kosher restaurateur buys South Beach commercial property
Mazel Tov! Kosher restaurateur buys South Beach commercial property
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...