The Real Deal Miami

Architect Leo Daly III pays $6M for Four Seasons at The Surf Club unit

Daly heads prominent Omaha-based design firm
By Katherine Kallergis | June 01, 2017 10:30AM

Rendering of the Four Seasons Residences at The Surf Club

Leo A. Daly III

Prominent architect Leo A. Daly III paid about $6 million for a unit at the Four Seasons Residences at The Surf Club, property records show.

Daly and his wife Grega G. Daly closed on unit 919 at the newly completed development, at 9101 Collins Avenue in Surfside, via a trust. The architect is the chairman and CEO of Leo A Daly, an Omaha, Nebraska-based architecture, planning, interiors, engineering and program management firm his grandfather founded in 1915.

Daly, who is described on his website as “a champion of architecture’s role in fostering international relations,” now owns a condo at a project designed by Pritzker Prize-winning architect Richard Meier of New York-based Richard Meier & Partners.

Fort Partners developed the 9-acre Surf Club project, which includes a 72-room hotel, two 12-story residential towers, a private club, two restaurants, four swimming pools, cabanas, a gym, oceanside gardens and a park. Kobi Karp of Kobi Karp Architecture & Interior Design designed the project along with Meier. The Four Seasons was built on the site of the former private beach club founded in 1930 by Henry Firestone Club and designed by Russell Pancoast.

Ten units have closed in Miami-Dade County records since the hotel held a grand opening in March.

Fort Partners CEO Nadim Ashi said at the opening that the development hit $1 billion in condo sales. Condo units range in price from $3.4 million to $18 million, and in size from 1,400 square feet to more than 7,000 square feet. Ashi said the average price per square foot is $2,400.

The developer paid $116 million for the site in 2012.

Other projects in Surfside include the recently completed Fendi Chateau Residences, Jason Halpern’s planned luxury boutique condo Surf House, as well as ASRR Capital’s Arte by Antonio Citterio, the latter of which is a block away from the Surf Club.