LGBTQ-oriented Axel Hotels to open first US location in South Beach

Axelbeach Miami is expected to open by the end of the year at 1500 Collins Avenue

TRD MIAMI /
Jul.July 12, 2018 05:30 PM

Juan Julia and renderings of AxelBeach Miami (Credit: Iñigo Hernández Tofé)

Axel Hotels, which focuses on the LGBTQ community, is opening its first location in the U.S. in South Beach.

Axelbeach Miami will open at the former site of Hall South Beach at 1500 Collins Avenue by the end of the year, said Axel Hotels founder and president Juan Julià. It will mark the Barcelona-based company’s eighth flagged property and the only one outside Europe.

“We’ve been looking for different locations in the United States, and my preferences were Miami and New York, as I prefer the East Coast rather than the West Coast,” Julià said. “These cities are the more well known and very connected to Europe and South America, and worldwide.”

Spanish conglomerate Grup Peralada, through its affiliate Inverama USA Corp., paid $58.2 million or $357,000 per room for the 163-key, former Hall hotel in January. Barcelona-based Grup Peralada is owned by the Suqué-Mateu family, and has hotels and casinos as well as wine and other businesses under its umbrella.

Rockwood Capital sold the hotel to Grup Peralada, after paying $34.5 million for the property, including the historic 123-room Haddon Hall — built in 1940 and designed by famed architect L. Murray Dixon — and the adjacent 45-unit Camden Apartments in Miami Beach in 2013. The investment firm renovated the 1.4-acre property and re-opened it all as a hotel in 2015.

The Miami Beach Historic Preservation Board on Tuesday approved some modifications of the 1.4-acre property, which runs from Collins Avenue to Washington Avenue. Among them, the hotel can place signage on its Collins Avenue facade, add an opening in its lobby and relocate an outside bar from the south side of the property to the north side under a large ficus tree, said architect Jason Hagopian, managing principal of the TSAO Design Group, who spoke during the meeting.

Julià said the hotel plans to spend about $1 million on the modifications. The property owners will also invest an undisclosed amount for plumbing and structural improvements. Axel Hotels’ Barcelona-based architect Iñigo Hernández Tofé is overseeing the project.

Julià founded Axel Hotels 15 years ago, with a desire to launch a hotel aimed at the LGBTQ community. Today the brand operates two hotels in Barcelona, two in Berlin, and one, each, in Madrid, Ibiza and the Canary Islands. The hotel considers itself “hetero-friendly,” with about 20 percent to 30 percent of its guests heterosexual, Julià said.

Axelbeach Miami’s amenities will include a pool, gym, spa and sauna with massage rooms, restaurant and bar. The average daily rate is expected to be $200.


Related Articles

arrow_forward_ios
34 Star Island Drive with Albert Justo, Stacy Robins and Mirce Curkoski (Redfin)

Former Star Island residents return, buy $12M waterfront home

Former Star Island residents return, buy $12M waterfront home
1510 West 25th Street, Valerio Morabito (inset) and Gianluca Vacchi (Getty, Douglas Elliman)

Italian entrepreneur and DJ pays $25M for Sunset Islands mansion

Italian entrepreneur and DJ pays $25M for Sunset Islands mansion
WeWork Lenox Avenue, WeWork Lincoln Road and CEO Sandeep Mathrani (Lenox location by Katherine Kallergis, WeWork, iStock)

WeMove: WeWork leaves Lincoln Road, consolidates Miami Beach operations to Lenox Ave

WeMove: WeWork leaves Lincoln Road, consolidates Miami Beach operations to Lenox Ave
Clifford Asness and 321 Ocean (Getty, Douglas Elliman)

Billionaire hedge funder sells South Beach PH at a loss

Billionaire hedge funder sells South Beach PH at a loss
Steve Witkoff and the Washington Park Hotel (Getty, Google Maps)

Ladder Capital seeks to foreclose on Witkoff’s South Beach hotel

Ladder Capital seeks to foreclose on Witkoff’s South Beach hotel
Faena Hotel Miami Beach and Eau Palm Beach (Faena, Eau Palm Beach)

Faena Hotel, Eau Palm Beach Resort among latest to lay off hundreds

Faena Hotel, Eau Palm Beach Resort among latest to lay off hundreds
(iStock)

South Florida by the numbers: From the Big Apple to the Magic City

South Florida by the numbers: From the Big Apple to the Magic City
David Martin and a rendering of the project

David Martin’s Miami Beach Marina proposal heads to voters in November

David Martin’s Miami Beach Marina proposal heads to voters in November
arrow_forward_ios

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

Loading...