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There’s a Luxury Hotel Renaissance in Palm Beach – BNN Bloomberg
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There’s a Luxury Hotel Renaissance in Palm Beach – BNN Bloomberg

(Bloomberg) — If a few blocks of Collins Boulevard in Miami Beach now command nearly $2.5 billion in hotel investment, it’s not too hard to imagine how much more money is being pumped into the south Florida coast.

When you include accommodation-oriented real estate developments a little further inland on the A1A coastal highway, the total figure will probably reach 11 figures. New developments in the area have popped up fast and furious in recent years, fueling the explosion of wealth that has made South Florida a national powerhouse. As a result, the boundaries between neighborhoods have blurred, with Miami, Bal Harbour, Fort Lauderdale, Boca Raton and Palm Beach now forming a nearly uninterrupted (and consistently luxurious) stretch of coastline.

But the key difference between the south and north ends is that some of Miami’s projects are under construction in the coming years, while Palm Beach is preparing to cut the ribbons on many of its major openings this winter.

Here’s a look at five new and newly renovated getaways “up north” worth adding to your next visit.

palm house

London-based Iconic Luxury Hotels (whose major UK properties include the stately Cliveden House and Chewton Glen) is crossing the pond and heading to Florida, where it’s reinventing the long-shuttered 1960s icon on Royal Palm Way. The 79-room property, expected to open in January, is finished in classic Palm Beach style, with floor-to-ceiling seashell tapestries in the lobby, Slim Aarons photos in the hallways, frilly pink umbrellas and striped cabanas surrounding the pool. Guest rooms also honor the Palm House’s heyday with many coral and green art deco touches. But dining options promise to be more global, with a Nikkei (Japanese-Peruvian) restaurant filling the former Palm House Dining Room.

Vineta

This Mediterranean-reviving building is nearly a century old, but the Palm Beach landmark is now coming back to life as an Oetker Collection hotel, putting it on par with the decadent Le Bristol and St. Louis in Paris. Making it a sibling to Eden Rock in St. Barts. The revitalized Leopard Lounge, which was especially frequented by celebrities in the 1950s, and 41 renovated guest rooms will reopen in the first quarter of 2025 with carefully preserved details. The company is tight-lipped about the details and banking on its reputation for generating buzz, but one thing’s for sure: A Mediterranean-inspired restaurant would add a little more sparkle to the original palm-lined pool. And it’s all a stone’s throw from Tony Worth Boulevard.

crushers

The old-money Palm Beach mainstay has invested in a series of updates of its own, adding a new $12 million resort for tennis, padel and pickleball and reopening the Flagler Club, a private hotel-within-a-hotel. The latter will feature 21 guestrooms renovated by Tihany Design, which added details such as embroidered wall coverings, illusion-style moldings and a coastal color palette to bridge the Breakers’ iconic Italian Renaissance architecture with the property’s breezy waterfront location.

Boca Raton

Technically it’s not Palm Beach, but it’s definitely close. In December, Boca Raton’s legendary private club will kick off a $120 million transformation of its Beach Club property, which features 210 marble- and velvet-lined guest rooms. It’s the final part of a four-year renovation of the larger Boca Raton resort complex, totaling 356 acres, that cost about $300 million and aims to emulate the mega-success of Bahamian tourism juggernaut Baha Mar. There are three new restaurants at the Beach Club, including the all-day Mediterranean concept Marisol and its toes. Guests will also be able to ride pink Vaporina-style longboats via the Intracoastal Waterway to Boca Raton’s main campus, which features 706 rooms and suites at four hotels, as well as a golf course, 14 restaurants, a racquet club and an expansive pool complex. with a lazy river.

One to watch: Eau Palm Beach Resort & Spa

This 1950s landmark was recently purchased by billionaire Larry Ellison, whose growing hotel portfolio includes Nobu Ryokan Malibu and Four Seasons Resort Lanai. The co-founder of Oracle Corp. purchased the facility for an undisclosed amount, according to the statement. For now, it seems to be business as usual at the seven-acre seaside resort, but Ellison has brought in a Nobu pop-up for the winter season. More updates are definitely on the way for 2025.

©2024 Bloomberg LP