As reported in the Miami Herald and the Sun Sentinel, The Related Group announced plans to build a luxury hotel and condominium complex in South Beach with the Orient Express hotel company.
The $150 million South Beach project will have 100 hotel rooms and 28 condos priced from $2 million and is expected to open in three years. The South Beach hotel will bring the number of Orient Express U.S. properties to eight.
This addition will be in good company. The Cipriani, Ritz Carlton, St. Regis, and Canyon Ranch are just some of the luxury hotel condo projects underway. The demand for luxury South Florida Properties continue to be supported by visitors world wide.