Miami-Based Investors Including Alex Rodriguez Purchased a South Beach Hotel
Photo Credit: CGI Merchant Group
Alex Rodriguez with a Miami-based investor group recently purchased a South Beach hotel located directly on Ocean Drive. The investors, also known as CGI Merchant Group is an international management firm that focuses on real estate investments and private equity. The purchase was officially announced Wednesday.
The Celino South Beach, located at 640 Ocean Drive was originally built in 1937 and has been named the largest hotel complex on Ocean Drive. The deal itself was financed through CGI’s Hospitality Fund of $650 million. The purchase price is still unknown.
Going forward, all CGI hotel properties will hold the Hilton brand. The Celino South Beach comprises of 132 rooms which include 26 penthouse suites.
According to the CGI founder, “We are thrilled to be part of the Miami Beach family and to partake in the reinvention of Ocean Drive. We look forward to helping the area reach its full potential and sharing how it reflects our vision for the hospitality industry. ”
The Celino South Beach was renovated in 2019 is expected to reopen in the fall of 2021. Its sister property, The Gabriel Miami located at 1100 Biscayne Blvd has recently reopened.
CGI was originally founded in 2006 and has invested in multiple Miami mixed-use properties including 3480 Main Highway, 550 Biltmore Way, and 55 Miracle Mile.
Gordon Ramsay is Set to Open his First South Florida Restaurant in South Beach
London-based Asian-infused restaurant Lucky Cat is making its way to South Beach, thanks to Gordon Ramsay. The celebrity and Michelin-starred Chef recently signed a lease for the restaurant in the South-of-Fifth neighborhood.
Lucky Cat will be located at 119 Washington Avenue on the ground floor of the Yukon building. According to the listing, at 9,000 square feet, the space was asking for $75 per square foot for 10 years. Other noteworthy restaurants that are within walking distance include; Prime 112, Carbone, and Joe’s Stone Crab.
The restaurant itself will feature Ramsay’s classic open kitchen, private dining rooms, raw bar, chef’s table, and a lounge. You will also be able to enjoy some of Lucky Cat’s classic recipes like spiced Herdwick lamb chops, Lucky Cat Oscietra Caviar, Monkfish Tikka Masala, and much more!
DAY BOAT BBQ MACKEREL black vinegar, smoked olive oil
BUNS & DUMPLINGS
PORK & GINGER GYOZA spiced black vinegar
SHRIMP & HERB DUMPLING brown butter soy
BEEF & SMOKED MARROW PUFF smoked hot sauce
BONITO FRIED DUCK BAO spicy hoi sin, pickled cucumbers
TOFU & SPICY AVO BAO
SMOKED BRISKET BAO yuzu mustard, pickled cucumbers
VEGETABLES, RICE & NOODLES
PADRON PEPPERS holy basil
BBQ CORN smoked ponzu cream
MAITAKE & SUMMER TRUFFLE
STEAMED RICE
SWEETCORN XO RICE
SWEETCORN & CRAB XO RICE
SZECHUAN & CASHEW NOODLES
Gordon Ramsay has many restaurants in the United States including Atlantic City, Orlando, Baltimore, Lake Tahoe, and Las Vegas. This will be his first-ever South Florida restaurant. The Lucky Cat is expected to open in the fall of 2022.
Photo Credit: Londonontheinside.com
Apogee South Beach – Now That’s a Master Bathroom!!!
Yesterday morning, I had the opportunity to visit a few condo units at Apogee South Beach located at 800 South Pointe Drive in South Beach. The word “sensational” doesn’t even come close to fully encompassing the quality that has gone into this condo development. Apogee South Beach is in a league of its own, with quality that is unmatched by any condo development in South Florida.
The following are a few shots of the master bathroom that I took yesterday inside one of the two condos at Apogee South Beach. Trust me, the kitchens are equally as impressive, if not more so. I’ll likely share the photos of the kitchen at Apogee with everyone in a future post.
