Miami Beach Getting NBWW Makeover

Nichols Brosch Wurst Wolfe & Associates, Inc. (NBWW), the Coral Gables-based architecture firm that's internationally recognized for the restoration and redesign of many of Miami's most legendary properties, announced that it will be restoring three historic Miami Beach properties. NBWW has been tasked with reviving Kimpton's The Angler's Hotel, The Fontainebleau Miami Beach's North Tower, and The Versailles, located in the new Faena District.

"Architecture must reflect its environment and context, while paying respect to the history of its surroundings," said NBWW partner, Don Wolfe, Jr. "The historic architecture of Miami Beach is what defines the city's spirit. We are honored to continuously be tasked with restoring these iconic properties, while infusing them with textures and finishes for the 21st century and beyond in the hopes that generations to come will marvel in Miami Beach's architectural splendor."

In addition to these three significant properties, NBWW was also the lead architect for the recently opened The EDITION Miami Beach – originally the 1950's Seville Hotel — which is owned and developed by Marriott International and Ian Schrager, according to Metro Citizen. The project is a stunning testament to NBWW's design philosophy of blending modern sophistication with historic charm, which has been carried through all of their prominent restoration projects including the Morris Lapidus-designed Fontainebleau, Eden Roc, Loews/St. Moritz, and DiLido (now Ritz-Carlton, South Beach).

For more news and information visit Blumberg Capital Partners.

Miami's b2 Sold for $57.5M

CRP/InSite Biscayne, a joint venture between Carlyle Group and InSite Group, announced this week that it had sold the b2 Miami Downtown and an adjacent retail building for $57.5 million. HHR EAT Downtown Miami, an affiliate of Arizona-based company Investment Property Exchange Services, purchased the property; terms of the deal were not disclosed. Property records do show that the CRP/InSite Biscayne purchased the property for $13.5 million in September 2011. The previous owner, a partnership between New York developers Aby Rosen and Ian Schrager, bought the hotel for $31 million in 2005 and operated it as the Continental Hotel Bayside, according to a report from The Real Deal.

Located at 146 Biscayne Blvd., the 243-room hotel was originally built in 1926. The building features the Biscayne Tavern restaurant and 1,000 square feet of meeting space. The property is minutes from the Port of Miami and directly across from Bayside Market Place.

For more news and information visit Blumberg Capital Partners.