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Condo Hotel Center: Property
Alert
September 24, 2004
THE
REGENT BAL HARBOUR
Bal Harbour's First
and Only Condo Hotel
Hello. It's Joel Greene from Condo Hotel Center.
Today, I'm going to be writing you about an area that
is near and dear to my heart-Bal Harbour.
I grew up about 10 minutes from there…unfortunately,
on the other side of the tracks, so to speak.
But nonetheless, Bal Harbour was part of my old stomping
ground, and I'm delighted to see some new development
taking place in this beautiful, oceanside community
that lies just north of Miami Beach.
The
Luxury Lifestyle
Along with the likes of Palm Beach, Naples, Key Biscayne
and Boca Raton, Bal Harbour connotes the epitome of
wealth and glamour. And smack dab in the middle
of Bal Harbour is today's featured property, The Regent
Bal Harbour.
The Regent Bal Harbour - Rendering
Some of you will remember that I first brought this
property to your attention back in April when it was
called One Bal Harbour. However, at the time, this
condo hotel was only selling its straight condo units.
Now that those are nearly sold out, the condo hotel
units are being made available.
Also, the property has just named its management
company, a prestigious international hospitality group
that will greatly enhance the quality and value of
the property and is the reason for the name change
to Regent Bal Harbour. More on this in a minute.
First on the Block
The Regent Bal Harbour will be the first new hotel
built in 50 years in Bal Harbour. So to say this property
is much anticipated would be an understatement. It
will be exclusive in every sense of the word. Designed
to provide "luxury beyond expectations,"
it will be a five-star, oceanfront, 26-story property
with condo hotel units on the 2nd through the 17th
floors.
Amazing Views
Set on a prized beach location, the site of The Regent
Bal Harbour is superb. Very few properties can say
they offer spectacular water views in every direction.
Amazingly, The Regent will overlook both the Atlantic
Ocean and the Intracoastal Waterway. In the distance
will be the impressive South Florida skyline.
The property happens to be adjacent to a beautiful,
state-owned beachfront park (Haulover) so views to
the north will always remain the same, completely
unobstructed.
Future home of The Regent Bal Harbour
Great Location
For those of you not familiar with Bal Harbour, it's
located in between Miami Beach and Hollywood-Fort
Lauderdale. It's about 20 minutes north of the Art
Deco section of South Beach. The Regent is within
10-15 miles of shopping malls, golf, jai alai, horse
and dog tracks and the Port of Miami. It's about 25
minutes to Miami International Airport.
Upscale Bal Harbour
A little background about Bal Harbour. Bal Harbour
is approximately 3/10 of a mile in size. Though small
in area, this upscale resort village is large in stature.
It has come to be regarded as one of South Florida's
most elegant and sophisticated enclaves. Drive into
the village during the evening hours, when date and
coconut trees lining both sides of Collins Avenue
are illuminated, and it is as if you are entering
a tropical oasis of beauty.
It certainly has come a long way from the time during
World War II when it was a United States Air Corps
Training facility. Today, it is difficult to conceive
that there was once a rifle range and an oceanfront
camp for war prisoners here!
Bal Harbour was originally called Bay Harbour. However,
the city fathers believed the name wasn't upscale
enough. Mustering all of their ingenuity, a name was
invented to reflect its breathtaking location. As
the town is located between the Atlantic Ocean on
the east and Biscayne Bay on the west, the letter
"B" was borrowed from the word bay and the
"A" and "L" from the word Atlantic.
The result was Bal Harbour, which I guess the city
planners thought would raise less questions than if
they called it "Bat" Harbour.
Today, Bal Harbour has a population of approximately
3,500. It offers an array of water sports, cultural
entertainment, gourmet dining and sandy beaches. Just
one minute north is the Haulover Beach Marina where
you can see glamorous yachts and drift fishing boats
returning with the catch of the day.
For those who seek the ultimate in an upscale shopping
experience, la crème de la crème are
the Bal Harbour Shops, just a leisurely, palm-shaded
stroll from The Regent. An internationally-renowned
fashion mecca, the Bal Harbour Shops features an exclusive
collection of stores and restaurants that attract
some of the most affluent shoppers from all over the
world.
This is essentially Florida's Rodeo Drive. We're
talking Tiffany's, Gucci, Saks Fifth Avenue, Prada,
Armani, Christian Dior, Yves St. Laurent, Louis Vuitton,
Hermes, Versace and Neiman Marcus to name just a few.
Not a Sears or Walmart in sight! Let's just say, even
though I grew up 10 minutes from these shops, this
ain't where Mom bought my Garanimals!
Contemporary Architecture
Back to details about The Regent Bal Harbour. The
South Florida architectural firm of Nichols, Brosch,
Sandoval & Associates is designing the ultra-contemporary
hotel structure. It will have a curved shape and glass
exteriors. One of the many trend-setting features
of the condo hotel is that every residence will have
its own private elevator lobby, as opposed to a corridor
with many rooms accessible from it. How cool is that!
Exceptional Designs
Available are studios, one-bedroom and two-bedroom
units. These units will have North to South exposure.
They will each offer 10-foot, floor-to-ceiling windows
with panoramic views. Furnishings of each room will
emanate the lavish lifestyle with which The Regent
name has become synonymous.
The two-bedroom units will have flow-through designs.
They'll feature innovative floor plans that include
grand living rooms that open onto sweeping terraces
and features such as formal dining rooms, gourmet
island kitchens and spacious bathrooms.
Impeccable detailing and exceptional architecture
will create a home with the air of an ocean estate.
A Full Complement of Amenities
The Regent Bal Harbour will offer its guests many
luxury amenities including:
- Two swimming pools
- A 10,000-sq. ft. world-class spa
- Fully-equipped fitness center with personal training
sessions available
- Valet parking
- Gourmet dining in a five-star-quality oceanfront
restaurant
- 24-Hour white-glove concierge to assist with
dining and theater arrangements
- Media theater with state-of-the-art audio system
and plush seating
- Room service
- Twice-daily maid service
- Business center
- Library
- Conference room
- Social room
A Top Developer
The developer of The Regent Bal Harbour is WCI Communities.
WCI is highly respected for its luxury developments,
over 30 of which are in Florida. The publicly-traded
developer has been creating amenity-rich, leisure-oriented
communities since 1946. WCI received the 2004 America's
Best Builder award.
Prestigious Management Company
Just Named
Regent International was just named as the condo hotel
management company. This will be the third Regent
International Hotel property under development in
Florida, including The Regent Winter Park near Orlando
and The Regent South Beach in Miami Beach, both first-class
properties.
Regent International Hotels is known worldwide for
its luxury hotels and resorts. Its properties are
all elegant facilities located in premier locations.
It is a subsidiary of Carlson Hospitality Worldwide,
a Minneapolis-based global leader in hospitality services
encompassing more that 1,570 hotel, resort, and restaurant
and cruise ship operations in 81 countries.
Prices and Terms
A total of 116 condo hotel units are available at
the Regent Bal Harbour. Initial groundwork and construction
is already underway and will be completed by Fall
2006.
Available units include:
- 511 sq. ft. studios, starting at $600,000
- 1,075 sq ft. 1 bed/1.5 baths units from $975,000
- 1,650 sq. ft. 2 bed, 2/5 bath units from $1,500,000,
and their two same size penthouse units are available
for a cool $2 million each
The first 10% will be due at contract, and a second
10% will be due 15 days thereafter.
Want More Information?
So there you have it, Bal Harbour's first condo hotel
and a new development that has had people talking
for almost a year. If you're interested, let me know
and I'll e-mail you a data sheet I've prepared with
more details on the Regent Bal Harbour.
The Regent Bal Harbour is currently
under construction.
If you want a complete brochure, I can have that
sent to you via FedEx. Just be sure to provide me
with your complete address and phone number (a FedEx
requirement). If you plan to be in the area, I'd be
glad to give you a tour of the property's impressive
location and sales model.
As always, thank you for your interest in news from
Condo Hotel Center. If you enjoy reading my Property
Alerts, please feel free to share them with a friend.
If you'd like to unsubscribe, just drop me a quick
e-mail and write "unsubscribe" in the subject
line, and I'll take care of it for you.
Have a great weekend!
Joel
Greene, Broker-Associate
Condo Hotel Center
A division of Sheldon Greene & Assoc., Inc.
13499 Biscayne Blvd. Ste. 210
N. Miami, FL 33181
PH: 305-944-3090
FX: 305-948-0460
Info@CondoHotelCenter.com
www.CondoHotelCenter.com
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