Fort Capital Announces Agreement with Four Seasons to Create Four Seasons Hotel The Surf Club and The Surf Club Four Seasons Private Residences in Surfside, Florida
Fort Capital, the Miami-based private real estate investment company, today announced it has entered into an agreement with
The legendary Surf Club was founded in 1930 by Harvey Firestone as a private membership club. It will soon join a growing portfolio of historic and architecturally important
The Surf Club boasts 965 feet (300 metres) of Atlantic oceanfront on a 9-acre (3.6 hectare) site that will incorporate the Hotel; two residential towers; a private membership club; two restaurants; four swimming pools; a state-of-the-art spa and fitness centre; more than 40 beach cabanas; and an expansive park and oceanside gardens. The Richard Meier Signature Homes and Penthouses, ranging in size from 1400 to almost 8000 square feet (130-750 square metres), will offer residents extraordinary views stretching from the Atlantic to downtown Miami, with interiors and finishes personally selected by Meier. The design for the buildings utilize his decisive and iconic visual vocabulary -- glass walls, capacious volumes of space, a sensitivity to the movement of natural light throughout the day, and sumptuous yet elemental materials. This is Meier’s first project in the Miami area
“When we acquired The Surf Club in 2012, our goal was to augment the property’s natural beauty and storied past with the intelligent, purposeful design of Richard Meier to create an elegant, amenity-rich residential and hospitality experience,” noted Nadim Ashi, CEO of Fort Capital. “By partnering with
“We move forward with opportunities only if we are confident we have the right location and the right partner – a partner who shares our vision for success,” said Scott Woroch, Executive Vice President Worldwide Development,
“This is a tremendous opportunity to grow our portfolio in Florida, a key growth market for
Richard Meier commented, “The Surf Club offers a unique opportunity to create an important addition to the built environment, one which affects a balance between the natural beauty of the expansive oceanfront site, and the desire for a new definition of luxury. Incorporating the historic structure; remaining sensitive to the gracious, low-rise context of Surfside, Florida; and further exploring the relationship between structure and sea has been a wonderful project for the firm. With the addition of
Coastal Construction is serving as general contractor on the project. Construction commenced in late 2013 and is on schedule to be completed in early 2016.
About Fort Capital
Fort Capital is a privately owned real estate investment management company based in Miami, Florida led by developer and entrepreneur Nadim Ashi. Through its managed funds, the company invests primarily in the South Florida and Caribbean markets, with a focus on highly differentiated properties that possess singular attributes and unique provenance. Managing partner Ashi and his executive team have decades of successfully honed real estate and investment experience with a risk-management focus. Fort Capital’s stakeholders are leading private investors and family offices from the US, Europe and South America.
About Richard Meier & Partners
The work of Richard Meier & Partners is instantly recognizable and internationally respected. For more than five decades, the firm has been appointed to create important public and private buildings. Its offices in New York and Los Angeles employ a multicultural staff of talented professionals practicing architecture, urbanism, product design and exhibition design. They aspire to thoughtful, elegant contemporary architecture that exceeds lients’ expectations for beauty and elegance.
Recent work includes one of the most sustainable office and research buildings in Europe for Italcementi in Bergamo, Italy; the headquarters in Hamburg for the Neumann Kaffee Gruppe; the Jesolo Lido Condominium in Jesolo, Italy; the first office project in the Czech Republic built on a speculative basis to receive the highest LEED certification; and the United States Courthouse in San Diego, California. The firm currently has new projects in North America, South America, Europe, and Asia. Richard Meier & Partners is led by Richard Meier and five partners – Michael Palladino, James R. Crawford, Bernhard Karpf, Reynolds Logan, Dukho Yeon – and sustains an international practice with offices in New York and Los Angeles.
Four Seasons Hotel The Surf Club, Surfside, Florida