Shulman + Associates restores historic hotel in Miami Beach

Greystone Hotel

VOS Hospitality and The B Group are slated to start the restoration of the historic Art Deco Greystone Hotel located in Miami Beach, which was originally built in 1936 and purchased by the partnership in 2012 for $7.5 million. The adjacent building at 230 20th Street, formerly known as Santa Barbara, was subsequently purchased in 2014 for $7 million and will be integrated into the newly redeveloped Greystone Hotel, which is expected to open in the fourth quarter of 2017.

The 92-guestroom Greystone Hotel will become a 56,000 square-foot property in the center of Miami Beach at 1920 Collins Avenue. Shulman + Associates will oversee the architectural design.

The first building will retain the original Art Deco façade and historic lobby, with modern updates to be added. The second building will be partially restored as a second guestroom tower with a five-story rear addition stepping back each floor to uncover eight private terraces.

FREE DAILY NEWSLETTER

Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

Plans also include a rooftop pool and bar, 140-seat ground floor restaurant, outdoor café, as well as an undisclosed underground lounge.

Greystone Hotel will be located near Miami Beach Convention center, shopping on Lincoln Road, beaches, dining and nightlife venues.

Greystone Hotel

Suggested Articles

The three stages of development in Europe’s pipeline are experiencing double-digit increases year over year and are at or near record highs.

The Hyatt Centric Reykjavík will not only be the first Hyatt-branded hotel in Iceland, but will be the company's debut the Nordic region as a whole.

The new Radisson Blu Resort Cam Ranh in Khanh Hoa province has 292 rooms, suites and pool villas.