Replacing
the Beach House Hotel
Meanwhile, a $170 million, 12-story condominium by Richard
Meier & Partners could replace the Beach House Hotel
in Surfside formerly owned by the Rubell family. Meier
has been recognized with the Pritzker Architecture Prize,
one of his industry's highest honors, and his finalist
designs for the World Trade Center site. This would
be his first project in Miami.
"We look
at this as a great honor," Karp said. "It
creates an opportunity to bring Miami even further into
the international forefront of architecture and design."
The concept for
the Beach House is "clean, sleek and modern,"
Karp said.
Niño and
Ludmir are heading a group of investors from Chile,
Venezuela and Colombia in a venture called Beach House
Property that bought the hotel on Collins Avenue in
August for $26.45 million. The Rubell family still operates
the hotel and plans to tear down the property are a
year away.
Life after Fortune
International
Both projects are the brainchild of Niño, Ludmir
and Senior VP Jorge Brugo, who is credited with bringing
in Meier and the Pei sons. All three had previously
worked for Fortune International in Miami. Niño
said that Brugo was tapped as a Lynx partner this week.
It was just over
a year ago that Niño left his job as VP of development
sales at Fortune International and started his own third-party
sales organization.
"It was just
me with my laptop that I bought at Best Buy with my
personal credit card," he said. Quickly, Niño
had his first client - one from his former Fortune life
- Brickell on the River. Then came Spiaggia in Surfside,
Solé on the Ocean in Sunny Isles Beach and Solaris
in the Brickell area. Recent projects include Paramount
Park on Biscayne Boulevard and the Racquet Club &
Marina in North Bay Village, plus redevelopments of
South Beach's Roney Palace and Aventura's Bay Club.
Today, he handles
a real estate inventory worth $1.5 billion. Prodigy
has grown to 32 employees and serves a network of more
than 40,000 brokers.
"This surpassed
my wildest dreams," Niño said.
Niño believes
third-party sales organizations shouldn't get deeply
involved in development.
"Maybe I'm
a pre-developer," he said. "No, no, I'm just
a landlord.