Famed Parisian brand Fouquet’s and its parent company Barrière Group are debuting their second luxury hotel in the U.S. in Miami’s Design District at the Design Residences, designed by Chipperfield. Barriere is a 127-year-old casino and entertainment company.
A 12-story hotel property will include 85 guestrooms, blending with 143 residential units in a 25-story tower – both overseen by Fouquet’s. The project is planned for about two acres at 39 NE 39th St.
The hotel will also lead the property’s food and beverage program, introducing five distinct dining concepts drawn from Fouquet’s culinary portfolio.
Miami Design District Associates (MDDA), Raycliff Capital, FortPartners and Constellation Hotels Holding are teaming up on the project.
Fouquet’s Miami is expected to open its doors in 2030. Fouquet’s opened in New York in 2022.
HSL Properties paid $31.85 million for the Luma Apartments, a 180-unit project at 2600 W. Ina in Tucson, according to Real Estate Daily News. The sale comes out to just over $175,000 per unit. The seller was Village at The Foothills Owner LLC, of Beverly Hills, California, which can be traced to MC Residential in...
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ARCTRUST Private Capital and Edison Equity Residential broke ground on Serenova at Dripping Springs, a 175-residence, 55+ age-restricted community in Dripping Springs, Texas. The groundbreaking follows the August closing of the project’s construction loan, provided by North River Partners. This project follows the duo’s effort on Serenova at Woodforest, which broke ground in October 2025. Located adjacent to...
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An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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