Who is the new owner of Naples Beach hotel?
Who is the new owner of Naples Beach hotel? The Athens Group and MSD Partners acquired the nearly 125-acre Gulf-front property in Naples for redevelopment of the Naples Beach Club with a 216-room hotel and resort managed by Four Seasons, up to 185 luxury residences and upscale club amenities.
Has the Naples Beach Club been sold?
The Naples Beach Club's sale price of $362 million is public record. The exact price of $362,289,599 was recorded in Collier County, where the iconic property changed hands Thursday.
What is happening with Naples Beach Club?
Key takeaway: Work on the Naples Beach Club is moving along with the hotel property under construction and approvals from the city pending. Core challenge: While the hotel could open as soon as 2025, a lot of work remains to be done, including the construction of several major pieces of the redevelopment.
Are they tearing down the Naples Beach Club?
Demolition has started on the Naples Beach Hotel & Golf Club, a historic property dating back to the 1940s. In its place will be a new venture called the “Naples Beach Club.” It's under the Four Seasons brand and will offer 216 hotel rooms and more than 150 condos.
Is the Naples Beach Hotel being torn down?
The old hotel has been demolished and construction on a new beachside Four Seasons Hotel has begun. The new hotel will include 216 rooms, about 100 less than the previous hotel. It will be the first Four Seasons resort on Florida's Gulf Coast.
How much did the Naples Beach resort sell for?
The Naples Grande Beach Resort has sold for $248 million. The property, according to Collier County records, was sold in three pieces, with the resort bringing $218.4 million, the golf course bringing $24.8 million and the tennis center bringing $4.8 million.