A recent wave of large hotel deals focuses on ‘irreplaceable’ properties, according to a new article by CoStar. Zach Demuth, global head of hotels research at JLL‘s hotels and hospitality group, reports there’s increased investor interest in luxury and other iconic assets. JLL’s latest research found eight hotel deals valued at more than $200 million this year, with Nichols Architects-designed Ritz-Carlton Key Biscayne among them. “Luxury hotels continue to perform exceptionally well,” he said. Each of the $200-million-plus deals on the…

It’s still only a teaser, but the South Florida Business Journal and Florida YIMBY have both picked up the news that The Related Group and BH Group are planning a new building in Pompano Beach. The project is led by Nichols Architects in collaboration with KORA, and while the official announcement is yet to be made, the city’s Development Review Committee has received and revised plans for the project on August 7th.  This is the second collaboration between Nichols Architects, KORA…

Igor Reyes, from Nichols Architects was featured on this month’s edition of the GLOBAL MIAMI MAGAZINE, sharing insights about partnerships our team has engaged with Starchitects. On this type of project, our team serves as design consultants and executive architects, providing insights into local code requirements, and making sure the design intent is followed through during construction. The result are stunning buildings with a signature that are not only beautiful but build to last through hurricanes, floods and the scorching…

When Jimmy Buffett’s song “Margaritaville” came out in 1977, its message was clear: find paradise and relax. It’s this notion that propelled Buffett, with the help of John Cohlan, to turn Margaritaville into a hospitality powerhouse centered on a laidback lifestyle. The first restaurant opened in Key West in 1987, the first hotel in Pensacola Beach opened in 2010, and in 2017, Nichols Architects designed the Margaritaville Orlando Resort. Our version of the Jimmy Buffett-inspired perfect vacation stay includes 20 suites, three…

BY: OSCAR NUNEZ 8:00 AM ON JULY 19, 2024 The City of Miami Climate Resilience Committee recently reviewed two proposals concerning developing and using City-owned waterfront property on Watson Island. These proposals were presented for evaluation due to their deviation from previous plans and now include updated requests and public benefits. The following steps involve potential approval by the Miami City Commission at their upcoming meeting, followed by consideration by Miami voters in the next election. One of the proposals, named ‘Jungle Trail,’…