Athens Group and MSD Partners, LP announce the acquisition of the Naples Beach Hotel & Golf Club and its redevelopment as the Naples Beach Club, a resort and residential community in iconic old Naples
NAPLES, Florida, October 18, 2021 / PRNewswire / – The Athens Group and MSD Partners, LP today announced the acquisition of the legendary former Naples Beach Hotel & Golf Club, located on 300 meters of white sand beach in iconic Old Naples. Athens and MSD will redevelop the site into the Naples Beach Club, a 125-acre resort and beachfront residential development providing a one-of-a-kind luxury lifestyle destination for residents, members and guests. This special coastal community will include a 216-room hotel managed by leading luxury hotel company Four Seasons Hotels and Resorts, up to 185 luxury residences and unparalleled club amenities curated by Discovery Land Company, the developer and operator of communities of world famous private residential clubs. .
“Our partnership with Four Seasons Hotels and Resorts and Discovery Land Company reinforces our commitment to develop the best luxury resort on that of Florida Gulf Coast. Naples Beach Club will be a contemporary interpretation of the traditions, style and spirit of old Naples, ”said Kim richards, President and CEO, The Athens Group.
“We are delighted to partner with The Athens Group in the development of this extraordinary property, and we are delighted to be working with Four Seasons and Discovery Land on what will be a first collaboration for this world-class team,” added Barry sholem, Partner and President Real Estate, MSD Partners.
Four Seasons Resort debuts in Naples
A 216-room Four Seasons Resort will complement the luxury residences as a retreat reflecting the grandeur of a private Florida oceanfront estate.
“The incredible Naples Beach Club marks the start of Four Seasons on that of Florida Gulf Coast, complementing our existing portfolio of statewide luxury properties, ”said John davison, President and CEO, Four Seasons Hotels and Resorts. “We are proud to be a partner of this exceptional project, bearer of the vision of MSD and Athens to life by setting a new standard of luxury in Naples and deliver the personalized service and quality excellence of our brand to this beloved seaside community. “
The resort will feature spacious guest rooms and suites with verandas, walk-in closets and luxurious five-device bathrooms. Resort amenities will include indoor and outdoor lounges and restaurants inspired by the hotel lobby, a beach-side garden with outdoor pools, cabanas and event lawn, high-end retail stores, a gym event ball and multiple culinary experiences with spectacular views of the Gulf of Mexico. Additionally, Market Square, located near the golf course, will be a vibrant gathering place for the Naples Beach Club community, offering a general store, a bar-grill with a game room and bowling alley, a Kids Club, casual dining, including an ice cream pavilion and expansive lawn.
“The Naples Beach Club represents a natural extension of our portfolio of luxury hotels and resorts, including our Four Seasons properties in Wailea and Hualalai, the Fairmont Miramar in Santa Monica, and The Boca Raton. We are delighted to partner with Athens, Four Seasons and Discovery Land on this iconic development, ”said Coburn Packard, Partner and Real Estate Manager, MSD Partners.
Extraordinary luxury residences and amenities to inspire the community
The newly envisioned Naples Beach Club will feature up to 185 homes designed by renowned architectural firm Hart Howerton with interiors by Champalimaud Design. The first phase of homes will include 58 beachfront residences with four beach houses and four penthouses as well as 12 golf-front residences, all conveying the relaxed aesthetic of the Gulf Coast.
Additionally, the Naples Beach Club will provide residents and members with unparalleled and inspired club amenities curated by private club developer and operator Discovery Land Company. Outstanding, health-focused multigenerational experiences will include a variety of wellness equipment as well as golf and tennis, an indoor / outdoor fitness center, and a world-class spa.
“The Naples Beach Club residences will set a new standard for Naples living, located in the heart of the vibrant Naples community, while providing owners with an intimate club experience right outside their doorstep, ”said Michael Meldman, President, Discovery Land Company.
Construction is expected to begin in 2022. Pre-sales for the first phase of residences were launched earlier this year.
About the Athens group
For more than 30 years, The Athens Group has been widely regarded as one of the country’s leading promoters of upscale resort communities, luxury resorts and city hotels, golf courses and related residential and recreational properties. , having developed properties such as Four Seasons Resort Hualalai, Ritz -Carlton Bachelor Gulch, Montage Laguna Beach and Montage Deer Valley.
About MSD Partners
MSD Partners, LP is an SEC-registered investment advisor employing a multidisciplinary strategy focused on maximizing long-term capital appreciation by making investments across the globe in its core areas of expertise – credit, real estate, private capital and growth. MSD Partners was formed in 2009 by the partners of MSD Capital, LP, which is the family investment office for Michel Dell, the founder and CEO of Dell Technologies. MSD Capital was established in 1998. Michael Dell and his family are major clients of MSD Partners. Together, MSD Capital and MSD Partners manage more than $ 22.0 billion assets and are currently invested in nearly $ 8.0 billion of real estate. In addition to the Naples Beach Club, MSD’s investments include the Four Seasons Resort Maui in Wailea and the Four Seasons Resort Hualalai in Hawaii, the Fairmont Miramar at Santa Monica, The Boca Raton, large holdings on Knox Street at Dallas, more than 13,000 multi-family units and numerous developments in Austin, Texas including 601 W. 2nd Street, which when completed will be Austin’s tallest office tower. Additional information regarding MSD Partners, which operates from offices in new York, Santa Monica and Palme West Beach, can be found at msdpartners.com.
About Four Seasons Hotels and Resorts
Four Seasons Hotels and Resorts opened its first hotel in 1961 and since then has been dedicated to perfecting the travel experience through continuous innovation and the highest standards of hospitality. Currently operating 121 hotels and resorts, and 46 residential properties in major city centers and resort destinations in 47 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world’s top hotels. and the most prestigious brands in reader surveys, traveler reviews and industry awards.
About Discovery Land Company
Discovery Land Company is a United States-based real estate developer and operator of private residential club and resort communities with a portfolio of world-renowned national and international properties. Some of their properties include Baker’s Bay in the Bahamas, Gozzer Ranch at Idaho, Eldorado and the bay of Chileno in Los Cabos, Mexico, Yellowstone Club at Montana, and Kuki’o and Makena in Hawaii.
About Hart Howerton
With its seat at new York and San Francisco, this global team of architects, landscape architects, planners and strategists bring an interdisciplinary perspective to some of the world’s most sensitive environments, creating sustainable places that become successful hotel businesses for their investors and a lasting legacy in as seaside resorts. Past projects include Kukio Golf and Beach Club and Montage Palmetto Bluff.
About Champalimaud Design
Based at New York City, this multidisciplinary design and planning firm specializes in high-end hospitality and custom residential design. The company’s forward-thinking design teams have partnered with global clients to create some of the most distinctive properties in the world, including the Beverly Hills Hotel Bungalows and Plaza New York.
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SOURCE Naples Beach Club