The project, located between the Atlantic Ocean and IntracoastalWaterway, includes three oceanfront towers with 101 hotel-condounits and 195 condominium residences. It also includes an AvedaDestination Spa and a Himalayan Institute Wellness Center. This isthe first time the Blaine, MN-based Aveda Corp. and the Honesdale,PA-based Himalayan Institute of Yoga Science have partnered on aproject.

Developers are hoping to break ground on the project by the endof the year with the hotel is scheduled to open in late 2009.Marketing efforts for the hotel condo units have just started, withunits priced from the $600,000s. Playground Destination Propertiesis the exclusive sales agent for the hotel condo units.

The hotel will be a member of Preferred Hotels & Resorts.Saleh manages independent luxury hotels which are members ofPreferred Hotels & Resorts or Leading Hotels of the World.Other properties the company manages include the 298-room ColonnadeHotel in Boston and the 49-room Orchards Hotel in Williamstown,MA.