Lynx Unveils $120M Beach House Condo Plan

The hotel will continue operating through Dec. 31, and Rubell continues to operate the Greenview and Albion hotels on South Beach. Beach House condominium will break ground in February 2006 and completion is expected in mid-2007, Brugo says.

Lynx hired New York City-based Richard Meier as architect for the 101-unit, 12-story tower to be constructed on the hotel parcel along with four 4,500-sf attached townhouses, which Brugo calls "mini-Meiers," on what is now a parking lot across from the hotel. Meier, a modernist, is noted for Getty Museum in Los Angeles, Barcelona Museum of Contemporary Art in Spain, and Frankfurt Museum of Decorative Arts in Germany. "It's not often someone can own a home designed by Meier," Brugo, himself an architect, says. These units will have individual lap pools and beach cabanas; they will sell for between $2.5 million and $3 million.

The condo tower, faced entirely in glass, will contain one-, two- and three-bedroom units and four four-bedroom, three-story ground-floor villa units with terraces and direct access to the beach. These have 5,500 sf under air and will sell for approximately $7 million. The one-bedroom units contain between 1,000 and 1,500 sf and their prices will begin just under $1 million, according to Brugo. Larger units range up to about 2,900 sf.

The property has 200 linear feet of beachfront and will have a private landscaped beach garden. It will also contain an ocean pool and a rooftop pool, private beach club, health club, wine and cigar lounge, and a spa with sauna and steam rooms. Prodigy International Development Sales, also based here, is exclusive sales and marketing agent for Beach House. Rodrigo Nino, president, notes this is Meier's first project in Miami and claims, "it will raise the bar in the South Florida real estate market."