New York-based real estate development and investment firm SHVO has partnered with Rosewood Hotels & Resorts to write the next chapter for iconic Miami Beach property, The Raleigh. Located at 1775 Collins Avenue in the city’s Art Deco district, the reimagined three-acre retreat will comprise three distinct components designed by acclaimed architect Peter Marino.

Inside, the hotel is set to be entirely restored and modernised with 60 rooms and suites, while a newly constructed 17-storey oceanfront tower will house 44 residences, and a private member’s club offers beachfront dining.

“As the steward of Miami’s most iconic property, I am thrilled to partner with preeminent luxury hotel brand and world-renowned architect to revive and secure the rich legacy of The Raleigh, creating a new, unparalleled hospitality experience in Miami Beach,” says Michael Shvo, Chairman and CEO of SHVO. “We are excited to introduce the hotel and residences, which offer the unique opportunity, for the first time ever, to live on property.”

Marino is helming the design and restoration of the property in collaboration with Miami-based Kobi Karp Architecture, enlisting a team of artists and craftsmen to envision the contemporary design scheme. Keeping The Raleigh’s history in mind, famed gathering places the Martini Bar and Tiger Room will be restored and reborn with an eye for Miami’s Art Deco elegance as well as its modern roots.

Sonia Cheng, Chief Executive Officer of Rosewood Hotel Group, comments: “At Rosewood, we are committed to preserving historical gems that truly embody their destinations, while also breathing new life into the properties. Our commitment to the local community is to ensure that The Raleigh honours its legacy for locals and visitors to once again relish this long-cherished property.”

Originally constructed in the 1940s by Miami architect Lawrence Murray Dixon, The Raleigh will be complemented with the addition of its two historic neighbours, the Richmond and South Seas Hotels, with each building’s Art Deco facade restored and integrated within the hotel in line with Rosewood’s guiding A Sense of Place philosophy. SHVO purchased The Raleigh, South Seas and Richmond Hotels in 2019 with Deutsche Finance America. Working closely with the Miami Beach Historic Preservation Board, SHVO’s restoration plans also include Miami’s most iconic swimming pool ,known for its curvaceous design and tropical foliage.

Marin explains: “This fresh, historic restoration and renovation of The Raleigh joins a private beach club with a Latin beat and elegant residences of demure black, white and ivory. This mixture is the best Miami cocktail that I can imagine.”

Inspired by Marino’s architectural commissions for Chanel meanwhile, the new tower’s façade features white columns and black mullions that create rhythm and movement while prioritising large windows for maximum light, air and ocean views. Inside, a calm material palette encompassing artisan plasters, hand-painted millwork and noble stones create a serene and elegant place for living. The residences are accessible via private porte-cochere and two dedicated residential lobbies featuring art and furnishings curated by Marino himself.