The Athens Group and MSD Partners, L.P. announced this week, that they have acquired the legendary former Naples Beach Hotel & Golf Club, set on 1,000 feet (300 meters) of white-sand beach in iconic Old Naples. This hotel will be redeveloped into Four Seasons Naples Beach Hotel.
Athens and MSD will be redeveloping the site into the Naples Beach Club, a 125-acre (50 hectare) resort and residential beachfront development offering a one-of-a-kind, luxury lifestyle destination to residents, members, and guests. This special coastal community will include a 216-room hotel managed by leading luxury hospitality 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 world-renowned private residential club communities.
“Our partnership with Four Seasons Hotels and Resorts and Discovery Land Company reinforces our commitment to develop the finest luxury resort on Florida’s Gulf Coast. Naples Beach Club will be a contemporary interpretation of the traditions, style, and spirit of Old Naples,” said Kim Richards, President, and Chief Executive Officer, The Athens Group.
“We are excited to partner with The Athens Group on the development of this extraordinary property, and we are thrilled to be working with Four Seasons and Discovery Land on what will be a first-time collaboration for this world-class team,” added Barry Sholem, Partner and Chairman of Real Estate, MSD Partners.
Four Seasons Resort Debuts in Naples
A 216-room Four Seasons Resort will complement the luxury residences as a retreat exuding the grandeur of a private beachfront Floridian estate.
“The incredible Naples Beach Club marks the debut of Four Seasons on Florida’s Gulf Coast, complementing our existing portfolio of luxury properties throughout the state,” said John Davison, President and CEO, Four Seasons Hotels and Resorts. “We are proud to be a partner in this exceptional project, bringing the vision of MSD and Athens to life by setting a new standard of luxury in Naples and delivering our brand’s personalized service and quality excellence to this beloved beachfront community.”
The Resort will include spacious guest rooms and suites with lounging porches, walk-in closets, and luxurious five-fixture bathrooms. Resort amenities will include inspired indoor and outdoor lounges and restaurants flowing from the hotel lobby, a beachside garden with outdoor pools, cabanas, and an event lawn, upscale retail stores, an event ballroom, and multiple dining experiences with dramatic views of the Gulf of Mexico. In addition, 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 and grill with a game room and a bowling alley, a Kids Club, casual eateries including an ice cream pavilion, and an expansive lawn.
“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 be partnering with Athens, Four Seasons, and Discovery Land on this iconic development,” said Coburn Packard, Partner and Head of Real Estate, MSD Partners.
Construction is scheduled to commence in 2022. Pre-sales for the first phase of residences launched earlier this year.
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