In the wake of Miami’s post-recession tourism rebound The Raleigh Hotel in Miami Beach is getting a $20 million makeover. Brilla Group, which now owns the legendary hotel, received word Tuesday that they have been given the green light on the loan which came from the international debt fund.
“The Raleigh is one of Miami Beach’s most emblematic hotels,” said David Brillembourg, chairman and CEO of Brilla. “It has 70 years of history, and we are here to ensure that the legacy and beauty of this hotel remains for future generations. It is our goal to continue enhancing this property to ensure that it performs at its highest level.” Brilla will team up with designer Mark Cunningham to renovate the space and add touches of grandeur to the already classic elegance.
Luckily for travelers The Raleigh will stay open for business while undergoing the transformation. Renovations should be completed by December just in time for the Art Basel Miami Beach’s 10th Anniversary.