Pharrell, David Grutman Open up Goodtime Miami Beach Resort

The Goodtime Hotel with Pharrell Williams and (from top) David Grutman, Michael D. Fascitelli and Eric Birnbaum (Getty, Alice Gao)

After about 5 a long time and $200 million, the Goodtime Lodge is just about open.

The Washington Avenue lodge, formulated by Imperial Companies’ Michael D. Fascitelli and Eric Birnbaum, opens Thursday. The builders brought on star talent to provide and operate the property: Pharrell Williams, hospitality mogul David Grutman and designer Ken Fulk.

The 266-critical hotel, at 601 Washington Avenue, features about 100,000 square feet of community spaces, Grutman’s 30,000-square-foot Strawberry Moon cafe and pool club, 45,000 sq. toes of ground floor retail, a fitness center and library, according to a launch.

The venture marks the first hotel for Grutman, founder of Groot Hospitality. The developers compensated $36 million for the total Washington Avenue block in 2015, documents clearly show. The job was partially financed with a $45 million mortgage from Financial institution OZK in early 2018.

“This space of Washington Avenue was in deep need to have,” Fascitelli stated. “It took a whole lot of cash to bring it to this level.”

Fulk mentioned it “feels like the perfect moment” to open the hotel, with so considerably attention targeted on South Florida. The Goodtime is hosting InterMiami’s soccer year launch on Friday and will have pool activations this weekend to rejoice the opening, Grutman explained.

The lodge and house have been developed by architect Morris Adjmi, Fulk and landscape architect Raymond Jungles. Hotel rooms selection from about 200 sq. feet to 1,000 square feet, Birnbaum explained.

The partners, who referred to the lodge as “approachable luxury,” explained they are open up to acquiring much more Goodtime lodges. Birnbaum and his organization, Dreamscape Firms, are purchasing motels throughout the country. He claimed he is also searching for new advancement web-sites in the Miami spot.

“The essential is to get this a single appropriate and make it a accomplishment,” Birnbaum additional. “When and if we do that, options will crop up.”