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			  (05 May 2022, 12:28 +07) 
			   SHVO, a New York-based real estate development 
			  and investment firm, has partnered with Rosewood Hotels & Resorts 
			  to breathe new life into the iconic Miami Beach property, The 
			  Raleigh. Located at 1775 Collins Avenue, the re-imagined, 
			  three-acre retreat with 220 feet of ocean frontage in the heart of 
			  Miami’s vibrant Art Deco district will feature three distinct 
			  components designed by architect Peter Marino: - A 60-room luxury hotel managed by Rosewood; - Rosewood Residences Miami Beach, a newly 
			  constructed 17-storey oceanfront tower featuring 44 residences; 
			  and - A private member’s club offering beachfront 
			  dining and leisure.   The Raleigh Miami Beach“As the steward of Miami’s most iconic property, 
			  The Raleigh, I am thrilled to partner with preeminent luxury hotel 
			  brand, Rosewood Hotels & Resorts, and world-renowned architect 
			  Peter Marino to reimagine and secure the rich legacy of The 
			  Raleigh, creating a new, unparalleled hospitality experience in 
			  Miami Beach,” said Michael Shvo, Chairman and CEO of SHVO. “We are 
			  excited to introduce the hotel as well as the residences at The 
			  Raleigh, which offer the unique opportunity, for the first time 
			  ever, to live on property.” Originally constructed in the 1940s by Miami 
			  architect Lawrence Murray Dixon, The Raleigh will be complemented 
			  with the addition of its two neighbors, the Richmond and South 
			  Seas Hotels which SHVO purchased in 2019 with Deutsche Finance America. Peter Marino is helming the design and restoration of 
			  the property in collaboration with Miami-based Kobi Karp 
			  Architecture. Working closely with the Miami Beach Historic 
			  Preservation Board, meticulous 
			  restoration plans are now underway and include one of Miami’s most iconic 
			  swimming pools known for its curvaceous design and tropical 
			  foliage, once designated the most beautiful pool in America by Time 
			  Magazine. The Raleigh’s famed gathering places, the Martini 
			  Bar and Tiger Room, will also be restored and reborn. “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,” said Peter Marino. 
 
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