" Faena adds: "It's not about a building, it's not about making a hotel.
The project has been surrounded by a shroud of mystery since day one, a mystery that characterizes Faena himself.
FORBES: Alan Faena, The Developer Behind The $550M Revival Of Miami's Saxony Hotel
Faena is fiercely proud of the Foster condominium's balconies, which rival the interior living spaces, which range from 1, 307 to 4, 730 square feet.
Faena has also built several residences and an impressive cultural center.
FORBES: Alan Faena, The Developer Behind The $550M Revival Of Miami's Saxony Hotel
And Faena is looking to take advantage of this momentum.
FORBES: Alan Faena, The Developer Behind The $550M Revival Of Miami's Saxony Hotel
With his partner, Russian-born billionaire Leonard Blavatnik, he has bought up four city blocks along South Beach's Collins Avenue, including the '40s-era Saxony Hotel, and enlisted a roster of A-list talent to construct another Faena district.
Alan Faena, the developer which counts with the support of billionaire Len Blavatnik, is set to revolutionize the Miami beachfront with the Faena Saxony, featuring the work of all-star architects Norman Foster and Rem Koolhaus.
FORBES: Alan Faena, The Developer Behind The $550M Revival Of Miami's Saxony Hotel
So in addition to the simplicity of generous balconies and a wider-than-usual stretch of gardens (designed by Miami landscape architect Raymond Jungles), Faena would like the new hotel to evoke the resorts of the French Riviera's golden era.
From the Ritz Carlton Residences at LA Live to the up-and-coming One57 in New York to the planned Faena project at the Saxony Hotel in Miami, developers have incorporated hotels into their new towers that allow residents to enjoy year-round travel amenities like fitness and spa services, room service, and housekeeping.
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