Pebb Capital – a diversified, multi-strategy real estate and private equity investment firm – in a partnership with LeaseFlorida, today announced the opening of Hampton Inn at The Continental in Miami Beach, Florida. The new 100-key hotel features a wide range of amenities in one of the U.S.’ leading tourism destinations. This news follows the partnerships acquisition of the historically-designated property in 2016 and subsequent engagement in a $25 million rehabilitation to reposition its interiors to align with the Hampton by Hilton brand, while reinvigorating the architectural splendor of the building.
With extensive expertise in all real estate asset classes, Pebb Capital and LeaseFlorida’s vision for Hampton Inn at The Continental has been realized, to deliver a value-driven hospitality offering surrounded by luxury hotel product and in proximity to the beach, entertainment and shopping. Located just one block from the ocean at 4000 Collins Avenue, the property will provide unmatched value for guests seeking to experience all that Miami Beach has to offer.
Designed by Abraham Herbert Mathes in the 1940s as the Continental Hotel, the revival of the five-story, history building included significant restorations to its marble-clad reception desk and repainting its façade to its former presentation of traditional Miami Modernist (MiMo) style, which captivated Miami Beach design in the post-World War II era. Mathes’ design of clean vertical lines with large windows for natural light and openness was also preserved. Prior to converting the property back to its original hotel status, it served as a condominium in the early 1990s, named The Continental on Collins Ave Condo.
“As renovation experts, we’re proud to present this completed project alongside Pebb Capital,” said Alan Waserstein, principal with LeaseFlorida. “The historic component of this hotel, coupled with the Hampton by Hilton brand will make it a mainstay in Miami Beach’s hospitality scene.”
“We’re thrilled to deliver this property in a coveted location and celebrate its ongoing architectural legacy, while ushering in the contemporary qualities of Hampton by Hilton,” said Todd Benson, principal with Pebb Capital. “This transformed property is a solid addition to our expanding portfolio, further demonstrating our commitment to creating one-of-a-kind destinations in high-density, urban markets.”
Guest rooms and common area spaces boast the comforts and amenities synonymous with Hampton by Hilton. This includes a fully renovated pool, fitness center, business center, as well as 100 spacious rooms. Every Hampton by Hilton guest will enjoy the brand’s signature free, hot breakfast with healthy options; On the Run™ breakfast bags; and free WiFi in every room. Hampton continues to lead the pack in terms of guest experience, with guest happiness being the number one priority, backed by the 100% Hampton Guarantee™.
Set to open in November 2020, the hotel’s ground floor will welcome Piola restaurant, complete with an outdoor terrace and bar. Future plans also call for an adjacent surface parking lot, owned by the firm, to be developed into a parking garage with ground-floor retail.
Hampton Inn at The Continental is part of Hilton Honors®, the award-winning guest-loyalty program for Hilton’s 17 distinct hotel brands. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that can’t be found anywhere else and free standard WiFi. Members also enjoy popular digital tools available exclusively through the industry-leading Hilton Honors mobile app, where Hilton Honors members can check-in, choose their room and access their room using a Digital Key.
The hotel will be managed by Driftwood Hospitality Management. For more information or to make reservations, please visit Hampton Inn at The Continental or call +1 305-532-4999.