Live at the landmark Miami hotel once admired by Karl Lagerfeld

From a balcony overlooking sunny Miami Beach, the American developer Michael Shvo is contemplating his latest project, the Raleigh, a beachfront hotel built in 1940. Shvo’s track record includes Mandarin Oriental Residences, Beverly Hills; Aman New York; and office and commercial projects in Miami, where several signed leases set city records. The Raleigh, however, seems especially personal.

“I tried to buy the Raleigh twice before finally securing it — first in 2012 and then in 2014, when Tommy [Hilfiger] bought it,” Shvo says. “When I successfully acquired it in 2019, I ended up buying the two adjacent hotel properties as well, the Richmond and the South Seas, creating a three-acre site with 215 linear feet of beachfront. I’ve been mesmerised by the Raleigh and its

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