There are distinct advantages to living near a cultural hot-spot, including a wealth of things to see, the possibility of great food right around the corner, and being part of an eclectic, creative vibe. Art museums located in major metropolitan centers bring exactly that type of vibe to the neighborhood in which they are located, and some hotel residences around the world have capitalized on their proximity to major art museums and installations, drawing in residents with a keen interest in being surrounded by culture and creativity. In many cases, the hotel residences themselves are works of art, making them even more attractive to potential occupants.
This week’s news recap includes new openings from W in Switzerland and Fairmont in Saudi Arabia, new plans for a Ritz-Carlton in Kazakhstan, and a Helmut Jahn condo and hotel project in Lower Manhattan… plus updates from Las Vegas, the Maldives, Boston, and San Francisco!
Hotel-branded residences – defined as for-sale apartments or villas bearing the brand of a major hotel chain and under its management and available for use at the option of the owner – have been rapidly multiplying across the globe as real estate developers and hotel operators see the value that the luxury residential components add to the development fundamentals.
Increasingly popular throughout the United States and Canada over the past two decades, these types of projects are now gaining momentum all around the world, with nearly 200 properties now operating. For the first time, the pipeline of hotel-branded residence projects under development is now greater in Asia-Pacific than any other world region.
On a recent visit to the Swiss snow paradise of Gstaad, HotelHomes.com founder Dan August Cordeiro caught up with interior designer Pascale Mangiardi-Heuberger of Rougemont Interiors to talk about design trends and what the wealthy are looking for in their mountain and country retreats.
Dan August: Pascale, you grew up here in Switzerland. How did you get interested in interior design?
Pascale: I always loved creating a feeling of home, and living in different locations has helped me to articulate what creates makes a home special. While I am originally from Switzerland, I studied interiors in the bustle of New York City and also enjoyed the estates of Greenwich [Connecticut] and the Hamptons [on Long Island]. Learning how to adapt and make each home your own – whether a mountain chalet, a city apartment or a traditional cottage – is what I try to achieve.
Dan August: You have a lovely shop here in Gstaad called “MOODS” by Rougemont Interiors. What are your clients looking for in their mountain homes?
Pascale: Every client is unique, and I try to first understand who they are and how they live. Sometimes that is complicated when multiple generations of the same family all have a say in the decision making, as is often the case when a chalet or apartment has been passed down through the family. But generally I can say that many of my clients are looking to create an overall ambience for their chalets which embody the holiday home spirit. This must be a comfortable and relaxing place for the owner.
Dan August: And how to you create this ambience?
Pascale: Generally, we look to help our clients slow down, and to do this we mix different textures to create an interesting visual effect. For example, in many of the older chalets, there is often a great deal of beautiful antiqued wood. We like to contrast this with metals like chrome or dark brass which reflect these details and capture light in an interesting way. This helps to inspire the imagination of the residents and make them pause – after all, that is what holiday homes are for!
Dan August: You mention contrast, but you also seem to work in neutral tones.
Pascale: It’s true, neutral tones are inherently more comfortable and are thus more suited to holiday homes. Warmer neutral colors help to keep modern design feeling human. Sometimes my clients come to me wanting to create an ultra-modern concrete and glass box, but generally they are much happier when we integrate a lighter palette and natural materials.
Dan August: Which other colors are you using right now?
Pascale: As in fashion, in the world of interiors we also have colors and materials “à la mode.” So currently I am really fond of aqua and the turquoise family for objects d’art, pillows and accent pieces. They look great in different times of day and in both natural and interior lighting.
Dan August: You are quite multi-faceted, having both a design studio and a retail shop. What else are you up to?
Pascale: We are really relationship focused, and most of our clients are or become personal friends or acquaintances. We may do a family chalet in the Alps and then also renovate their house in Provence or update their city apartment. Accordingly, sometimes we are involved in styling one room, or involved in a top-to-bottom renovation. We work closely with the architects, engineers, contractors and planners to make sure things go smoothly during any major project. In addition to the shop, we also do a fair amount of custom upholstery and searches for those unique design pieces that become focal points and inspire the rest of the design work.
Dan August: What will be your next move?
Pascale: Maybe I feel this way because of springtime, but I adore gardens! While we often get involved in the furnishings for terraces and pools, I am more and more interested in landscape design. For many country houses, the outdoor space is the primary living area for much of the year, so I am looking to help the same ambience inside extend out into the landscape.
Dan August: Thanks so much for speaking with HotelHomes.com. Last question – if you could own an apartment at any hotel in the world, which would it be?
Pascale: That is a tricky one. Perhaps the new Alpina Hotel in Gstaad. It has all the hallmarks of Alpine style, but incorporates some of the best elements from the American west, with huge stone fireplaces. And I could use their outdoor terrace as my living room!
TV’s Judge Judy Buys $10.7 million condo at Montage Residences Beverly Hills
$90 million Penthouse Buyer at One57 Revealed as Hedge Fund Investor
One & Only Hotel Planned for Jeddah, Saudi Arabia with Residences
Atlantic Associates Real Estate Close on $5.2 million sale at the Residences at the Ritz-Carlton Towers Boston
Du Parc Kempinski Private Residences Nearing Completion on the Swiss Riviera
Hotel & Condo Project Coming to Saskatchewan, Canada
Trump Planning Golf Resort in Israel
Rising Prices in New York and Miami, featuring One57, Sherry Netherland, The Pierre and the Residences at the Miami Beach Edition
$40 million Combination Penthouse Proposed at the Residences at W New York Downtown
Dallas Symphony Orchestra Maestro Selling Residence at the Ritz-Carlton Dallas
Neighbors Excited about new Hard Rock Hotel & Condo in Daytona Beach, Florida
Mixed-Use Bellevue, Washington Complex to Get $1.2 billion hotel, residential expansion
New Generation of Skyscrapers Under Construction in New York
Hotel Zoning Laws Deem Airbnb Illegal in New York City
Pattaya, Thailand-based Tulip Shifting Focus From Residences Back to Hotels
Gansevoort Hotels President Talks Expansion, Success in Turks & Caicos
St. Regis Deer Valley Gets Refinanced
A Bright Outlook for the Luxury Market
New Mumbai Complex Considering Residential Branding
New York’s Park Lane Hotel For Sale, Could Be Redeveloped into Condo
From tropical beaches to desert oases and mountain retreats, some of the world’s best golf courses inspire some players to move next door and encourage novice neighbors to play for the first time. Our four favorite branded resort developments with excellent golf experiences include these top-notch courses and luxury residences in the Arizona desert, the Swiss Alps, an Arabian beach, and the Mexican coast.
At Four Seasons Private Villas Punta Mita near the Mexican resort of Puerto Vallarta on the Pacific Coast, villa owners receive membership to Club Punta Mita. The club features a Jack Nicklaus Signature Golf Course with 18 holes along Banderas Bay and the Pacific Ocean. The course finishes with a spectacular par-3 hole known as “Tail of the Whale,” where golfers tee off for the largest natural island green in the world, 194 yards away. Having earned the #1 rating in the world by readers of Condé Nast Traveller, the private villa residences are equally impressive, ranging in size from nearly 6500 to 8000 square feet (604 to 743 square meters) each.
For those wanting to be in a beach resort setting only 30 minutes from the center of the city, the United Arab Emirates’ Saadiyat Island development incorporates world-class golf, beautiful beaches, five star hotels and a “who’s who” list of global cultural institutions designed by Pritzker Prize-winning architects. The Residences at The St. Regis Saadiyat Island, Abu Dhabi occupy a unique setting along the new Gary Player-designed championship golf course. The course itself is spectacularly beautiful, ringing the white sands of Saadiyat Beach with views the Arabian Gulf’s crystalline waters. The course can accommodate global champions and beginners alike, with courses ranging from 5290 to 7806 yards (4837 to 7137 meters). The 32 residential villas and 259 apartments have open vistas out onto the golf course and many also feature sea views.
High in the Sonoran Desert near Tucson, Arizona, the Residences at the Ritz-Carlton Dove Mountain also enjoy spectacular golf amenities. The Golf Club at Dove Mountain is home of the PGA Tour’s World Golf Championships-Accenture Match Play Championship, with 27 holes of Jack Nicklaus Signature Golf. Out of respect for its desert location, the course takes steps toward a sustainable operations, featuring reclaimed water for course irrigation and a design that respected the pre-existing wildlife habitats and natural washes. The spectacular 45,000-square foot golf clubhouse features truly luxurious facilities, including attended locker rooms, a premier fitness center, night-lit tennis courts, and members-only dining. For those who want to call the resort their home, a select number of land sites are available for sale, for which buyers can custom design their dream home.
For those that prefer cool Alpine air, the Du Parc Kempinski Private Residences in Switzerland offers owners a lifetime membership to the Lavaux Golf Club. Occupying a site with panoramic views of the Swiss Alps, the club is situated above the terraced vineyards which comprise a UNESCO World Heritage site. The 18-hole course stretches out over 52 hectares, and is 15 minutes from the Du Parc’s location on what is known as the “Swiss Riviera.” The luxurious remaining apartments are available for upwards of CHF6 million.
Whether a die-hard golfer or a weekend putter, these four resort developments will offer every level of golf enthusiast great enjoyment over the long and short term. Why not settle in to your luxurious hotel home and improve your handicap at the same time?
There is more than one way to skin a cat, but there are also hundreds – if not thousands – of ways for architects to design homes of specific sizes and styles. In this week’s “Layouts We Love” column, we take a look at four different 1200 square foot (111 square meter) homes in hotel-residential properties around the world.
At New York’s Plaza Hotel, overlooking Grand Army Plaza where Fifth Avenue meets Central Park, an oversized one-bedroom home measuring 1245 square feet (116 square meters) is currently on the market. This wing of the Plaza is available for primary or secondary home-ownership, and its renovation and restoration in 2007 created gracious residences while respecting the landmark building’s original windows and proportions. This 14th floor residence features a grand living room with a decorative fireplace mantel overlooking the treetops and city lights of Grand Army Plaza. This luxurious home features a separate kitchen, beautiful master bedroom suite with five-fixture bathroom and walk-in closet, as well as a powder room for guests. This residence is currently on the market for US$4.4 million, available through one of the building’s most successful agents, Elizabeth Lorenzo of Stribling & Associates.
Meanwhile in the Swiss Alps, the new Chedi hotel and residences in Andermatt combine modern Asian luxury with the area’s rugged chalet style. Measuring 118 square meters (1270 square feet), a third-floor residence offers a luxurious one-bedroom layout. Both its large living room and oversized bedroom open onto a long balcony, while its unique bathroom offers the option to fold back a wall to expose the wonderful mountain views while soaking in the bathtub. Denniston Architects have planned the interiors to maximize its open feeling, and sets of double doors, folding screens, and disappearing pocket doors optimize the flow between rooms, including the lavish dressing room with extensive closets – perfect for accommodating the ski season’s extra wardrobe changes.
Back in the USA, top Boston agent Tim Marsh of Marsh Properties, Inc. has recently sold a 1245-square foot (116 square meter) home at Four Seasons Place. The luxury building located on Boston Common was completed in 1985, and remains today as one of Beantown’s most desirable residential addresses. Located on the 11th floor with sunny southern exposure, its layout has a remarkable flow that maximizes its flexibility. Its living room has double doors opening both into a library that doubles as a guest room, as well as a kitchen that can be opened for casual living, or closed for formal entertaining. Its master suite features three closets, and an oversized bathroom that separates its large vanity and sink from a separate “wet room” with bathtub and toilet.
A world away in China’s 13th largest city of Chengdu, the new Residences at the Fairmont Chengdu form part of the Palm Springs development, combining high quality office space, luxury shopping, a new Fairmont hotel and luxury residences. Currently under construction and scheduled for completion in 2014, a 112 square meter (1206 square feet) residence is designed as an efficient apartment with up to three bedrooms. That may seem like a lot of rooms for 1200 square feet, but the living areas accommodate a generous living/dining room, entry foyer, separate kitchen and balcony. It’s three private rooms include a corner master bedroom suite with bathtub framed by an oversized window and separate stall shower, as well as a gracious dressing area. The second and third bedrooms can also be used as a study/library and media room.
Whether opulent grandeur in New York, luxurious flow in the Swiss Alps, flexible space in Boston, or efficient planning in Chengdu, there is a lot one can do in 1200 square feet. These four options represent some of our “best-in-class” favorites.
Aman to Open Resort with 51 Residences in Portugal
Penthouse Sales at Four Seasons Place Kuala Lumpur Expected to Set New Record
$16 million sale at Trump International Hotel & Tower New York
$6 million sale at the Residences at Mandarin Oriental Boston
Stoneleigh Dallas to Be Rebranded as Le Meridien
Class-Action Lawsuit Advances at Hard Rock Hotel & Condo San Diego
Hotel-Condo Projects Coming to Daytona Beach, Florida
Variety Reviews LA’s Hotel-Residential Projects
Residences at the St. Regis Amman are now 25% Sold
Bangkok’s Branded Residences Attracting Overseas Buyers
Mixed-Use Projects Becoming Popular in Emerging Markets
Meet The Sales Talent Behind The Chedi Andermatt (German)
Haute Living Reviews the Residences at the Ritz-Carlton LA Live
Model Residence at The Ritz-Carlton Residences Bangkok Revealed
Chinese Two-Year-Old Buys $6 million apartment at One57
Spotlight on the Director of Residences at Four Seasons Private Residences Toronto
Four Seasons Residences to Join Hotel in Beverly Hills
Chef Jean-Georges Vongerichten to Join Schrager at the Residences at the Miami Beach Edition
Orascaom Chief Doubles Down on Andermatt Project (German)
$34 million sale at Miami Beach Edition Sets New Miami Record
Massive Hotel-Condo Project Coming to Daytona Beach
Lionheart Pays Off Debt at the Ritz-Carlton Residences Singer Island Palm Beach
Mixed-Use Hotel-Spa-Condo Project Coming to Westchester County, New York
$180 million condo-hotel project coming to Hollywood, Florida
Chetrit Acquires Miami Beach Resort
Hotel Brands Moving Towards “Individual Luxury”
Review of St. Regis Bal Harbour
Trump’s Next Generation Enhancing Brand
New Brand “Hotel NEO by Aston” Launched in Jakarta
Trump Launches Sales For Punta del Este Property
As part of “Mega-Project” week, HotelHomes.com has the following update on one of the most ambitious real estate developments in western Europe, the massive redevelopment of Andermatt, Switzerland.
Nestled in the Swiss Alps just an hour south of Zurich and two hours from Milan, the village of Andermatt occupies an enviable position at the foot of some of the country’s best snow-packed ski trails. Dating back to the neolithic period, the village today has an official population of just 1300, but is slated for major growth through an extensive investment of nearly one billion Swiss Francs by Orascom Development Holding led by its largest shareholder, Samih Sawiris.
Upon completion, the development is slated to include six hotels, 500 apartments, 30 villas, an 18-hole golf course, an expansion and upgrade of the ski facilities and extensive leisure and entertainment offerings. The project’s design has incorporated various environmentally-minded elements, starting with the exclusion of cars from the new village areas, as well as an entirely renewable energy sources and low-waste construction processes. Since breaking ground in 2009, work has commenced on overall site infrastructure, initial residential buildings, the golf course, and the new five-star hotel known as The Chedi Andermatt.
Managed by Singapore-based GHM Hotels, this will be the fourth Chedi-branded hotel to be opened by GHM, with other properties operating in Muscat, Oman, Chiang Mai, Thailand and Bali, Indonesia, and future openings planned in Morocco, India, Japan, China and the United Arab Emirates. Scheduled to open for guests in December 2013, The Chedi offers 64 condominiums, 42 apartment residences, 6 maisonette penthouses and 7 lofts for sale to private individuals. The variety of homes available includes hotel suites that can be rented by the hotel when the owners are not in residence, as well as private residences that can be used by the owners year-round. Particularly important for properties in Switzerland, the development is exempt from the country’s Lex Koller laws, allowing for purchases by non-Swiss residents.
Eyes are now turning to the development’s second phase, which includes a new Radisson Blu Hotel and Convention Center. This four star hotel will comprise 265 hotel rooms, a restaurant, bars and lounges, a spa and beauty area, a leisure and reading area, internet access and satellite TV, storage space for sports equipment, a children’s play area, 24-hour room service, a concierge service, and valet parking. The hotel’s studio to two-bedroom suites are now available for purchase as freehold apartments. Owners can utilize their unit up to 30 days per year, and receive around half of the net rental income when not in residence.
The Andermatt redevelopment has not been without its challenges, however. The ongoing European financial crisis and the strong Swiss Franc have been challenges to sales and financing. As reported by NZZ in March, the project has recently undergone a restructuring with Mr. Sawiris acquiring a majority stake from Orascom and committing to inject an additional 150 million Swiss Francs through 2017. But as the vision of Andermatt starts to become a reality in 2013, we share Mr. Sawiris’ optimism and look forward to toasting with the new homeowners at The Chedi by year’s end.