The Miami Design District has found its hotel partner: Fouquet\u2019s.<\/p>\n
The luxury hotel chain, which hails from Paris, will operate a 12-story, 85-room establishment within the expansion of the shopping district<\/a>, designed by Pritzker Prize-winning architect David Chipperfield.\u00a0<\/p>\n SEE ALSO: In Florida, Lawsuits Abound Over Allegedly Shoddy Condo Construction<\/a><\/p>\n The hotel will be connected to a 25-story, 143-unit condo tower at 39 NE 39th Street. Fouquet\u2019s, owned by Groupe Barri\u00e8re<\/a>, will manage the residences and its amenities, including five dining concepts.<\/p>\n Founded in 1899 on Paris\u2019 famed Champs-\u00c9lys\u00e9es, Fouquet\u2019s made its U.S. debut in New York\u2019s Tribeca neighborhood, opening a 97-room hotel in 2022. Its other resorts are in Saint-Barth and Courchevel.<\/p>\n Groupe Barri\u00e8re, founded in 1912, owns 12 hotels and 32 casinos. The Parisian firm remains under the control of the fourth generation of the Barri\u00e8re family and is currently led by Alexandre Barri\u00e8re and Joy Desseigne-Barri\u00e8re.<\/p>\n The hotel is part of the Miami Design District\u2019s largest expansion since launching as an open-air luxury mall, which now includes Chanel, Herm\u00e8s and Prada stores. The owners of the shopping mall, Craig Robins\u2019s Dacra<\/a> and LVMH-backed L Catterton<\/a> private equity firm, purchased<\/a> a 15-building portfolio on the west side of the district for nearly $165 million in 2022.<\/p>\n The joint venture made the purchase with new partners, including Qatari firm Constellation Hotels Holding<\/a>, New York-based private equity firm Raycliff Capital<\/a>, and the developer and owner of South Florida\u2019s Four Seasons properties, Fort Partners<\/a>.<\/p>\n