Palm Beach Is Having a Luxury Hotel Renaissance
By the time you start to feel the winter blues, this moneyed south Florida enclave will have a clutch of new five-star resorts ready to warm you up.
The pool at the Vineta.
Source: The VinetaIf a few blocks of Collins Avenue in Miami Beach are currently commanding some $2.5 billion in hotel investment, it doesn’t take a lot to imagine how much more money is being pumped up and down the south Florida coast.
Include hospitality-driven real estate developments slightly farther inland from the A1A coastal highway, and the total likely reaches 11 figures. New builds in the area have come fast and furious in recent years, catering to a wealth boom that has made south Florida a national power center. As a result, the boundaries between neighborhoods have blurred, with Miami, Bal Harbour, Fort Lauderdale, Boca Raton and Palm Beach now forming an almost continuous (and continuously luxurious) seaside strip.