BOCA RATON, FL (November 26, 2012) –In just a little more than three months since its acquisition, AWH Partners, LLC and The Lane Organization LLC jointly announce that construction on the pre-approved much awaited 270-foot wraparound seawall and dock at the Boca Raton Bridge Hotel will begin Wednesday, November 28th. Dubbed its “waterfront promenade”, the new dock-to-dine amenity will offer guests the opportunity to arrive by boat for the only public“on-the-water” dining in Boca Raton served up at The Bridge Hotel’s popular WaterColors restaurant.
The dock expansion and enhancement that will flank the property’s entire Lake Boca perimeter marks the initial phaseof the Bridge Hotel’s major “reinvention” redevelopment plan. The subsequent transformation phase, anticipated to begin in late spring/early summer, will be much more comprehensive with the introduction of entirely new hospitality and dining concepts, further expansion waterfront amenities, and extensive renovations of guestrooms, restaurants and public spaces.
The Bridge Hotel remains one of Boca’s most notable, operating as a traditional hotel, as new ownership repositions and reinvents it to be more relevant and exciting to meet the desires and needs of today’s discerning vacationers as well as social and business guests. Led by a seasoned team of designers and consultants the hotel is being completely transformed into a premier South Florida experience with its own newly positioned distinctive signature in the destination.
Construction Is Prelude To What Is In Store
“Construction on the new seawall and dock is just the first step in our comprehensive transformation of the Bridge Hotel, serving as a prelude to what is in store for guests and the community in upcoming phases planned to position the property to luxury boutique hotel four-star status,” noted Russ Flicker, managing partner of AWH Partners, LLC., a joint venture between August Group Ventures, LLC and Winston Harton Holdings, LLC, in Partnership with The Lane Organization. “The best is yet to come.”
AWH Partners, LLC identifies and acquires outstanding assets in key locations that require operational and physical repositioning to achieve their highest and best use. The Bridge is an established community icon in an enviable locale with a longtime history serving as the locals’ favorite “guesthouse” for visiting friends, family, and colleagues. The acquisition afforded the partnership the opportunity to return to South Florida to expand its presence add another “hotel repositioning success story” to its burgeoning portfolio.
Dining Guest Comfort A Priority During Daytime-Only Dock Construction
For guest comfort while the daytime-only dock construction is in progress from Monday through Friday, a la carte breakfast and lunch traditionally served at WaterColors will be relocated to Carmen’s at the Top of the Bridge, with happy hour and dinner resuming at WaterColors from 4:30 p.m.-11 p.m.
WaterColors new menu, introduced this week, will be served in Carmen’s where guests enjoy sweeping penthouse-level panoramic views of Lake Boca, Intracoastal and Atlantic Ocean. New lunch and dinner starters and entries include Spinach, Crabmeat & Artichoke Dip; Chicken Portabella Quesadilla; Bridge Sliders; Veggie Burger; Waverunner Sandwich, and fresh clams and mussels.
The Boca Raton Bridge Hotel, one of Palm Beach County’s boutique icon hotels with panoramic water views from every guest room, is located where the Intracoastal Waterway and Lake Boca Raton meet at 999 East Camino Real in Boca Raton. For hotel reservations, visit www.bocaratonbridgehotel.com or call (561) 368-9500; for dining updates at WaterColors or reservations for Carmen’s award-winning Sunday Brunch, call (561) 886-4570 or visit www.opentable.com.
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About AWH Partners, LLC
AWH Partners, LLC, a joint venture between August Group Ventures, LLC and Winston Harton Holdings, LLC, offers an experienced institutional investment and management platform with dedicated capital. For more information, visit www.awhpartners.com.
About August Group Ventures, LLC
August Group Ventures is a privately held real estate investment, development and management firm founded in 2009 by New York-based Related Companies veteran Chad Cooley to pursue opportunities in the ailing hospitality market. August Group owns and manages hotels around the United States and seeks opportunities to invest in and manage assets requiring capital, repositioning and turn-around expertise. For more information, visit www.augustgroupventures.com.
About Winston Harton Holdings, LLC
Winston Harton Holdings, LLC (WHH) was established by Russell Flicker and Jonathan Rosenfeld to acquire distressed, value-added and operationally intensive real estate assets through equity and debt. Its principals have extensive experience and complementary skill sets in the real estate sector, including acquisitions (private transactions and public securities), capital markets and asset management and asset repositioning. WHH will partner with both traditional institutional capital as well as private pools of capital to pursue transactions ranging from $10 – $250 mm. For more information, visit www.whhllc.com.
About The Lane Organization LLC
The Lane Organization LLC (“Lane Organization”) was founded by Clifford P. Lane and his son Matthew in 2011. Focusing on luxury hotels, the Lane Organization enters into cities to reposition assets and team up with management firms who can assimilate to their locations while standing out amongst the competition. The Lane Organization emphasizes building strong partnerships while maintaining the company’s core ideas, beliefs, and values to ensure the success of all of its properties. For more information please visit www.thelaneorganization.com.
About Lane Hospitality
Lane Hospitality offers expertise in all facets of hospitality management and is committed to preserving, protecting and enhancing the value of hotel real estate. For more information, visit www.lanehospitality.com.
