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RH's $150M+ Plans for Nikki Beach Club Site in Miami Beach

Furniture retailer RH, formerly known as Restoration Hardware, has proposed a $150 million-plus redevelopment of the Nikki Beach Club site in Miami Beach.

The company has submitted plans to the city of Miami Beach for a mixed-use development that would include two towers, each 12 stories tall, with a total of 450 residential units. The development would also include 100,000 square feet of retail space, a 10,000-square-foot restaurant, and a 500-space parking garage.

Plans for Nikki Beach Club Site
Plans for Nikki Beach Club Site

The Nikki Beach Club in Miami Beach is a popular restaurant and nightclub located on Ocean Drive in South Beach. The club has been in operation for over 20 years and is known for its celebrity clientele and lavish parties.

RH's proposed development would replace the Nikki Beach Club with a more upscale and exclusive offering. The company has said that the development would be a "destination for fashion, design, and entertainment."

The development has been met with mixed reactions from residents and businesses in the area. Some people have welcomed the proposal, saying that it would revitalize the area and bring in new businesses. Others have expressed concerns about the impact the development would have on traffic and parking.

Loans for Foreingers

The city of Miami Beach is expected to review RH's proposal in the coming months.

Here are some of the key details of RH's proposal:

  • Two towers, each 12 stories tall

  • 450 residential units

  • 100,000 square feet of retail space

  • 10,000-square-foot restaurant

  • 500-space parking garage

  • Estimated cost: $150 million-plus

The development is still in the early stages, and it is not yet clear when construction would begin or when the project would be completed. However, RH's proposal is a significant development for Miami Beach and is sure to be closely watched by residents and businesses in the area.

Loans for Foreingers


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