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Flagstone Property Group Selects Shangri-La Hotels and Resorts to
Operate 147 room Hotel Within the Mixed-use
Island Gardens Project in Miami

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Miami, October 5, 2005 - Shangri-La Hotels and Resorts,  Asia  Pacific's leading  luxury  hotel  group, will  operate the 147-room Shangri-La Hotel, Miami, to be developed by Flagstone Property Group.  The Miami property is Shangri-La's second hotel under development in the United States following the announcement yesterday of the Shangri-La Hotel, Chicago. The Miami property will open in 2008 and the Chicago property in 2009.

Situated on Biscayne Bay with 360-degree views of Miami and its magnificent beaches, the Shangri-La hotel will be part of the $480 million mixed-use Island Gardens project. In addition to Shangri-La services and amenities, distinctive attributes of the project include a 50-slip "super-yacht" harbor plus sophisticated shops and restaurants, all adorned by expansive gardens and galleries. Living Shangri-La fractional residences will also be located in the Shangri-La tower.

"With its magical waterfront location, Island Gardens will be the picture-perfect setting to introduce the Shangri-La style of warm and gracious Asian hospitality to Miami," said Giovanni Angelini, Shangri-La's chief executive officer and managing director. "The Shangri-La Hotel, Miami will be an attractive alternative for sophisticated travelers, offering an intimate stay experience with highly personalized service.  We anticipate positive response especially among business and leisure visitors from the American East Coast and the prosperous Central and South American markets."

Flagstone Property Group Chairman and Chief Executive Officer Mehmet Bayraktar said, "We are delighted that Shangri-La Hotels and Resorts will be a key element of our world-class Island Gardens development. Shangri-La's renowned hospitality and sterling international reputation will complement our overall concept for Island Gardens and become a magnet for both domestic and international travelers."

Designed by concept architects Eric Kuhne & Associates, with interiors by renowned designer Piero Lissoni & Associati, the hotel will be shaped like a stylized lighthouse.  Its 147 rooms, suites and poolside villas will boast floor-to-ceiling, wall-to-wall windows with dramatic, unobstructed views of Miami's skyline, the super-yacht harbor and Biscayne Bay.

Amenities will include round-the-clock butler service, wireless internet access, luxurious bathrooms and Shangri-La's signature beds and bed linen. The twelve one- and two-bedroom poolside villas will offer exceptional space, views and privacy.

Shangri-La will also manage 105 Living Shangri-La fractional residences located on the top floors of the tower.  The fractional residences will offer spacious two- to four-bedroom accommodation and amenities for owners and will periodically be available to hotel guests.

An array of food and entertainment experiences will attract Miami locals as well as out-of-town guests.  The Asian feature restaurant, with vista windows overlooking Biscayne Bay, will offer creative, boldly flavored cuisine against a panorama of the cruise ships arriving in Miami.  The harbor-side lounge will offer al fresco dining throughout the day with live music in the evening.  The terrace café at the pool will serve refreshing drinks and meals in the cabanas and bamboo grove.

CHI, The Spa at Shangri-La, will feature Chinese and Himalayan healing therapies inspired by the origins of the Shangri-La legend. The hotel's 20,000-square-foot (1,858-square-meter) CHI spa will offer expansive indoor and outdoor treatment rooms.  In addition, the 3,000-square-foot (279-square-meter) fitness facility will be open 24 hours a day and will offer the latest fitness equipment as well as a peaceful yoga and Pilates studio.

On the hotel's function level, the business center will provide comprehensive secretarial services, private work stations, a boardroom, plus a "green room" for VIPs. For social and corporate gatherings, the hotel will offer a screening room and an array of spacious function rooms, all with spectacular views and extensive audio-visual features.
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Shangri-La Hotel, Miami
Fact Sheet

Developer: Flagstone Property Group, Miami Beach, Florida
Concept Architect: Eric Kuhne & Associates, London
Architects of Record: Spillis Candela DMJM, Coral Gables, Florida
Interior Designer: Lissoni Associati, Milan
General Contractor: Clark Construction, LLC, Tampa

Opening 2008

Location

  • Island Gardens, Watson Island on Biscayne Bay
  • Convenient access to downtown Miami (five minutes) and South Beach (10 minutes) via MacArthur Causeway and by water taxi
  • 15-minute drive from Miami International Airport, 30 minutes from Fort Lauderdale International Airport
Building
  • Two-tower development with hotel and fractional residences and a multitude of dining, entertainment and shopping venues. Hotel to occupy floors one to 14 and fractional ownership suites to occupy floors 15 to 42.
Accommodations
  • 147 hotel units total:
  • 135 spacious guestrooms and suites (minimum 480 square feet each)
  • 12 one- and two-bedroom poolside villas (approximately 1,200 square feet each)
105 fractional residences

Guestroom Features

  • Unobstructed views of the Miami skyline, South Beach, the super-yacht harbor and Biscayne Bay
  • Exclusive "Shangri-La Bed" featuring patented body-contouring technology
  • Separate oversized shower and bath
  • 24-hour butler service
  • Comprehensive range of business and communications features
Restaurants and Bars
  • Harbor-side lounge
  • Asian feature restaurant
  • Terrace café at the pool
Recreation Facilities
  • 20,000-square-foot CHI, The Spa at Shangri-La, with private, spacious indoor and outdoor spa suites offering a "spa within a spa" atmosphere
  • 3,000-square-foot fully equipped fitness center with Pilates and yoga studio
  • Outdoor swimming pool
  • Waterfront gardens, prestigious retail shops and restaurants, landscaped promenade, maritime gallery, fresh fish market and super-yacht harbor
Meetings and Banquets
  • Function rooms with capacity up to 150
  • Screening room
  • "Green Room" for VIPs and Brides
Other Project Amenities
  • Island Gardens will include a 50-slip "super-yacht" harbor; sophisticated retail and dining outlets; and an additional hotel; all adorned by unique gardens designed by Fairchild Tropical Botanic Gardens, exhibits by local artists and a maritime gallery with exhibits from the South Florida Historical Museum
  • Less than five minutes from Miami's new Performing Arts Center and Museum Park

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Shangri-La Hotels and Resorts is in advanced negotiations to open properties in other strategic North American gateway cities.

Hong Kong-based Shangri-La Hotels and Resorts currently manages 48 hotels under Shangri-La and Traders brands with a rooms inventory of over 21,000. Shangri-La hotels are five-star deluxe properties featuring extensive luxury facilities and services.  Shangri-La hotels are located in Australia, mainland China, Fiji, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Taiwan and the United Arab Emirates.  The group has over 30 projects under development in Canada, mainland China, India, Malaysia, Maldives, Oman, Philippines, Qatar, Thailand, the United Arab Emirates, the United Kingdom and the United States. For more information or reservations, please contact a travel professional or access the website at www.shangri-la.com.

Flagstone Property Group is the U.S. property development entity of Mehmet Bayraktar, a leading European mixed-use commercial property developer. Mr. Bayraktar formed Flagstone in early 2001 to establish a U.S. property development portfolio.  Details on Flagstone, the management team and its projects are available at www.flagstonegroup.com.

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Contact:

Judy Reeves
Public Relations Manager, North America
Shangri-La Hotels and Resorts
1501 Broadway, Suite 502
New York, NY 10036
Tel: (212) 382-3155
Fax: (212) 382-3329
E-Mail: judy.reeves@shangri-la.com
Website: www.shangri-la.com
 
 

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Also See: A 350 room Westin to Be Cornerstone of Miami's $480-million Mixed-use Island Gardens Project / September 5, 2005
Turkish Developer Mehmet Bayraktar Preparing to Convert Watson Island into Miami's newest Resort, the 600 room Island Gardens / Dec 2004


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