Lionstone Development to Invest $5M in Ritz-Carlton Bal Harbour

MIAMI—Lionstone Development, LLC,has expanded its hospitality portfolio to include the Ritz-Carlton Bal Harbour.

The development company will invest $5 million to elevate the luxury experience offered at the 18-story, oceanfront resort. Plans include adding a new gourmet-dining concept, full-service spa and fitness facilities.

“The Ritz-Carlton Bal Harbour, Miami was the ideal opportunity for Lionstone Development to expand its already strong partnership with The Ritz-Carlton brand,” stated Diego Lowenstein, CEO of Lionstone Development.

Additions to The Ritz-Carlton Bal Harbour, Miami will include:

  • An exclusive restaurant concept and menu highlighting Miami’s cuisine;
  • A full-service Exhale Spa with 10 therapy rooms, a men’s and women’s sauna and steam room, a variety of therapies including massage, facials, acupuncture, healing, waxing and nail services;
  • 1,000-sq.-ft. mind/body studio  offering core fusion and yoga classes to hotel guests and locals.