About us Old

Who We Are

Inspired by visionary forebearers and sustained by a continuing commitment to excellence, Lionstone initiates and participates in world-class residential development and hospitality ventures that comprise its existing profitable portfolio.

Integrity and dynamism have defined Lionstone and its affiliated companies in the United States, the Caribbean and South America for decades. That same spirit motivates the family-owned Lionstone organization as it continues to create distinctive properties that respect and enhance the communities where they invest and work.

Decades of Experience

Lionstone Development’s long range goal is to develop and manage a diversified portfolio of exquisite residential and hospitality ventures in optimum locations. Lionstone aims for profitability and long-term value appreciation for its shareholders, a congenial and productive work environment for associates, and sustained profitability and appreciation for its assets. These principles are as fundamental to the company’s performance today as they have been for generations.

1960s

1966 - Acquires the White House Hotel, South Beach (sold in 1973)

Acquires a 35,000 sq. ft. retail building in South Beach

Acquires two rental apartment buildings in Miami Beach (sold in 1973)

1967 - Acquires the Copacabana Hotel, Miami Beach (sold in 1970)

Acquires the 150,000 sq. ft. Mercantile Office Building in Miami Beach (sold in 1976)

Initiates co-investment and sale of Southeast Centers, shopping centers in Miami and West Palm Beach with 150 tenants and 600,000 sq. ft. of retail space

1970s

1971 - Acquires the 352-room DiLido Hotel, Miami Beach

1974 - Acquires and initiates development of a 550-acre residential community in Pembroke Pines, Florida (sold in 1978)

1974 - Acquires the 325-room Seville Beach Hotel, Miami Beach

1980s

1980 - Initiates investments in more than 250,000 sq. ft. of freestanding retail and commercial space in Buenos Aires and surrounding suburbs

1985 - Develops Paseo de la Infanta, a 200,000 sq. ft. shopping center in Palermo, Buenos Aires

1990s

1992 - Co-develops Paseo Alcorta, a 1 million sq. ft. shopping center in Buenos Aires with more than 200 tenants (Interest sold in 1993)

1997 - Acquires the 200-room Curacao Casino Resort. In 1999, repositions property as the Sheraton Resort & Casino, and in 2003, further upgrades and repositions the property as the Hilton Curacao & Casino

1999 - Acquires the 600-room Holiday Inn Aruba

2000-2004

2000 - Acquires the Princess Beach Resort & Casino in Curacao (repositions as the all-inclusive Breezes Curacao in December 2001)

2001 – Acquires the Historic Dupont Plaza Hotel in Downtown Miami (redeveloped into EPIC Residences & Hotel)

2003 – Reopens the Di Lido Hotel as 375 room The Ritz-Carlton, South Beach

2004 – Dilido Retail Shops opens

2004 - Launches co-development and pre-sales of EPIC Residences & Hotel with CMC Group in Downtown Miami for a mixed-use project including a 55-story residential tower, five-star hotel, marina, and retail space

2004 - Acquires and renovates iconic commercial property on Lincoln Road in Miami Beach

2005-2010

2005 - Relocates Lionstone company headquarter to prestigious Lincoln Road location

2005 - Acquires lots in Muller Bay and Vessup Point

2005 - Initiates permitting for Acqua Marina, a $15 million residential venture in Fort Lauderdale (sold in 2012)

2005 - Initiates co-development for the St. Regis Residences, Costa Rica

2005 - Initiates co-development to convert the Seville Beach Hotel into The Ritz-Carlton Club and Residences, South Beach (Sold property to Marriott International in 2010)

2006 - Begins the entitlement phase of a 250-unit condominium (fractional and estate residences) in the U.S. Virgin Islands as co-developer with The Ritz-Carlton Development Company (Sold to The Ritz-Carlton Development in 2007)

2006 - Initiates the co-development with Global Development of a 65,000 sq. ft. residential venture in Bay Harbor Islands, Florida (Sold in 2012)

2007 – Acquires and renovates The Beach House Hotel & Restaurant in Isla Verde, Puerto Rico

2008 – Acquires Floris Suite Hotel Curacao

2008 – Construction of EPIC Residences & Hotel is completed

2009 - EPIC Hotel opens and managed by Kimpton Hotels & Restaurants

2011-2015

2011 - Acquires and initiates development of the Old Dearborn Bank Building in Chicago to convert into a Virgin Hotel

2012 - The Ritz-Carlton, South Beach undergoes $11MM hotel room renovation

2013 - Full renovation of rooms at the Hilton Curacao and Casino

2013 - Holiday Inn Aruba undergoes Hotel room renovation

2013 - Leases 19,000 gsf of retail space to Walgreens on the corner of Collins Avenue and Lincoln Road

2013 - The Ritz-Carlton, South Beach undergoes a full meeting space renovation

2014 - Sunscape Curacao Resort renovation completed

2014 - Sells the neighboring entitled parcel to Epic Hotel & Residences for a market record price

2014 - Acquires luxury ocean front property and converts into The Ritz-Carlton Bal Harbour

2015 - The first Virgin Hotel in the world opens in Chicago with 250 rooms

2016-2019

2016 – Lionstone Development celebrates its 50s anniversary

2017 – The Ritz-Carlton Bal Harbour refurbishes its guestrooms and suites for 3 MM

2018 – The Ritz-Carlton South Beach undergoes 90 MM renovations of guestrooms and public areas

2019 – Agreement signed with AM resorts to convert Hilton Curacao to 5 start all-inclusive Dreams Resort

2019 – Opening of Dreams Curacao resort after 15 MM renovation

2020s

2020 - The Ritz-Carlton South Beach reopens after a 90 Million renovation

2020 – Lionstone partners with Flag Luxury and Ben-Josef Group to merge The Ritz-Carltons and Sagamore

2021 – 7 MM conversion renovation of Floris Curacao resort to Dreams Preferred underway