The building housing the Miami Woman’s Club will undergo renovations that will turn it into a restaurant and ballroom, after club members voted in favor of a deal with a Canadian real estate company.
In the vote yesterday, members of the club approved a lease with Heafey Group of Quebec,according to the Herald. The lease on the Mediterranean Revival building will run for 90 years.
Heafey will spend $8 to $9 million on renovations. The lower two floors of the building will be turned into restaurant space, with another floor becoming a ballroom for The Grand Hotel next door. Heafey would also have use of outdoor space. The club, which was founded in 1900, would retain use of the top two floors.
Two other developers, Avra Jain and Related Group, had expressed interest in the building, but Heafey’s offer trumped them both. Heafey has owned the 80,000-square-foot retail center at The Grand since 1990, according to their website.