Claro Corp

Costa d' Este Beach Resort was a beach front property located in the quiet east coast Florida town of Vero Beach in need of serious TLC. The hurricane season of 2004 faced the existing hotel with possible extinction. The existing property was completely destroyed when hit by two consecutive storms.

Claro Development was engaged as the owner's representative and developer to lead the project re-development team. New design, operations management, and construction management teams were hired to create a new modern luxury boutique hotel. A kitchen, lounge, bar, lobby, spa, and ballroom were created to support the 94 guest rooms. The project was designed with Florida Green Building and LEED standards in mind for all major infrastructure systems. A new infinity edge pool, spa pool and cabana bar were included in the central building courtyard. Claro involved the operations management team early in the design process to make for a smooth and seamless transition from the development process to the operation of the property upon turnover. Claro also successfully underwrote and sponsored the construction and development financing necessary for the project.

The hotel opened in mid 2008 to an excited community as the first world-class boutique luxury hotel in Vero Beach. The development accomplished the difficult goal of introducing something completely new to an established market while at the same time uniquely filling a community need. The cultural influence of the owners has created a destination for both guests and locals to have a Vero Beach experience that can only be found at this property.

Owner: Estefan Enterprises
Location: Vero Beach, Florida
Project Type: Hospitality
Number of Rooms: 94
Amenities: Lounge / Bar, Restaurant, Ballroom, Spa, Pool Deck, Pool Bar
Budget: $40,000,000