An $11 million redevelopment job will provide a new boutique hotel to Westhampton Beach.
Development is envisioned to begin in September on the job from Melville-based Peconic Equities that will renovate the previous Grassmere Inn into a 16-key luxury resort termed Seven Seaside Lane, which is also the address of the property.
The redevelopment undertaking will restore the authentic inn and create a new, modern day addition to the back of the making, connecting the previous historic model with modern day layout.
Facilities at the new lodge will involve an outdoor pool and bar, as properly as an indoor cafe and lounge for lodge attendees. Situated on a 1-acre residence in the middle of Westhampton Seashore, Seven Beach Lane is a stone’s throw from downtown places to eat, shops, and galleries. It is also a lot less than two miles from Rogers Beach front on Dune Highway, a well-liked community beach that serves the Westhampton space.
“In the previous numerous yrs there have been a increasing amount of ultra-luxurious boutique resorts opening in the Hamptons, catering to superior-finish clientele searching for a fast escape from the city,” claimed Corey Gluckstal, principal of Peconic Equities. “We are psyched to open the very first luxurious resort in Westhampton Seashore, influenced by the neighborhood heritage and natural surroundings, but with modern day facilities for today’s wellness-minded company.”
The new Westhampton Beach hotel is developed by Patchogue-based mostly bld Architecture and Melville-dependent Beth Donner Style and design is its interior designer.
Seven Beach front Lane will be managed by Daily life Dwelling, which operates other boutique motels in Nantucket, Martha’s Vineyard, the Berkshires and the Catskills. Life Home, which has raised virtually $100 million in backing from prime serious estate and technologies traders including JLL Spark, Kayak, Thayer Ventures, Tiger World-wide, and Inovia, now has a lot more than 60 hotels signed or open up across the U.S., Mexico and Canada.
“As we carry on to broaden our portfolio of luxury homes, we have established at scale that technology can empower our staff to elevate the guest working experience by customized and seamless company,” Bryan Dunn, running director and head of advancement at Life Property, said in a company assertion. “We are thrilled for the chance to collaborate with Corey’s knowledgeable neighborhood workforce to provide a locally-rooted destination to company and residents of Westhampton Seashore, which has lengthy been underserved by quality hospitality selections.”
The principals at Peconic Equities have been involved in extra than $500 million worthy of of transactions more than the final five yrs, such as land acquisitions, self-storage facilities, multifamily progress, hospitality, and combined-use tasks. The company also owns The Fire Island Beach front House, a 38-crucial oceanfront resort found on Hearth Island, which was bought and renovated in 2020.
Gluckstal claims he is bullish on Westhampton Seaside.
“Village officers and citizens have built wonderful investments around the earlier various many years to make improvements to its infrastructure and foster intelligent progress these types of as this challenge,” he explained. “Main Street is vivid, with wonderful parking and access from all directions. I feel our hotel will add a large amount of money of lifestyle to the area neighborhood and aid them achieve their plans as being a person of the best Hamptons, if not the very best.”
Peconic Equities will be looking for economic incentives from the Suffolk County Industrial Advancement Company to guide in the resort undertaking. Design is expected to be finished by the conclusion of up coming year.