Related Group and Fortune reveal details of condo project at former Ireland’s Inn

A trio of developers has started tearing down the former Ireland's Inn in Fort Lauderdale and revealed details about its replacement, the Auberge Beach Residences and Spa.

Condos in the 171-unit project will range from $1.5 million to $8 million. It's being developed by the Related Group, Fortune International Group – two of the biggest condo builders in Miami – and the Fairwinds Group, which formerly owned the hotel for decades.

See the slideshow for photos and renderings.

Auberge Beach Residences will have two towers, one 22 stories and the other 17 stories, with a spa, a restaurant, a fitness center and resort amenities. Auberge Resorts Collection was hired to provide hotel-like services for the residents.

"We have assembled a world-class team to create an unmatched product that embraces the sophisticated, yet casual, lifestyle that embodies Fort Lauderdale," Related Group Chairman and CEO Jorge Pérez said in a news release. "We are excited to bring the high standards of luxury that characterize the Related Group's and Fortune International Group's projects to what has become the next transformative emerging market in South Florida."

RELATED CONTENT: Ireland's Inn to be redeveloped with Related Group luxury condos

Fortune CEO Edgardo Defortuna said Auberge Beach Residences is the first in a new wave of luxury developments that will attract affluent buyers in the South Florida coast.

The developers hired architect Nichols, Brosch, Wurst, Wolf & Associates to design the project and Meyer Davis as the interior designer. Units will range from 1,500 to 5,000 square feet.

They didn't announce the name of the restaurant, but said it would be an American bistro with a raw bar and exceptional wines.

Brian Bandell covers banking, finance, health care and education. Get the latest banking news with our free daily newsletter. Click here to subscribe.