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Alan Faena


Most Creative People 2017

Alan Faena

Founder and President, Faena Group

For bringing new heat to Miami

Argentinian developer and hotelier Alan Faena has revamped the sleepy Miami neighborhood Mid-Beach, creating “a new epicenter of Miami Beach based on art, culture, music, architecture, and form,” he says. The six-block area is now a $1.2 billion cultural enclave (financed by billionaire Len Blavatnik) called the Faena District.  The Faena Hotel, a 169-room revamp of the old Saxony (where Frank Sinatra used to play), anchors the district. It’s decked out in high Gatsby style by director Baz Luhr­mann and his production-designer wife, Catherine Martin. The nearby Casa Faena offers the Faena experience at a lower price. The Foster + Partners–designed Faena House became an instant landmark when it opened in 2015 for its tiers of organically curvy balconies and a penthouse that sold for $60 million. (Residents include Goldman Sachs CEO Lloyd Blankfein and gallerist Larry Gagosian.) Three large, striking build­­ings by Rem Koolhaas’s firm OMA are mostly open to the public. The Faena Forum is a 43,000-square-foot cantilevered structure that can be custom-configured for events. Next door is the Faena Bazaar, which will house a rotating assortment of shops, and a striking white perforated rectangle—which turns out to be an automated valet parking garage. “I don’t see myself as a developer,” Faena says. “I’m much more interested in making a show, making public art. But I need the buildings to make a statement.” 

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