The Blue, Hyatt Residences Celebrates its Grand Opening

The Blue, Hyatt Residences, the upscale residential component of Hyatt Miami at The Blue, celebrated its official grand opening with a ribbon-cutting ceremony in Doral, Florida on December 14. City of Doral Mayor Juan Carlos Bermudez, property owners ING Clarion Development Ventures II (CDV II), a fund advised by ING Clarion Partners, and Fortune International welcomed more than 150 guests for an exquisite evening of holiday cheer to benefit Amigos for Kids.

“This is a special night for us, and we are pleased to celebrate it with our partners, Fortune International and Hyatt, and the City of Doral,” said Doug Bowen, managing director for ING Clarion Partners and CDV II portfolio manager. “With the assistance of the honorable Mayor Bermudez, the City has been instrumental in helping us develop a project that is poised for success. We sincerely thank the City of Doral for their on-going support.”

Doral’s newest luxury residential property received a VIP inauguration. Local dignitaries, including Vice Mayor Michael DiPietro, Councilman Luigi Boria, Councilwoman Ana Maria Rodriguez, and Councilman Pete Cabrera, along with members of the business community joined the mayor, Fortune International, ING Clarion, and Hyatt officials to welcome the new high-end residences. The event also served as a collection for the season-long toy drive of Amigos For Kids, a South Florida charity that serves underprivileged children.

“We are proud to have The Blue, Hyatt Residences, as part of our portfolio.” said Edgardo Defortuna, president and founder of Fortune International. “The Blue offers residents the highest quality amenities, a central location, and amazing views of one of the world’s leading golf courses, the TPC Blue Monster. We look forward to helping establish The Blue as one of the premier properties in Doral. ”

The elegant Cobalt Ballroom provided a contemporary setting for the grand opening, where guests sipped on the event’s signature cocktail, “Blue Bubbles,” and enjoyed savory hors d’oeuvres. Venezuelan artist Gerry Stecca showcased several of his famous oversized pieces, made entirely of clothespins, throughout the venue, while the evening’s entertainment was provided by local Latin jazz band Oriente.

The Blue, Hyatt Residences is a 17-acre property offering sophisticated, modern fully-furnished condo-hotel residences in Doral, Florida. The tropical resort consists of 15 three-story villa-style buildings, each with 16 hotel suites comprised of studios, one-bedrooms, and two-story, three bedroom units, set on the famed TPC Blue Monster golf course at Doral. The Blue, Hyatt Residences exemplifies contemporary, urban living with the amenities of a private club, offering access to the surrounding golf and resort facilities through a six month Legends Sports and Spa membership at The Club at Doral, as well as membership to the international Nikki Beach Clubs. The Blue, Hyatt Residences is equipped with a 24-hour fitness center, the signature 5300 Chop House restaurant, tropical landscaping, and a heated swimming pool with private cabanas overlooking the beautiful golf course. The property is conveniently located one mile from Miami International Airport and 12 miles from Downtown Miami.

About Fortune International
The name Fortune International is synonymous with excellence and an unwavering commitment to quality and customer service in the world of luxury real estate. Visionary founder Edgardo Defortuna has set new industry standards ever since he launched the company in 1983. Extensive international and domestic broker networks, augmented by Fortune International’s own 1000-agent local sales force, make it the preferred choice for high-profile residential and commercial products—both those it develops, and those it sells and markets for third parties. The company’s developments include Jade Residences at Brickell Bay, 1200 Brickell, The Bridgewater, Artech, M Resort Residences, Jade Beach and Jade Ocean. Sales and Marketing projects include Flamingo South Beach, The Grand Venetian, Uptown Marina Lofts, 1110 Brickell, 1060 Brickell, Wind, and Icon Brickell.

About ING Clarion Partners
Founded in 1982, ING Clarion Partners and its affiliates manage $39 billion in assets in the private and public equity sectors of the real estate markets. ING Clarion is the Americas arm of ING Real Estate Investment Management, one of the world’s leading real estate investment managers with global assets under management of more than $89 billion and operations in 21 countries. ING Real Estate Investment Management is part of ING Group, a global financial institution offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries. More information about the firm is available at www.ingclarion.com.

About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family in 45 countries strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The Company’s subsidiaries manage, franchise, own and develop hotels and resorts under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites® brand names and have locations under development on five continents. Hyatt Vacation Ownership, Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® brand. As of September 30, 2010, the Company’s worldwide portfolio consisted of 447 properties. For more information, please visit www.hyatt.com.