Hilton Home In Seacrest Beach - Paradise By The Sea

Discussion in 'Real Estate' started by Magic Hour, May 11, 2005.

  1. Cheering472

    Cheering472 SoWal Insider

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    I've always been interested in your neighborhood. I knew your house right away from the avatar view. I wondered where the beach access is from your home.
     
  2. 30ashopper

    30ashopper SoWal Insider

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    Right here!
    Can you elaborate???? :popcorn:
     
  3. J-WS6

    J-WS6 Beach Comber

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    I'm curious as well..
     
  4. AAbsolute

    AAbsolute Banned

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    My tile installers worked on the job and there may be product selections etc, and things other than construction, but I feel certain, as far as construction goes, Mr. Hilton's people complete that whole job on the date and time of his choosing.

    It's got to be outside the scope of construction related delay, as is usually the case when you deal with that complex creature, the human being.
     
  5. seagrovegirl

    seagrovegirl Beach Fanatic

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    How many years has it been since construction started on the Hilton House? Four?

    Obviously, it is very complex construction....guess I am just being nosy as to why it is taking so long. The house is fascinating!
     
  6. Santiago

    Santiago Beach Fanatic

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    I thought Doodle sold that track to Geoff Wilder who ultimately sold it to LUK.
     
  7. AAbsolute

    AAbsolute Banned

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    I hope it's not in bad taste to talk about. I'm relaying it the way I understand it from my talks with Doodle because I found it intriguing. The Rosemary tract was sold to LUK in 2 phases. 1 South of 30A, the other North of 30A. I understood that Doodle had all the land in the original Barber tract in his control and the South Rosemary tract went to LUK before the North tract. How the South went from Doodle to LUK I don't know. I was just told that Rosemary was to be only South of 30A in its original plan.

    What I do understand was that when the North 30A tract for Rosemary was in negotiation for purchase by LUK, Doodle flew to meet with LUK executives, including Joseph Steinberg, in NY and, instead of starting the negotiation with LUK's purchase of the North, Doodle turned the negotiation upside down by asking LUK what their expected return was going to be on the development of the North. They responded with their anticipated total return and, instead of moving forward with North talks, Doodle presented LUK with an offer, and a check, to purchase the South parcel back from them at that same rate of return.

    Of course LUK rejected the offer to sell back the South parcel. This made it apparent that it was much more valuable to LUK than they previously had said and set the stage for continued negotiations on the North tract with Doodle in a much more fertile and advantageous position.

    Pretty simple negotiating gambit on his part, but so exacting at the same time.
     
    Last edited: Jul 18, 2008
  8. PTWizard

    PTWizard Beach Lover

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    The avatar view is looking southeast. If you looked southwest at about the same angle you'd see the beach access, about 50 yards from the end of our driveway.
     
  9. PTWizard

    PTWizard Beach Lover

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    Construction on the the Hilton House began in 1999. One reason, but not the only reason, it has taken so long to build is that eveything in this home, from the structural steel to the windows and doors are of a custome made one of a kind design. For an interesting look at the structural steel check out the photos of this home on arthurdyson.com.
     
  10. 30ashopper

    30ashopper SoWal Insider

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    "Primary rooms are suspended on concrete pods at various levels within a greenhouse structure of coral-tinted reflective glazing. One interior stairway encircles a glass-enclosed elevator, while another winds around fully grown native palms. The top lacuna of an exterior two-level saltwater swimming pool fountains into the lower basin, then enters the interior by flowing beneath the edge of a glazed wall. Tiered roof wings sweep upward, forming a series of clerestories that shield the open floor plan from excessive sun exposure while presenting unobstructed views of the oceanfront during daytime and allowing stargazing at night. Remote-controlled fabric panels placed strategically over the glazing provide additional solar protection."

    Wow.
     
  11. SHELLY

    SHELLY SoWal Insider

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    If Hilton is as wealthy as everyone would like to believe, the reason this place isn't finished (now almost 10 years in the making) goes way beyond windows and doors.

    It took only 5 years to build the Bellagio in Las Vegas--that was from the day of implosion of the old Dunes hotel in 1994 until the Bellagio opened its doors for business in 1998.

    It has 36 stories, 3,026 rooms, and an 8 acre man-made lake with a $40 million dancing fountain with 1,200 nozzles, highlighted by 4,500 colored lights choreographed to shoot water up to 250 feet into the air.

    It's apparent that Hilton doesn't have the wherewithal to get his beach house done--he's lacking something (money, skilled workers, sound construction, etc) and/or is benefiting in some personal/financial way by having this thing drag on and on and on.

    .

    .
     
  12. Miss Critter

    Miss Critter Beach Fanatic

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    Whatever, I want a tour when it's done.
     
  13. J-WS6

    J-WS6 Beach Comber

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    Shelly made some good points. Maybe the house just isn't on the top of his priority list.

    Regardless, I'd still love to see a night shot of the house...
     
  14. J-WS6

    J-WS6 Beach Comber

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    anything new here? :D
     
  15. scooterbug44

    scooterbug44 SoWal Expert

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    Me too!!! :wave:
     
  16. AAbsolute

    AAbsolute Banned

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    Have you seen the home where Charlie lives now? While others talk the talk Mr. Hilton walks the walk. He is a model of self discipline and if most Americans would follow his example we would not have an economy like we do.

    He can do anything he wants with his property in Paradise within the limits of the law. He can also push the limits of the law as effectively as anyone I know of.
     
  17. Santiago

    Santiago Beach Fanatic

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    Correct. The house may not be at the top of his priorty list but if he wanted it finished inside the time frame of the Bellagio construction, it would have been. He would not have started it had he not been able to afford it. Its as simple as that.
     
  18. AAbsolute

    AAbsolute Banned

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    I'm pretty sure that Santiago and I just found something to agree on. :clap:
     
  19. TreeFrog

    TreeFrog Beach Fanatic

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    I'm sure those in the construction biz know this better than me...

    But, I heard that the property taxes would go up dramatically once a CO was issued, hence Hilton's allowing construction to drag on.

    Even if that's wrong or not the case for Hilton, I expect that Shelly's got it right, he'd have it done if it wasn't advantageous in some way for him not to complete it.
     
    Last edited: Oct 23, 2008
  20. AAbsolute

    AAbsolute Banned

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    I had the property appraiser at one of my jobs 2 days ago that was pre-C.O. Once you get to a certain point in construction the County can probably begin taxing the improvement.

    It doesn't make math sense for a multi-million dollar project to move slowly so that the property taxes don't get raised. I know Shelly's usually correct, but Shelly's wrong about this one. Mr. Hilton can finish his home anytime he feels like it. He's got the manpower and cash.
     

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