Gencom and White Bridge Capital have acquired the 652-room InterContinental Miami for $300 million, adding a landmark waterfront hotel to Gencom’s South Florida portfolio. The new owners plan to refresh the hotel’s lobby and food-and-beverage offerings. The property sits at 100 Chopin Plaza, in the heart of Miami’s business and cultural district.
Key takeaways
- Gencom and White Bridge Capital bought the InterContinental Miami from Strategic Hotels and Resorts for $300 million.
- The 34-story hotel has 652 rooms and more than 90,000 square feet of indoor and outdoor event space.
- Planned updates include a lobby renovation and changes to food-and-beverage offerings.
- The deal adds to Gencom’s Miami holdings and marks its second InterContinental acquisition.
The acquisition brings a major downtown waterfront property into Gencom’s portfolio, while the planned updates target key guest-facing areas.
Plans for the hotel
The new owners intend to rework the lobby and update the hotel’s food-and-beverage options. The property currently offers several dining venues, including a Pan-Latin steakhouse and Bluewater, a rooftop restaurant and bar. The source did not provide a timeline or budget for the planned improvements.
The hotel also has 35 meeting rooms and more than 90,000 square feet of indoor and outdoor event space. Other amenities include a rooftop pool, cabanas, a spa, a fitness center, a business center and retail outlets, giving the property facilities for both leisure and business travelers.
A strategic addition to Gencom’s portfolio
The purchase is Gencom’s second acquisition of an InterContinental-branded hotel, following its purchase of the brand’s New York Times Square property in late 2025. In Miami, the company’s existing holdings include The Ritz-Carlton Key Biscayne and The Ritz-Carlton Coconut Grove.
The InterContinental Miami’s location and scale make it a prominent addition to those holdings. The sale transfers the hotel from Strategic Hotels and Resorts to the Gencom and White Bridge Capital partnership.