SOURCE: H3 Hospitality

October 14, 2013 07:25 ET

Update: Gadinsky Real Estate Partners With Legendary Nightlife Duo to Target Under Serviced Market

H3 Hospitality Provides Globally Inspired Solutions to Help Hotels and Commercial Properties Monetize Their Common Spaces

MIAMI BEACH, FL--(Marketwired - Oct 14, 2013) -  Seth Gadinsky and Justin Schultz of Gadinsky Real Estate and legendary nightclub developers Cal Fortis and Ken Barilich -- of With Smith -- announce the launch of their new collaboration: H3 Hospitality. The full service company will offer real estate, design, and operating services to hotels, restaurants, nightclubs and family entertainment properties. 

The idea for the company came about when the four partners collaborated on a hotel project and realized that no other company in South Florida has the experience to provide all of these professional services to the hospitality industry.

"As Miami continues to grow as a global resort and nightlife destination, it is becoming more vital for hotels to activate every square inch of a property in order to flourish and stay profitable," says Gadinsky. "Yet many operators don't have the experience to make that happen, and that's where we come in. We evaluate space based on a hotel's branding objectives, and can either create and operate a one-of-a-kind concept or source the best restaurant, nightclub or retail operator to fit the vision for the property."

Further, as South Florida becomes more urban and vertical, many mixed-use projects are seeking entertainment operations to drive traffic. H3 scours the world for the newest and hippest concepts and currently works with international companies from Sweden, Russia, Ibiza and national companies in Chicago, Los Angeles and New York.

The four principals of H3 Hospitality will personally oversee every aspect of their client's projects from conceptualization and design, to operations and execution. They will also manage many of the more time consuming and tedious elements of the development process, such as facilitating licenses and permits, overseeing construction, and ensure projects are completed on time. 

"We've assembled a formidable collective of diverse talent and experience at H3 Hospitality," says Fortis. "But the through line for us all is delivering high-concept, high-style commercial space environments. When you create a consistently unforgettable experience for guests and patrons, the result is a globally relevant brand that naturally drives revenue."

Fortis and Barilich, renowned for their vision and influence on the nightclub industry, are the creators and founders of the international award-winning brand CROBAR WORLDWIDE, which became the industry standard for DJ-driven nightclubs, with locations in Chicago, Miami, New York and Buenos Aires. Having also created Cameo, Rain, Vinyl and UK's mega club Gatecrasher, the duo has had a strong pulse on the nightlife scene for more than two decades. The two began working together in 1989 and continued their partnership in With Smith, a hospitality consulting firm with expertise in marketing, operations, concept development, and design.

Gadinsky and Schultz, who have worked together for the past four years, both have extensive experience in every aspect of retail, restaurant, and entertainment real estate from development and brokerage to consulting. They are preferred vendors for various national corporations and have an innate sense of the best locations for businesses and how to effectively monetize commercial space. Together they have structured and executed many high-profile south Florida retail and entertainment deals, including projects in Miami and Miami Beach. 

H3 HOSPITALITY
H3 Hospitality is a full service consulting company founded by nightlife visionaries Ken Barilich and Cal Fortis and retail real estate mavens Seth Gadinsky and Justin Schultz. Based in Miami Beach, the company's primary focus is to source, conceptualize, operate and consult on nightlife, retail, family entertainment and food and beverage to maximize revenue for the hotel and hospitality industry as well as for commercial developments. For more information, visit h3hospitality.com.

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