BOCA RATON, Fla. (May 3, 2013) – AWH Partners, LLC -- a privately held real estate investment, development and management firm -- in partnership with The Lane Organization, LLC, announce the start of construction on the Boca Bridge Hotel. The waterfront boutique hotel with water views from every guestroom is ideally located on the Intracoastal Waterway in Boca Raton, Fla. The partners tapped Compass Development Services, LLC, a full service project management provider, to assist in the development planning and to coordinate construction.

“The scope and detail of the redevelopment plan for Boca Bridge Hotel is tremendous,” said Jonathon Rosenfeld, managing partner of AWH Partners. “The transformation of this hotel into a luxury four-star lifestyle property involves maximizing the space and its water views while ultimately introducing a new guest experience and hotel concept.”

Modifications to the boutique hotel include modernized transformations on the ground floor with public space expanded and enhanced. Additional construction phases follow, including the redevelopment of waterfront amenities such as the extension of the promenade where guests enjoy a “dock-to-dine” experience and a new marina. Improvements are being made to the parking garage as well as upgrades to all guestrooms and meeting spaces. The hotel is closed during renovation to ensure comfort, health and safety of employees and guests.

“We have assembled a seasoned team who are eager to work on this hotel transformation,” said Jim Zaun, president of Compass Development Services. “Our experience in the hotel industry of redefining hotels and resorts blends well with this AWH Partners’ project.”

Boca Bridge Hotel is situated among pristine beaches, champion golf courses and world-class shopping and dining. Located a block from the Atlantic Ocean, the hotel offers panoramic waterfront views from every guestroom. Nearby sites include golf courses, casinos, upscale shopping at the Boca Raton Town Center and village-style shopping in downtown Boca Raton.

For more information on AWH Partners and a full list of hotels and real estate assets, please visit www.awhpartners.com

About AWH Partners, LLC
AWH Partners, LLC (“AWH”) was formed by alumni from Blackstone and Related to invest in, develop and manage various hospitality-related ventures. Since 2009, AWH and its principals have completed in excess of $150 million of hotel investments, and have managed hotel redevelopment projects totaling more than $50 million. In early 2012, AWH acquired Lane Hospitality, a top-tier national hospitality platform formed in 1980, to expand AWH’s capabilities in the hospitality sector by aligning its institutional investment expertise with Lane’s first class operating platform and industry-leading executive team. In May of 2013, AWH rebranded Lane: Spire Hospitality. For more information, visit www.awhpartners.com.

About The Lane Organization LLC
The Lane Organization LLC (“Lane Organization”) was founded by Clifford P. Lane and his son Matthew in 2011. Focusing on luxury hotels, the Lane Organization enters into cities to reposition assets and team up with management firms who can assimilate to their locations while standing out amongst the competition. The Lane Organization emphasizes building strong partnerships while maintaining the company’s core ideas, beliefs, and values to ensure the success of all of its properties. For more information please visit www.thelaneorganization.com.

About Compass Development Services, LLC
Compass Development Services, a full service project management and development service company, provides hospitality and commercial real estate clients with the planning and execution expertise necessary to successfully lead projects from conception through completion. Compass is comprised of an engaging team of dedicated professionals with diverse backgrounds. The company offers a range of services to help their clients acquire, develop, or transform their properties to maximize asset value. For more information, visit http://www.compassds.com.