Alan Faena

Alan Diego Faena (born 20 November 1963, in Buenos Aires)[1] is an Argentine hotelier and real estate developer[2][3][4][5] who has developed properties in his native Buenos Aires, as well as Miami Beach, Florida.[6][7]

Alan Faena
Born
Alan Diego Faena[1]

(1963-11-20) 20 November 1963[1]
Buenos Aires, Argentina
NationalityArgentina
OccupationReal estate development, hotels, fine art
Spouse(s)Ximena Caminos
Children1

Faena is the founder and President of Faena Group.[8] He is a member of the Tate International Committee and the New Museum Leaders Council.[9] He previously founded Via Vai in 1985, an Argentinian fashion label, and worked as a fashion designer.[6]

Early life

Faena is the son of a textile manufacturer.[10][11][5][12][13] He was born in Buenos Aires, Argentina in 1963.[6]

Career

Early career

In 1985, Faena followed in his parents footsteps into the textile industry and founded the fashion label Via Vai at age 19.[5][6][7] He launched the brand with 50 colored shirts he funded himself.[5] The brand expanded to include ready-to-wear collections and a denim line. Faena sold the company in 1996.[5]

Faena Buenos Aires

Faena was a fashion designer for over ten years before beginning a career in real estate development in 2000.[6][8] He partnered with Len Blavatnik, Philippe Starck and Foster + Partners to redevelop abandoned docklands in the Puerto Madero neighborhood of Buenos Aires, Argentina.[8][12] Foster + Partner's residential condominium in re-development was their first project in South America.[5] The Faena Hotel designed by Starck opened in 2004.[7]

The Faena District, which is estimated to be a $200 million development, is the most valuable real estate in Buenos Aires.[6][7] The Faena Arts Center, a converted flour mill located in the center of the district, opened in September 2011 and displays the work of local and international artists.[6][7][14]

In November 2011, German artist Franz Ackermann exhibited the results of his voyages around Buenos Aires with the largest mural of his career in the center.[15] The Cuban duo Los Carpinteros debuted their first solo exhibition in Buenos Aires at the arts center in May 2012.[15]

Faena Miami Beach

Faena expanded his brand to Miami Beach with a $1 billion[16] project to develop a six block waterfront property.[6][17][18] Construction on the Miami Beach Faena District began in 2013.[19]

The project includes the restoration of the 1948 Saxony hotel, and an arts center, Faena Forum, by architect Rem Koolhaas and OMA and residences by Foster + Partners.[2][6][20][21]

Baz Luhrmann and Catherine Martin are also involved in the project as designers for the interior of the Faena Hotel Miami Beach.[22][23]

The district will be landscaped by Miami-based firm Raymond Jungles.[24] The Faena House, an 18-story residential unit, is the project's first building scheduled for completion.[7][16]

Personal life

Faena's wife is Ximena Caminos,[20][25] and they have one son named Noa.[4] He resides in Miami, Buenos Aires, and Punta del Este, Uruguay.[5]

Paradise Papers

On 5 November 2017, the Paradise Papers, a set of confidential electronic documents relating to offshore investment, revealed that Faena was director and CEO of half a dozen offshore companies in Cayman Islands and British Virgin Islands. Faena also appears with bank accounts in Luxembourg and the Isle of Man, linked to different hotels and real estate projects in Puerto Madero.[26]

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References
  1. «Agutom: sociedad de responsabilidad limitada», article on Boletín Oficial de la República Argentina. 2003 2da sección", 29 May 2003, indicating Faena is Argentine, businessman, single, and born 20 November 1963.
  2. "A Miami Remake". Travel + Leisure. March 2014.
  3. "Miami Dreams". Privat Property. Cite journal requires |journal= (help)
  4. Ohly Evans, Christina (May 17, 2014). "Alan Faena". Financial Times Travel Unravelled. Cite journal requires |journal= (help)
  5. Elisa Lipsky-Karasz (21 May 2013). "Alan Faena's Argentine Residence". Retrieved 11 November 2014.
  6. Spencer, Samuel. "Alan Faena: Argentina's Developer of Cultural Dreams". Cite journal requires |journal= (help)
  7. Dittrich, Guy (October 2014). "Meeting Alan Faena". Sleeper Global Hotel Design. Cite journal requires |journal= (help)
  8. Eidell, Lynsey. "City Scapers". Worth. Cite journal requires |journal= (help)
  9. Christian Viveros-Fauné (12 April 2012). "Argentina's new arts district is built "from scratch"". Retrieved 11 November 2014.
  10. Holly Brubach (Nov 17, 2015). "Flying High". W. His family, Sephardic Jews who emigrated from Syria to Argentina in the 1920s, had a successful textile business.
  11. Wolfe, Alexandra (August 19, 2016). "Alan Faena Takes On Miami Beach". The Wall Street Journal. He was born to a Jewish family in Buenos Aires, the son of the owner of a textile company and a homemaker.
  12. "Alan Faena". Lifestyle Magazine Brasil. June 2014. His family, Sephardic Jews who emigrated from Syria to Argentina in the 1920s, had a successful textile business. Cite journal requires |journal= (help)
  13. Michael Tannenbaum. "Art and Soul". Archived from the original on 19 December 2014. Retrieved 11 November 2014.
  14. Ana Lisa (14 February 2012). "Buenos Aires' Faena Arts Center Opens in a Renovated Mill With a Colorful Interactive Installation". Retrieved 11 November 2014.
  15. "Underground art goes upscale in Buenos Aires". Retrieved 11 November 2014.
  16. Katya Kazakina (12 September 2013). "Blankfein Said to Buy Into $1 Billion Miami Condo Project". Retrieved 11 November 2014.
  17. Agustino Fontevecchia (12 April 2012). "Faena, the developer behind the $550m revival of Miami's Saxony Hotel". Retrieved 11 November 2014.
  18. Jackie Goldstein (5 December 2012). "Forbes Tries to Figure Out Alan Faena's Saxony Hotel". Retrieved 11 November 2014.
  19. Agustino Fontevecchia (4 December 2012). "Alan Faena, The Developer Behind The $550M Revival Of Miami's Saxony Hotel". Retrieved 19 April 2016.
  20. Ted Loos, "In Miami Beach, the Faena Forum is to Open in December", New York Times, retrieved 19 November 2017
  21. Sean McCaughan (6 June 2012). "Koolhaas and Foster Mean Starchitect-O-Mania At the Saxony". Retrieved 11 November 2014.
  22. Chris Rovzar (4 December 2013). "Exclusive: Baz Luhrmann and Catherine Martin to Design Interiors, Uniforms for Saxony Hotel in Miami Beach". Retrieved 11 November 2014.
  23. Nate Freeman (24 February 2014). "Baz Luhrmann's Next Project: Miami's Faena Saxony Hotel". Retrieved 11 November 2014.
  24. Sean McCaughan (7 January 2013). "Faena Releases Five Short Videos On Designing Faena House". Retrieved 11 November 2014.
  25. "Ximena Caminos: El arte se convirtió en un commodity y ése es el gran problema", La Nacion, October 12, 2014, retrieved 2015-02-25
  26. "Alan Faena, otro argentino en Paradise Papers". Perfil. 7 November 2017. Retrieved 7 November 2017.
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