IL Tornabuoni, a new five-star independent luxury hotel, will open Sept. 1 in Florence.
Located along Via Tornabuoni in the 12th-century Palazzo Minerbetti, the property will feature 62 rooms and suites.
The historic building, which was acquired by Hines European Core Fund in 2016, spans six floors over 1,6400 square feet, one dedicated to retail and five to the five-star hotel.
Steps from the Ponte Vecchio and Arno River, IL Tornabuoni's interiors are being designed by Milan-based architect Andrea Auletta, and decor elements include custom wallpaper designed by Auletta and furnishings of silk, velvet and wool.
Most rooms and suites provide two double beds and expansive bathrooms, and suites offer views of the Duomo or the Arno River and the Ponte Vecchio.
Dining facilities include IL Magnifico Restaurant & Bistrot, overseen by executive chef Massimiliano Mandozzi and focusing on local and seasonal ingredients in an indoor-outdoor setting; the Lucie Gourmet rooftop restaurant with views of Florence's Renaissance skyline; and IL Magnifico Cafe & Champagne Bar, located on the main floor.
The property will also feature a Cave wine cellar for guided wine tastings and private events.
Roberto Russo, formerly of Rome's Aleph Hotel, Hoxton hotels in London and Hotel 1888 in Sydney, has been named general manager.
Fall rates will start at $400 per night for a classic room.
The hotel is owned by Italian-owned hospitality group AG Group, whose portfolio includes 11 four- and five-star boutique hotels in Florence and Rome.