After years of legal battles over its South Beach location, Nikki Beach Miami will close on August 6th, 2027. The oceanfront venue reached a settlement with the City of Miami Beach and beach concession company Boucher Brothers, according to the Miami Herald.
Settlement Details and What Comes Next
Under the agreement, Boucher Brothers will pay $3 million to Nikki Beach owner Penrod Brothers Inc. to end the litigation. Boucher Brothers and restaurant group Major Food Group, the company behind Carbone, plan to transform the site into a beachfront destination with a Mediterranean restaurant, Japanese teppanyaki rooms, and a Sadelle's Cafe. The new concept is not expected to open until 2029 at the earliest.
From Penrod's Beach Club to Global Brand
The venue began in the late 1980s as Penrod's Beach Club before founder Jack Penrod rebranded it to Nikki Beach in 1998 as a tribute to his late daughter Nicole. The club became a defining venue of the Miami Music Week circuit, hosting landmark events that made its beachfront footprint synonymous with Miami's lifestyle culture. Penrod expanded the concept into a global hospitality brand with locations from St. Barts to Santorini, St. Tropez, Dubai, and Thailand. He died last year at the age of 85.
Owner's Statement
Lucia Penrod, owner and CEO of Nikki Beach Hospitality Group, called the settlement an opportunity "to focus our energy on celebrating this extraordinary location and the people who made it what it is." She added that the decision was "ultimately about doing what is best for our company, our brand, and most importantly, our team."
Nikki Beach Miami will remain open through its final date in August 2027, giving the venue more than a year to close out its run on South Beach.
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