Factory town hialeah9/28/2023 Then, in 2012, fresh off selling his share of the apparel brand he had launched in 2004 with then-wife, Tory, for $650 million, he bought a rustic surfing lodge on the far-off island of Sumba, Indonesia. He and a partner spent $30 million to turn it into a laid-back yet luxurious resort, Nihi, recognized by Conde Nast Traveler and Travel and Leisure magazines as one of the very best in the world for several years running. So when Miami developer Avra Jain, known for her knack for identifying and revitalizing undervalued historic properties, told him about her latest and most ambitious venture - the conversion of a six-acre former mattress factory in an old Hialeah industrial district into a music, arts and entertainment complex called Factory Town that would preserve the site’s weathered, ramshackle bones - Burch listened. And he liked what he heard.īurch, 68, founder and CEO of Burch Creative Capital, agreed to become a key financial backer and partner in Factory Town. Q: How did you connect with Avra Jain and her partners in Factory Town? He told the Miami Herald why in a phone interview from the Caribbean. You could just tell she’s full of creation and vigor and passion and integrity and hard work. She understands budgets and collaboration. Q: It’s not easy to explain what Factory Town is. “Whatever project I get into, I don’t want it to be normal. I looked at that Factory Town and thought that it could be the start of something very unusual. I can feel the energy of it, the way it’s constructed, the people and the location. I don’t know of another place that’s quite like it. “When you walk into Factory Town, it feels like you’re taking a bit of a journey.
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