BUSINESS

Insomniac Acquires Ownership Stake in Miami Nightclub Club Space

Club Space partners with Insomniac

News broke today that Insomniac is expanding its reach with an ownership stake in downtown Miami’s Club Space. It is unclear what the new ownership structure will look like, but, according to Insomniac, management and operations at the club will remain unchanged. The partnership is meant to ensure Club Space’s presence in downtown for at least the next decade.

Club Space in Miami

Insomniac founder and CEO Pasquale Rotella stated the following about the deal:

Space is one of the most iconic dance music venues in the U.S., if not the world, and I’m excited that Insomniac is now a partner. Davide, Coloma, and Sinopoli have done an exceptional job revitalizing this venue to be better than it’s ever been. They are passionate people [who] care about creating experiences and share the same core values that Insomniac lives by. The Space Invaders team will still be running the show, and together we will set the bar for entertainment in Miami. Space is another important piece of the Insomniac vision coming together.

Pasquale Rotella

About Insomniac

Insomniac, is an event production company behind one of the largest dance music festivals in the world, Electric Daisy Carnival. Several EDC events take place around the globe, but its flagship is the EDM bacchanal at the Las Vegas Motor Speedway every June.

For a while, the company has been diversifying its offerings. In fact, Insomniac is becoming more of an all-encompassing lifestyle brand. It includes record label and editorial content centered on dance music.

About Club Space

Club Space in Miami

Condo developments are surrounding the area around Club Space. However, at least for the time being, the partnership seems to cement the club’s future.

Club Space opened in Miami’s Park West neighborhood in 2000 under the ownership of Louis Puig. It moved to its current location in 2003, briefly calling itself Space 34 before reverting to its old name. Puig sold the club to a group of investors in 2013. At the time, it seemed as if the nightclub’s days were numbered. It had lost its luster and seemed unable to keep up with current music trends.

In 2016, Davide Danese, Coloma Kaboomsky, and David Sinopoli took control of the club. Immediately, they injected new energy into the place. Though the club’s outdoor area, the Terrace, saw some upgrades, it remained mostly unchanged. The biggest transformations happened on the first floor when the old Libertine space became Floyd. Floyd was the underground little sister of sorts to the Terrace. Later was the introduction of the Ground, a midsize venue that regularly hosts live music acts.

Club Space in Miami

David Sinopoli made the following statement about Club Space:

We have worked tirelessly over the past three years to renew the energy inside Club Space and maintain a calm, safe environment while curating a space where people can enjoy a wide range of entertainment. Our Space Invaders team will continue to book the music and operate the club exactly as we have been.

David Sinopoli
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