The Real Deal Miami

Sneak peek: New renderings of Aurora in Sunny Isles Beach

Verzasca plans to break ground on the 17-story building during the first quarter of 2017

March 07, 2016 04:30PM
By Katherine Kallergis

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Verzasca has released new renderings of its Sunny Isles Beach condominium, Aurora.

Bay Harbor Islands-based Verzasca launched sales for the 61-unit mixed-use tower in the fall and has reached the 30 percent sales mark, managing director Tim Lobanov told The Real Deal. About 70 percent of those buyers are from Latin America with Argentinian buyers leading sales. In the United States, a majority come from New York and Maine.

Units start in the low $800,000s and go up to about $1.5 million for the southeast line, Lobanov said. Verzasca International Realty, led by John Warsing, is handling sales and marketing. Buyers at Aurora will receive a one-year membership with JetSmarter, a private jet charter. Amenities will include an indoor and outdoor yoga lounge, a pool deck, pet area, children’s playground and play room.

Verzasca plans to break ground on the 17-story building during the first quarter of 2017 with an estimated completion date of 2019. Lobanov said the sales center, built out in the former Denny’s building, will open in April complete with a model kitchen and bathroom, conference space, scale model and kids play area.

The developer downsized the condo design, which received approvals in July, by reducing the height of the building and the number of units. Verzasca cut the number of residential units to 61 from 77 and the height of the building, including mechanical fixtures, to 204 feet from 210 feet. Aurora is being designed by architect Luis Revuelta of Revuelta Architecture International.

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