The Real Deal Miami

Residences by Armani/Casa developers honor architect César Pelli: PHOTOS

More than 65 percent of units at the project are reserved

May 17, 2016 02:15PM

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The Related Group and Dezer Development honored Argentinian architect César Pelli during Maison & Objet Americas last week.

The co-developers of Residences by Armani/Casa hosted a dinner at the project’s sales gallery in Sunny Isles Beach. Pelli designed the glass-enclosed, 60-story tower. The nearly $1 billion luxury condominium will 308 units ranging from 1,350 square feet to 4,160 square feet. As of March, more than 65 percent of the units were reserved.

The developers will soon close on $315 million in construction financing from Wells Fargo, Gil Dezer previously told The Real Deal. He said he expects the building to be completed by February of 2019. Its $10 million sales gallery opened earlier this year complete with a model area, media area and design gallery.

Residences by Armani/Casa will also include more than 35,000 square feet of amenities: a lobby lounge, fine dining restaurant, cigar room and wine cellar, heated swimming pool, oceanfront fitness center, two-story spa, movie theater and clubroom, as well as beach amenities. Landscape architect Enzo Enea designed the three-acre garden.

Related and Dezer are also collaborating on Hyde Midtown, a mixed-use residential tower in Midtown Miami. – Katherine Kallergis and Sean Stewart-Muniz