Sky-high parking at Porsche Design tower

Miami /
Apr.April 19, 2013 02:00 PM

Among the most buzzed-about amenities of the Porsche Design Tower Miami, which breaks ground today, is the robotic automobile lift, which allows drivers to pull right up to their doorstep, however many stories high, the Wall Street Journal reported.

Residents will be able to park their cars right outside of their units, according to the Journal.

The 60-story tower will have 132 residences, ranging from $4.5 million to $25 million, according to Gil Dezer, whose company Dezer Development is behind the project. Though construction is not expected to be complete until the first quarter of 2016, half of the units are under contract, representing $400 million in sales, Dezer said in a press release.

The apartments will range in size from 4,200 to 17,000 square feet, and in price from $4.5 million to $25 million. In a nod to Porsche Design and its first foray into real estate, the tower will have a “car concierge” responsible for coordinating washes, detailing, tire rotation and other maintenance. [WSJ] —Emily Schmall


Related Articles

arrow_forward_ios
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
“Record-setting” market: Real estate powerhouses talk tech, infrastructure, development and hot housing market at TRD’s Miami event
The Real Deal's Hiten Samtani with Gil Dezer, Keith Menin, Jon Paul Pérez and Todd Michael Glaser
South Florida’s thriving condo market is sustainable, with financing flowing: developers panel at TRD Miami event
South Florida’s thriving condo market is sustainable, with financing flowing: developers panel at TRD Miami event
From left: Francisco Llado, Gil Dezer, Amir Korangy, Paulo Bacchi, Edgardo Defortuna, Jay Parker, Daniel de la Vega (Artefacto, Getty)
Is Miami’s residential architecture overplayed? No way!: TRD panel at Artefacto
Is Miami’s residential architecture overplayed? No way!: TRD panel at Artefacto
Jon Paul Pérez and Gil Dezer with Residences by Armani/Casa
Related, Dezer report nearly $1B sellout at Residences by Armani/Casa
Related, Dezer report nearly $1B sellout at Residences by Armani/Casa
Formula 1 hasn't raced in Florida since 1959. (Getty, Related)
Real estate industry to kick it into high gear, as Miami joins F1’s circuit
Real estate industry to kick it into high gear, as Miami joins F1’s circuit
Gil Dezer, Bentley CEO Adrian Hallmark and a rendering of Bentley Residences (Getty, iStock)
Gil Dezer partners with Bentley for luxury condo tower in Sunny Isles Beach
Gil Dezer partners with Bentley for luxury condo tower in Sunny Isles Beach
Watch: Gil Dezer on guerilla marketing and working with Donald Trump
Watch: Gil Dezer on guerrilla marketing and working with Donald Trump
Watch: Gil Dezer on guerrilla marketing and working with Donald Trump
Gil Dezer (Photos by Sonya Revell)
The Closing: Gil Dezer
The Closing: Gil Dezer
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...