Fendi Château Residences hits $70M in sales in January

Miami /
Feb.February 18, 2015 12:46 PM

The Fendi Château Residences in Surfside had $70 million in sales in January alone, developers announced Wednesday.

The upcoming luxury condo project is a collaboration between Fendi and Château Group. Construction of the 12-story tower at 9365 Collins Avenue is expected to finish in the spring of 2016.

About 70 percent of the tower’s 58 units are under contract, according to the press release.

Fendi Château Residences has condos that range from 3,300 to 7,000 square feet, with prices from $6 million to $25 million. Each unit comes with a Fendi Casa kitchen, or a full chef’s kitchen with custom Fendi Casa cabinets and Gaggenau appliances.

The tower will have multiple oceanfront pools with cabanas, a private restaurant and cinema, a lounge, business center and ballroom. Also planned are reflective ponds and a relaxation terrace with aromatherapy.

“Fendi Château Residences is attracting a balance of both domestic and international buyers,” Manuel Grosskopf, chairman and CEO of Château Group, said in a statement. “We are seeing buyers from the Northeast and Midwest, Canada, London, Russia and Latin America that are looking to live in a luxury branded development.” Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Damac Properties founder Hussain Sajwani and the Surfside collapse site (Damac, Getty)
Dubai developer revealed as $120M bidder for Surfside collapse site
Dubai developer revealed as $120M bidder for Surfside collapse site
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Eighty Seven Park and the lot where the Champlain Towers South once stood (Douglas Elliman)
Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
The now empty lot that was where the Champlain Towers South condo building once stood (Getty)
Surfside commissioners shoot down proposed land swap with collapse site to create memorial
Surfside commissioners shoot down proposed land swap with collapse site to create memorial
9408 Bay Drive
Waterfront Surfside home that set record in January flips for 20% gain
Waterfront Surfside home that set record in January flips for 20% gain
After the construction of Eighty Seven Park (Google Maps)
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
The Surfside Champlain site (Getty)
Surfside officials agree to carve Champlain site out of planned downzoning
Surfside officials agree to carve Champlain site out of planned downzoning
(Getty)
Latest draft of Surfside rezoning shows only 80 units could be built on collapse site
Latest draft of Surfside rezoning shows only 80 units could be built on collapse site
arrow_forward_ios

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

Loading...