Residences by Armani/Casa enters preconstruction

Units will be ready for occupancy in 2018

TRD MIAMI /
Feb.February 19, 2015 10:30 AM

The upcoming luxury condo tower Residences by Armani/Casa in Sunny Isles Beach has entered the preconstruction phase, developers announced Wednesday.

Reservations are being converted into hard contracts, and demolition of the existing site is expected to begin in the next two weeks.

More than 84 percent of the tower’s 307 units have been sold, according to a release.

The 60-story tower at 18975 Collins Avenue is a joint venture between the Armani Group, Dezer Development and Related Group. It was designed by César Pelli, the internationally known architect who created the Adrienne Arsht Center for the Performing Arts in Miami.

Units range in size from 1,350 square feet to 3,750 square feet. Prices range from $1.3 million to more than $5 million.

Condos will be ready for occupancy in the first quarter of 2018, according to a press release.

“This announcement is another major milestone for this project; the first foray into U.S. real estate by Armani/Casa Interior Design Studio,” said Gil Dezer, president of Dezer Development, in a statement. “We look forward to beginning construction of this landmark tower and introducing the unrivaled Armani lifestyle to South Florida.” — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Charles and Daneen Stiefel with One Park Grove (Getty)

Pharma mogul Charles Stiefel buys Coconut Grove penthouse

Pharma mogul Charles Stiefel buys Coconut Grove penthouse
Rendering of the proposed redevelopment of the Intracoastal Mall and Gil Dezer

Dezer Development’s plan to remake Intracoastal Mall moves forward

Dezer Development’s plan to remake Intracoastal Mall moves forward
Alex Rodriguez, Tom Murphy, Jorge Pérez, Gil Dezer, and Jackie Soffer (Credit: Michael Loccisano/Getty Images)

Money in the bank: Here are the South Florida real estate players who got PPP loans

Money in the bank: Here are the South Florida real estate players who got PPP loans
Gil Dezer with a rendering of Porsche Design Tower and Residences by Armani/Casa (Credit: ARX via Madison Global)

Miami judge will rule if ex-Dezer COO is entitled to more than $10M in profits

Miami judge will rule if ex-Dezer COO is entitled to more than $10M in profits
A Sunny Isles Beach landlord said a restaurant refused relief and vacated the property.

RK Centers alleges restaurant refused Covid relief, vacated property

RK Centers alleges restaurant refused Covid relief, vacated property
Alexander Nabutovsky and Regalia

Blockchain firm founder pays $5M for Regalia condo

Blockchain firm founder pays $5M for Regalia condo
Vladislav Doronin (Credit: Gesi Schilling via Wikipedia)

Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M

Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M
Seth Wise, Co-CEO of The Altman Companies, Altís Ludlam Trail

Altman scores $55M construction loan for Ludlam Trail project

Altman scores $55M construction loan for Ludlam Trail project
arrow_forward_ios

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

Loading...