Fisher Island developer Heinrich von Hanau is ready for the next one.
His company is launching sales for Palazzo Della Luna, a luxury condo building under construction next to Palazzo del Sol. Prices start at $6.5 million and go up to $40 million.
PDS Development also secured a $90 million construction loan for the 10-story, 50-unit building in January, and it expects to complete the project in the summer of 2019, according to a press release. Mack Real Estate Credit Strategies provided the financing.
Dora Puig, broker and owner of Luxe Living Realty, is handling sales of Palazzo Della Luna. Units will range from 3,724 square feet to 10,194 square feet with three to seven bedrooms. Puig also handled sales of the building’s sister project, which PDS completed in 2016.
Della Luna will feature interiors by Champalimaud Design and architecture by Kobi Karp. Amenities will include sunrise and sunset pools, cabanas, a beauty salon, treatment and massage suites, a media room, children’s play room, business center and fitness center. Enzo Enea will handle landscaping, connecting both buildings with outdoor tea gardens, a croquet lawn, bocce ball court and yoga lawn.
Buyers at Palazzo del Sol, one of three new developments on the private island over the past decade, included former Formula One driver Enrique Bernoldi, Hasbro billionaire Alan Hassenfeld, attorney Jim Ferraro, Azerbaijani billionaire Aras Agalarov and Yard House founder and CEO Steele Platt.
Von Hanau is not the only developer to launch during a stagnant time in the condo market. Earlier this week, Vlad Doronin’s OKO Group launched sales for Una, a luxury condo tower planned for Brickell.