Robert Wennett Lists Skyhouse 11 Atop The Herzog & de Meuron-Designed 1111 Lincoln Road For $35 Million
Robert Wennett, the developer behind the Herzog & de Meuron-Designed 1111 Lincoln Road, has listed the penthouse atop the iconic parking garage for $34 million. The skyhome is really a hybrid of an massive high-rise condo blended with the space, privacy and livability of a single-family mansion. The skyhome features 7,700 SF of indoor space and an enormous 18,000 SF of outdoor space with landscape design by Raymond Jungles. The unit is spread over 7 bedrooms and 11 bathrooms and a guest house. Unique features include sliding Starphire glass walls throughout for immaculate views of South Beach, Biscayne Bay, Miami Beach and the Atlantic Ocean; 11' ceilings, white oak floors and ceilings, European mahogany elevator, skylights in every bathroom, and a library.The expansive outside space features landscaping and gardens taking the sloping design of the parking structure matched with Roberto Burle Marx-style pavement as well as a wet bar, summer kitchen and pool. 1111 Lincoln Road Skyhouse 11 is listed for $34 million with Jill Hertzberg and Jill Eber of The Jills at Coldwell Banker.
1111 Lincoln Road is an award-winning, mixed-use parking garage designed by Herzog & de Meuron in 2010, that has become an iconic part of Lincoln Road, Alton Road and South Beach. The 7 story, exposed concreted, mixed-use parking structure itself features 94,488 SF of office space, 51,839 SF of retail space, and a 300 parking spaces which can also be used as event space. Ground floor retail space has floor-to-ceiling glass storefronts with high ceilings along with another retail space located on level 5 that also features floor-to-ceiling glass to provide amazing views of the Miami skyline. Bayerische Versorgungskammer (BVK), a German investment fund, purchased the iconic, mixed-use parking garage and includes adjacent retail space at 1664 Lenox Avenue and 1666 Lenox Avenue from developer Robert Wennett for $283 million. BKV financed the purchase with a $66.85 million mortgage from Universal-Investment-Gesellschaft mBh. Wennett originally purchased the properties for $23.5 million in 2005 before undergoing heavy development. Wennett is planning a major redevelopment project in Allapattah.
Photography by Luxhunters