Developers The Related Group and Dezer Development announced today the payoff of a $315 million construction loan to Wells Fargo for Residences by Armani/Casa. The 308-unit tower located on the sands of Sunny Isles Beach celebrates the legendary vision of interior design firm Armani/Casa, led by the famed Giorgio Armani; architecture firm Pelli Clarke Pelli, founded by the late César Pelli.
Read MoreDezer Development & Related Group Complete Residences by Armani/ Casa In Sunny Isles Beach
Dezer Properties and Related Group have completed the 56-story Residences by Armani/ Casa in Sunny Isles Beach and closings are now underway. The Residences by Armani/ Casa offers 308 luxury condo units with total sales valued at over $1 billion.
Read MoreDezer Development & Related Group Celebrate Top-Off Of Residences by Armani/Casa In Sunny Isles
The Residences by Armani/Casa is one step closer to completion as Dezer Development and The Related Group have announced that the tower has topped off at 649' and is now 80% sold. The development team and the tower’s general contractor, Coastal Condominiums, and executive architect, Sieger Suarez Architects, commemorated the topping off.
Read MoreConstruction at the Residences by Armani/Casa Passes Halfway Mark As Sales Pass 76%
The Sunny Isles Beach skyline which features designs by world class architects such as Herzog & de Meuron and Carlos Ott, will soon be joined by a masterpiece by internationally acclaimed architect Cesar Pelli, The Residences by Armani/Casa. Construction is progressing smoothly where teams have passed the halfway mark of the 56-story, 649' residential condo tower.
Read MoreResidences by Armani/Casa Unveils Stunning, Beachfront, Private, Beach Cabanas
The Residences by Armani/Casa has introduced 28, 2-story beach cabanas where the project has since sold all but four of the cabanas since first introducing them at the end of June (2017). Cabanas range in size between 250-600 SF and start in the $400,000's. Cabanas will feature a limited kitchen with Italian Dada kitchen cabinets, Estramoz countertops, and GE Undercounter refrigerator and microwave; a full bathroom with Opella sink and faucet and glass enclosed shower; and luxurious interiors by Armani/Casa. The Residences by Armani/Casa will be a 56 story, contemporary glass tower located on over 300' of private shoreline in Sunny Isles Beach. The project is currently under construction and is being developed by Dezer Development and Related Group. The Residences by Armani/Casa will feature over 35,000 SF of incomparable amenities already on offer at the building, including a fine dining restaurant, cigar room and wine cellar, heated swimming pool, ocean-facing fitness center, two-story revitalization spa with indoor and outdoor treatment rooms, movie theatre and clubroom.