Residences by Armani/Casa, the brand’s first residential development in the United States, has recently announced that they are beginning pre-construction sales on their soon-to-arrive Miami property.
The 60-story, 307-residence oceanfront tower in Sunny Isles Beach is being designed by the world famous César Pelli, creator of the Petronas Towers in Malaysia and Adrienne Arsht Center in Miami.
While it’s a long way from opening –the residences won’t be available until 2018– sales of the units, which range from 1,350 to 3,750 square feet with prices ranging from $1.3 million to over $5 million, have been strong, with more than 84% sold already.
“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. “We look forward to beginning construction of this landmark tower and introducing the unrivalled Armani lifestyle to South Florida.”
What do you think? Would you invest in a building not opening until 2018?