Chronicling Miami's Transformation.

Porsche Design Tower Sunny Isles | 57 Floors | 641 Ft | Under Construction

Discussion in 'Miami Real Estate, Construction And Architecture' started by langbro, Jan 19, 2012.

  1. langbro Member

    Gil Dezer's focus is on the $560 million Porsche Tower. He said his company has 55 reservations for 132 units amounting to about $275 million in sales to date. He expects to break ground on the project at 18555 Collins Ave. in the spring of 2013.

    Dezer said Porsche construction is being funded in part by requiring buyers to pay a 30 percent deposit. He's also looking to land a bank loan for about $225 million.

    http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202572231229
  2. langbro Member

  3. langbro Member

    Interesting that in 2010 they originally proposed to the FAA to build this tower at 799 feet - but it got chopped to 649 feet due to Opa Locka airport.
  4. [IMG]

    View from what will soon be the Porsche Tower
  5. langbro Member

    [IMG]

    The core of the Porsche Design Tower
  6. langbro Member

    Gil Dezer says that he will soon announce two new towers in Sunny Isles Beach.
  7. langbro Member

    http://www.nypost.com/p/news/business/realestate/residential/ways_sunny_W6BKj98eZLE1ZPMlALw7BP
  8. sandman Administrator

    Added exterior animation

  9. sandman Administrator

    Status to change to 'Under Construction'.

    Foundation work is underway. The NCO was filed on 3/22.

    An official groundbreaking ceremony will be held next Friday.

    The construction contractor is Coastal Construction.

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