December 10, 2013
Miami’s newest condo tower will be home to nearly 2 percent of the world’s billionaires.
Twenty-two billionaires—just shy of two percent of the world’s total—have purchased units in a condominium tower being built in Sunny Isles Beach. The 60-story Porsche Design Tower features the normal super-rich perks, including units as large as 17,000 square feet, and swimming pool- and kitchen-equipped balconies as large as 1,600 square feet.
But the real draw is hinted at in the name: The Porsche Design Tower features three car elevators that will take residents and their rides directly to their units, where they can park their car in a glass garage adjoined to their residences (two-car garages for the “cheaper” units, four-car garages for the pricier ones). This feature allows car-obsessives to stare at their super expensive cars from their high-rise living rooms.
The tower, which broke ground in April 2013 and secured a massive construction loan in October, is the brainchild of car enthusiast and condo magnate Gil Dezer and Germany’s Porsche Design Group. As of mid-October, Dezer had sold almost 100 of the tower’s 132 units, the prices for which range from $4.2 million to $32 million. He reportedly spent part of November selling the remaining units at a gathering for Bugatti owners. There will be 284 robotic parking spaces in all. This is automated parking taken to the next level.
We could think of a whole lot of other things to stare at with that kind of cash – just sayin’.
The tower won’t be ready for move-in until 2016.
Source: The Atlantic Cities