Monday, July 21, 2014
Sunday, July 20, 2014
Armani Casa Miami
The Residences by Armani Casa Miami will be designed by world famous Argentinian architect Cesar Pelli, known to Miami as the architect that designed the Arsht Center and some of the world's tallest buildings, such as the World Financial Ce...nter in New York City and Petronas Towers in Kuala Lumpur, Malaysia.
Building Amenities:
• The Armani designed residences will be offered beginning in sizes of approximately 1,500 sq. ft.
• Residence floor plans will be offered in 2, 3, 4-bedroom and possibly larger plans
• Property projected to offer approximately 250 luxury oceanfront residences
• Property projected to feature 57 floors
• All floor plans designed as east-to-west "flow-thru" floor plans
• Minimum 10 foot ceilings with floor to ceiling glass
• Oceanfront & bay view oversized balconies
• 3 floors of private cabanas
• Full restaurant
• World class Spa
• Oceanfront pool among lavishly landscaped grounds and sundeck
For more information and prices email Iveta
Iveta.impulse@gmail.com
Building Amenities:
• The Armani designed residences will be offered beginning in sizes of approximately 1,500 sq. ft.
• Residence floor plans will be offered in 2, 3, 4-bedroom and possibly larger plans
• Property projected to offer approximately 250 luxury oceanfront residences
• Property projected to feature 57 floors
• All floor plans designed as east-to-west "flow-thru" floor plans
• Minimum 10 foot ceilings with floor to ceiling glass
• Oceanfront & bay view oversized balconies
• 3 floors of private cabanas
• Full restaurant
• World class Spa
• Oceanfront pool among lavishly landscaped grounds and sundeck
For more information and prices email Iveta
Iveta.impulse@gmail.com
Thursday, July 17, 2014
Armani Getting Into Miami Real Estate With 60-Story Sunny Isles Condo
Soon you'll be able to keep your Armani clothes and apply your Armani Code by Giorgio Armani perfume inside your Armani-designed bathroom all within your own Armani-designed condo located in an Armani-designed building named Residences by Armani/Casa.
Yes, the fashion house is teaming up with developers Dezer Development and Related Group and famed architect César Pelli to develop a 60-story, high-rise luxury condo building at 18975 Collins Avenue in Sunny Isles Beach.
Residences by Armani/Casa will include 260 units that will be priced from $1.2 million to up to $5.5 million. Construction is expected to be complete sometime in 2016.
The Armani/Casa Interior Design Studio, headed by Giorgio Armani himself, will be responsible for interiors, as it has been for other condo buildings around the world in places like the Philippines, India, and Turkey. This will be the studio's first condo project in the United States.
César Pelli, the man who designed the Arsht Center, will design the actual building.
This isn't the first time Gil Dezer's Dezer Development has attached a luxury brand name to a condo project. The Porsche Design Tower is currently under construction in Sunny Isles as well. That tower features a robotic parking lot that allows residents to park two to four cars in an interior elevator-assisted garage. The Armani project won't be quite as fancy, as units will be smaller and less expensive on average.
"Trump. Porsche. Armani. It's a niche market I'm creating," Dezer told the Miami Herald. "We're getting luxury brands to join us on the buildings. It makes for amazing projects."
No word on whether Zara plans to rip off the designs for their own Residences by Zara/Casa somewhere in Miami Lakes.
Article from Miami Herald
Wednesday, April 30, 2014
Miami is No. 2 in foreign buyers’ searches
Miami was the second-most searched-for housing market in the U.S. among international buyers in February, according to monthly data from the National Association of Realtors.
Orlando, No. 4, and Fort Lauderdale, No. 5, also cracked the list. Florida was represented in the top 10 more than any other state. Los Angeles, however, landed at the top of the chart.
Residents of Spain, Italy, Switzerland, Brazil and France were the most recurring visitors to the NAR website when it came to Miami listings in February.
The Miami Association of Realtors reported more visits to its website from Venezuela than any other foreign nation in October, as previously reported.
Article from TRD
Monday, April 7, 2014
Miami’s economy outpacing rest of Southeast
Steady job growth and a strong real estate market make South Florida’s economic outlook brighter than the rest of the U.S. Southeast, according to the chief of the Federal Reserve Bank of Atlanta.
“On the measure of development of commercial real estate and investment in residential real estate, as well as the employment picture, I think Miami is a little better off than most of the Southeast,” Dennis Lockhart said Wednesday at a Greater Miami Chamber of Commerce event.
As a whole, he said, the region is tracking the national economy but lagging behind in employment numbers in some areas. Not so in Florida, where the latest state unemployment rate was 6.2 percent, better than the national rate of 6.7 percent.
Beyond the official unemployment rate reported by the federal government, Lockhart said he and his Atlanta-based forecasters look at a broader labor pool. Their tally includes so-called marginally attached workers who want jobs but are not actively looking as well as part-time workers who would like to move up to full-time employment. The unemployment rate when you factor in those groups is 12.6 percent, he said.
“The good news is that, over the past six months, the difference between these two measures of unemployment has in fact been narrowing,” Lockhart said.
Also, unlike the rest of the Southeast, he added that Miami’s “unique attributes” as an international city have helped accelerate the economy through foreign investment in high-priced real estate.
Lockhart, who has served as president and CEO of the Atlanta Fed since 2007, addressed about 300 chamber members and guests at the group’s monthly trustee luncheon at Jungle Island.
He noted that harsh winter weather across most of the country caused a hiccup in economic recovery in the first three months of the year — though not in Florida, which may have benefitted from frigid temperatures elsewhere.
The national economy will bounce back in the second quarter and beyond, Lockhart projected, acknowledging that his opinions were his own and that “my colleagues in the Federal Reserve system may not agree.”
Calling the first quarter “a one-off spell of weaker performance,” Lockhart said national economic growth will pick back up, unemployment will shrink, and interest rates are not likely to rise until the end of 2015.
“My key working assumption is that growth will accelerate in the second quarter and repeat in subsequent quarters,” he said. “I expect stronger growth will help to absorb underutilized resources in the economy, especially labor resources.”
Article from Miami Herald
“On the measure of development of commercial real estate and investment in residential real estate, as well as the employment picture, I think Miami is a little better off than most of the Southeast,” Dennis Lockhart said Wednesday at a Greater Miami Chamber of Commerce event.
As a whole, he said, the region is tracking the national economy but lagging behind in employment numbers in some areas. Not so in Florida, where the latest state unemployment rate was 6.2 percent, better than the national rate of 6.7 percent.
Beyond the official unemployment rate reported by the federal government, Lockhart said he and his Atlanta-based forecasters look at a broader labor pool. Their tally includes so-called marginally attached workers who want jobs but are not actively looking as well as part-time workers who would like to move up to full-time employment. The unemployment rate when you factor in those groups is 12.6 percent, he said.
“The good news is that, over the past six months, the difference between these two measures of unemployment has in fact been narrowing,” Lockhart said.
Also, unlike the rest of the Southeast, he added that Miami’s “unique attributes” as an international city have helped accelerate the economy through foreign investment in high-priced real estate.
Lockhart, who has served as president and CEO of the Atlanta Fed since 2007, addressed about 300 chamber members and guests at the group’s monthly trustee luncheon at Jungle Island.
He noted that harsh winter weather across most of the country caused a hiccup in economic recovery in the first three months of the year — though not in Florida, which may have benefitted from frigid temperatures elsewhere.
The national economy will bounce back in the second quarter and beyond, Lockhart projected, acknowledging that his opinions were his own and that “my colleagues in the Federal Reserve system may not agree.”
Calling the first quarter “a one-off spell of weaker performance,” Lockhart said national economic growth will pick back up, unemployment will shrink, and interest rates are not likely to rise until the end of 2015.
“My key working assumption is that growth will accelerate in the second quarter and repeat in subsequent quarters,” he said. “I expect stronger growth will help to absorb underutilized resources in the economy, especially labor resources.”
Article from Miami Herald
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