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e of the most interesting trends taking place in the South Florida region is the fact that many development companies are starting to work together with luxury brands as a means to create unique, high-end condominium projects that embody the style class of those brands. One of the latest examples is the partnership between the Chateau Group and Fendi, the Italian luxury fashion house, to produce the new, ultra-luxury oceanfront complex called FENDI Chateau Residences located in Surfside, Florida.
What Is Fendi?
The Italian firm specializes in leather goods, as well as other luxury items, including fragrances, eyewear, watches, and even writing tools. They are probably most famous for their bags and other leather goods. The company has been in business since 1925, where they started in Rome as a fur and leather shop. In the decades since, they’ve grown substantially and branched out into a variety of other areas. This venture with the Chateau Group is their first foray into branded real estate.
What Is the Project?
The partners will be working on a relatively small complex, although it will certainly not be small in terms of features and luxury. The tower will have just 12 stories, and it will contain 58 units. The Fendi Chateau Residences will be in Surfside at 9365 Collins Avenue, and it will be right along the waterfront. While they have not set a firm date for completion, they hope the project will be up by June of 2016
The condos at the tower will be quite large according to information coming from the developers. They will range in size between 3,300 square feet and over 7,000 square feet for the largest units. The prices will run the gamut naturally, but even the small units will carry a luxury price tag. Current estimates for the prices are between $5 million and $22 million.
Learn More About Making This South Florida Condo Your Next Home!
Head over to our South Florida real estate blog right now for more information on this new development! And to get expert condo buying advice and resources, make sure to contact us directly. We would be happy to make your home buying dream a reality in South Florida!
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