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$1B Armani Tower is Related Group's Most Expensive Project

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renderings via rbacmiami

Residences by Armani/Casa broke ground in Sunny Isles Beach, per The Next Miami, and at the cost of $1 billion will be Related Group's most expensive project ever according to Related founder Jorge Perez.

The 60-floor project co-developed by Related Group and Dezer Development features a $15-million penthouse for sale that includes a free trip to Italy to meet Giorgio Armani. Units start at $1.85 million and 180 of 308 units (58 percent) were sold as of last week.

The $10-million sales center is pictured below.

· Developers unveil ultra-luxury, Armani-designed condo project in Sunny Isles Beach [Miami Herald]
· $1 Billion Armani Tower Breaks Ground in Sunny Isles [TNM]
· Penthouse Asking $15M Comes With Italy Trip to Meet Giorgio Armani [Curbed Miami]