Gil Dezer will announce a new project that includes a “Dezervator” car elevator with the next six months.
Dezer told The Real Deal that the recent election of Donald Trump will help Miami’s condo market will boom, making it a good time to start new projects.
The new tower will be in Sunny Isles, but won’t have Porsche branding, since it would dilute values at the recently completed Porsche Design Tower. A partnership with another luxury car brand is in the works, he said.
At Porsche Design Tower, closings are now underway. $760 million worth of units have been sold, or 126 of 132 condos. 40 of the buyers will live there full time, and 22 are billionaires.