The Trump Group has confirmed that they plan to build the twin-tower Estates At Acqualina as the two tallest buildings in Sunny Isles, and signed a contract to begin construction on the second tower.
“With strong pre-sales, commitments from our buyers and clients, and our recent $558 million construction loan announced last month, we are now building both towers and the entire residential development all at once. This assures future residents of a hassle-free move-in, particularly in light of the fact that residences at the Estates are built out to a furniture-ready standard,” said developer Jules Trump. “This is an incredible time for us and we are offering a unique lifestyle that will set it apart from the rest of the world.”
Last month, the developer submitted an application to the Federal Aviation Administration to build the project at 700 feet above sea level, or 692 feet above ground.
Trump spokesperson Alexandra Wensley confirmed that both 50-story towers would become the tallest in Sunny Isles if the FAA approves the new height.
Until now, most of the recent condo developments in the city have been built at 649 feet above sea level, and none have yet broken that barrier. Some of the buildings currently at 649 feet include Porsche Design Tower, Mansions at Acqualina, and Muse. Also under construction with plans to build to 649 feet are Ritz-Carlton Residences, Turnberry Ocean Club Residences and Residences by Armani Casa.
The Estates at Acqualina is a $1.6 billion project set to include about 245 residences, including three single family homes and three two-story penthouses. The penthouses and single family homes will have their own private pools.
Recently added amenities include a Speakeasy, a salt room, and a boxing ring. Other previously announced amenities include an ice skating rink, a Formula One simulator, a golfing simulator, bowling lanes, a movie theater, and a Wall Street Trader’s Club room
Prices range from $4.2 to $14 million, with penthouses priced up to $35 million.