Gil Dezer and a rendering of the Bentley Residences (Dezer via Sonya Revell, Bentley Residences Miami)
Current, Nov. 21, 4:45 p.m.: Dezer Enhancement landed a $40 million bank loan tied to its planned Bentley Residences condominium challenge in Sunny Isles Seashore.
Metropolis Countrywide Lender of Florida provided the house loan, according to records. The financing is for pre-progress expenditures linked with the proposed 749-foot luxury tower with 216 units at 18401 Collins Avenue, in accordance to a Dezer spokesperson.
Dezer partnered with Bentley Motors to produce the luxury automotive brand’s 1st household making in the environment. Rising 61 tales, Bentley Residences will attribute a “Dezervator” auto elevator in the center of the creating, according to a push launch. Each and every rental will have a a few- or 4-car or truck garage with charging stations for electrical cars.
Led by Gil Dezer, the Sunny Isles Seaside-based enhancement company not long ago opened a $10 million income centre that consists of a full-scale product of a 6,000-square-foot condominium at Bentley Residences. Costs selection from $5 million to around $6 million for models struggling with the Intracoastal Waterway. Ocean-dealing with units are inquiring $5.5 million to $7.5 million. Pricing for the penthouses will be in the $20 million range.
The Dezer spokesperson explained reservations will start out to be transformed into contracts in January, and declined remark about the variety of reservations.
A Dezer affiliate purchased the 3.6 acre assets, which contains a 5-story Wyndham-branded resort, for $6.8 million in 1996, records present. Demolition of the 180-vital creating is envisioned in the initially quarter of following calendar year, with a concentrate on project completion day of 2026, the spokesperson explained.
Bentley Residences will be Dezer’s next luxury condominium featuring a substantial-tech car elevator. The first was Porsche Structure Tower, a 60-story luxurious model high-rise also in Sunny Isles Beach front that was completed in 2016.
Dezer is also redeveloping the Intracoastal Mall in North Miami Seaside into a $1.5 billion mixed-use task referred to as Uptown Harbour. In 2020, the North Miami Seaside City Fee permitted the significant enhancement that entails 2,000 residential units, 575,000 sq. ft of retail and workplace space, 250 lodge rooms, a harbor and central park on virtually 30 acres.
