Aston Martin and Coto family launch car maker’s first branded condo tower in downtown Miami
Sail-shaped, 66-story luxury tower with 390 units plans to open in 2021
October 26, 2016 12:45PMBy Katherine Kallergis
Rendering of Aston Martin Residences at 300 Biscayne Boulevard Way
Another luxury brand is joining the likes of Porsche Design, Fendi, Armani/Casa and Bentley in South Florida: Aston Martin will brand its first residential tower, the company announced on Wednesday.
The high-end sports car company is partnering with the Coto family of Argentina to launch Aston Martin Residences on the former Epic East site at 300 Biscayne Boulevard Way.
Revuelta Architecture and Bodas Mian Anger are the architects of the sail-shaped building, a 66-story, 390-unit high-rise at the mouth of the Miami River. G and G Business Developments, the Coto family’s real estate arm, and Aston Martin plan to open the sales center in March, the developer said.
Aston Martin’s design team, led by chief creative officer Marek Reichman, will design the interior spaces for the building, set to break ground next summer and open in 2021. The car company’s branding will touch door handles, leather and reception desks, Aston Martin said.
The project plans to have two private lobbies, a two-story fitness center with a spa, an infinity pool on the 55th floor, and a yacht marina, according to a press release. Units will range from one- to four-bedrooms, as well as seven penthouses and a duplex penthouse with private pools and terraces.
The developer, Riverwalk East Developments LLC, paid $125 million for the 1.25-acre parcel in 2014, out of a group of 15 bidders. Alfredo Coto’s family runs the large Coto Supermarkets chain in Argentina. They bought the site from developers Ugo Colombo and Diego Lowenstein, who originally planned to build Epic’s second phase.
The Coto LLC submitted plans to a Miami River committee earlier this year.
Coto also owns a 1-acre site south of the Miami River and near Brickell City Centre.
Source: The Real Deal