Fabio Lamborghini, magnate of the family of manufacturers of luxury Italian cars named with his last name, announced Thursday – in an interview with Efe – an investment of one billion dollars to build a luxury apartments tower of an estimated 67 floors in Miami, the first one that builds under the firm Lambo Sky.
The Italian businessman, who is the nephew of Ferrucio Lamborghini, founder of the car brand in mention, and who directed the museum of his uncle in Italy from 2006 to 2016, considers Miami “an optimal place to start” with his new luxury apartment business, which seeks to attract fans of the ‘Made in Italy’.
“It is also an optimal area because it is in continuous growth. There is demand for high -level apartments and, then, it is strategic and important for us, but also for Miami adds something important to what already exists,” said Lamborghini in Miami.
The idea arises from the brand created by Fabio Lamborghini called Fl Fuori series, in which it promotes clothes, furniture, jewelry and “ultra luxury” footwear, which has caused an “inspiration” in the United States and the idea of developing high luxury residential buildings (‘Highrise’), explained Julio Ochoa, manager and project partner.
Although the project is separated from the car brand, Fabio acknowledges that there is “a surplus value in the initiative” thanks to the last name Lamborghini.
“Fabio Lamborghini, connecting to the company FL Fuori series, to give it that thing of more, that excellence, that touch to raise the result, the final product, to offer something more with respect to the other builders,” said the Italian.
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The details of the prices and finishes of the apartments are not yet public, but Lamborghini will intervene in their interior design and promises to satisfy those who like Italian luxury, which includes fans of the car brand.
“In the world of excellence, we want to be diverse and propositive,” said the investor.
The promoters expect the project to be completed within four years, although it still does not have a definitive location.
Miami strengthens in luxury real estate
The announcement reflects the consolidation of the luxury real estate market in Miami, where more than 13,200 ultra -ups, those with fortunes above thirty million dollars, have a secondary home there, as a report of the Altrata firm revealed this month.
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In addition, southern Florida, in particular Miami, remains as the largest international real estate market in the US, since 49% of new condominium clients are foreigners, according to a study by Miami Realtors.
Entrepreneurs behind the new tower recognize that, for this type of constructions, in Miami the “demand is one of the most important in the United States”, in addition to highlighting the mixture of cultures and lifestyle.
“Miami has shown us that it has been transformed into the last twenty -five or forty years into a large metropolis, with a specialty in vertical luxury homes in front of the sea, in a tropical warm area and that has been very successful,” said Ochoa.
With EFE information.
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