Gil Dezer, owner of Dezer Development, who built Porsche Building, could build up to 743 feet above ground, or 749 feet above sea level, on the property at 18401 Collins Avenue in Sunny Isles Beach. The firm has just received the authorization by The Federal Aviation Administration.
Dezer owns the Days Hotel by Wyndham Thunderbird Beach Resort on the site. Property records show Dezer Hotel Management Ltd. paid $6.78 million for the hotel in 1996. The five-story, 180-room building was built in 1955 on a 3.56-acre site. Dezer Development CEO Gil Dezer said that he is “years away from demolishing the hotel” but that it would eventually be developed into a luxury condo tower.
A few blocks north, Dezer and the Related Group recently received their temporary certificate of occupancy for the Residences by Armani/Casa at 18975 Collins Avenue. About 30 units remain for sale at the 308-unit tower. It’s 649 feet tall.
Read More at The Real Deal: https://therealdeal.com/miami/2019/12/10/dezer-wins-height-approval-for-sunny-isles-tallest-condo-tower/
