Faena House breaks ground in Miami Beach

The Real Deal- Miami

Alan Faena and the the sales collaboratory for the Faena House (source: Todd Eberle)

Developer Alan Faena has launched sales at Faena House in Miami Beach, following groundbreaking last month at the 47-unit oceanfront condominium project.

One of a growing number of Argentine developers to undertake major construction projects in Miami, Faena is hoping to have the same level of success with this development as he had with the Buenos Aires neighborhood of Puerto Madero.

Conceived by Faena and designed by international architecture firm Foster+Partners, Faena House is the first element of what will ultimately become Faena District, a private neighborhood designed to be “an international nexus for cultural activity and leisure,” according to a brochure advertising the project.

Faena House offers fully-furnished residences with one to five bedrooms with all the fixtures and appliances selected by the architects. Each home has a wraparound outdoor living terrace that is known in Argentina as an “alero.” Located on the widest stretch of white sand beach on Miami Beach, the residences are topped by three full-floor penthouses, each with its own private interior elevator and outdoor pool.

The condos will start out at 1,307 square feet and range all the way up to 4,307 square feet. In addition to the terraces, each unit will also have a custom-designed and engineered floor-to- ceiling window wall system.—Evan Bleier