Of The Most Desired Ultra-Luxury Developments, Privé Ranks #1 In Miami And #14 In The World
Elite Traveler, an award-winning magazine focusing on the latest in high-end travel, fashion and private jet lifestyle, compiled a list of the must-know-about-real estate residential property developments around the world and lists Privé with a 14th place designation out of the top 248 worldwide qualifying properties.
Using data from WealthInsight and Knight Frank, the research took into consideration 19 different attributes including Ultra High Net Worth (UHNW) population, UHNW population projections for 2023, growth in UHNWs during the past decade, importance of location currently, projected importance in 2023, economic activity of the location, quality of life, political influence, regional importance, price change of luxury real estate in the past year, and price per square foot.
Elite Traveler then combined this with their own independent research on amenities, identifying more than 200 properties around the world that offer the services and facilities that play an important role in lifestyle. Considered amenities included pool, secure parking, valet parking, professional concierge, gym/health club, spa with treatment rooms, wine cellar, business center, between others; all of which Privé residents will benefit from, including over 56,000 square feet of elaborate outdoor amenities and over 70,000 square feet of elegant indoor amenities and refined services.
In terms of cities, Miami/Ft. Lauderdale was dominant with a total of 30 properties, with Privé as the #1 residential development in the area. Additional cities with a high number of qualifying properties include New York, Los Angeles, Hong Kong and London.
Designed by renowned architects Sieger Suarez, Privé’s twin towers will rise 16-stories above the exclusive, eight-acre north island located between Williams Island and Sunny Isles Beach. A total of 160 ultra-luxury residences range in size from 2,585 square feet to more than 9,000 square feet in select penthouse units.
Each residence will include private elevator entry, flow-through floor plans with 10-foot glass on both eastern and western exposures, 10-foot deep balconies, expansive east/west water views throughout, European kitchens and bathrooms, as well as outdoor summer kitchens.