Verzasca Group Wins City Approval for Aurora Project
MIAMI, FL — Verzasca Group announces it has received city approval for its Sunny Isles Beach project, Aurora. The mixed-use building will be the first new condo development on the West side of Collins Avenue in more than 10 years.
"We are thrilled to have gained approval from the city and owe tremendous gratitude to our Greenberg Traurig legal team for helping us through the process," said Darius Kasparaitis, President of Verzasca Group. "With all of our developments, we aim to bring luxury and comfort to our residents and Aurora is no different. We designed the building to meet the growing demand for affordable luxury in a desirable area and we look forward to taking the next steps."
Aurora will be a 17-story, mixed-use tower with the top 13 floors designated for residential living, the ground floor for commercial, and floors two and three designated for parking. The 61, two- and three-bedroom units will average 1,600 square feet and will start in the low $600-per-square-foot – consistent with the company's mission of providing luxury housing at more affordable prices with majority of the units in the building coming in at under a million dollars. Additionally, the curvilinear balconies on every other floor bring an elegant sense of movement in design and offer all future residents ocean views.
"Collins Avenue in Sunny Isles Beach divides areas of low-to-mid-rise density to the west and pronounced high-rise buildings to the east," said Luis Revuelta, Principal at Revuelta Architecture. "From an urbanistic, as well as architectural standpoint, our project serves as the proper elegant transitional piece between these two opposing conditions."
"The building's main inspiration comes from the Atlantic Ocean and the beach across the street," said Barbara Pederzoli, Project Manager at Revuelta Architecture. "Aurora incorporates a sculptural wall consisting of imaginative and symbolic wave-shape punctured panels inspired by the ocean waves. In this way architecture is tied to nature in a cohesive artistic piece visible from its surroundings."
Real estate attorney Steve Bassin and land use attorney Ethan B. Wasserman with the Miami office of international law firm Greenberg Traurig played an integral role in winning the city's approval of the Aurora Project.
"This favorable outcome was possible due to our client's strong desire to address the community's concerns and our ability to guide them through the governmental processes" said Bassin. "This is a shining example of how a developer, the city and the community can work together to move forward a project that will serve the needs of all stakeholders."