Verzasca Group has announced the start of construction at luxury condominium project Aurora Sunny Isles Beach. Work is underway at Aurora, which is the first project to be developed on the west side of Collins Avenue – or A1A – in more than a decade.
A groundbreaking ceremony was held Wednesday, November 1 at 11 a.m. at the 17550 Collins Avenue project site. The Verzasca development and sales teams joined Sunny Isles Beach commissioners and officials in celebrating the official start of construction.
“This is an incredibly exciting moment for Verzasca and everyone involved in the conception and development of Aurora,” said Verzasca Managing Director Tim Lobanov. “The groundbreaking ceremony represents a significant milestone for our company and gives us an opportunity to express our gratitude to those who made this project possible.”
Work on Aurora began on Sept. 21 with demolition of the original sales center to clear the site for vertical construction. The 2,000-square-foot new sales center is located at 17600 Collins Avenue, strategically positioned next to the construction site.
Aurora is a new luxury condominium project with 61 residences at 17550 Collins Avenue in Sunny Isles, one of the world’s most sought-after destinations. The boutique building’s two and three-bedroom residences range from 1,385 to more than 2,150 square feet. Prices start in the $900,000s, making it the most attainable luxury project in Sunny Isles.
The project is 60 percent sold, with buyers coming from all over the world. “Buyers are really responding to the combination of value, luxury and lifestyle that Aurora offers,” said Director of Sales John Warsing. “Having construction activity on the site is taking the strong demand to another level.”
Aurora is being developed as part of an intimate collection of boutique residences, along with Le Jardin Residences and Pearl House in Bay Harbor Islands.
In May, Aurora announced the sale of 5,382 square feet of ground-floor commercial real estate at the luxury residential project to an international investor for $5.5 million – or about $1,022 per square foot.
For more information about Aurora, visit www.aurorasunnyislesbeach.com.