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Porsche Design Tower in Miami Will Feature Indoor Car Elevators

car elevatorA high-rise building under construction in Miami will feature robotic elevators and indoor car garages in each unit.

The Porsche Design Tower is expected to be completed in 2016. The 60-story, 650-foot-tall, cylindrical building will include 132 units ranging in size from 4,300 to 17,000 square feet. Prices will run from $5.3 million to $32.5 million. So far, 80 percent of the units have been sold. About 2 percent of the world’s billionaires have purchased homes in the tower.

Each residence will include two to four “sky garages” for residents to store their vehicles in glass-walled spaces. The cars will be transported to the units via elevators.

The third floor of the building will be used for “man caves,” private garages where about 12,000 square feet of interior space will be divided into six spaces that can hold up to nine cars. The tower’s developers say the “man caves” are intended to appeal to car enthusiasts and luxury seekers by providing a space where they can showcase their high-end vehicles and entertain guests. The “man caves” will cost $1.8 million to $2.5 million and will feature ocean views.

The building will also include other amenities, such as a movie theater, spa, and plunge pools on almost every balcony.

South Florida-based developer Dezer Development is collaborating with the German Porsche Design Group on the project. Porsche Design Group provided a $214 million loan for the building, which is the largest loan that has been approved for a major construction project in the southeastern United States since the recession.

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