Villa Valencia in Multifamily Executive
October 29, 2019.
Villa Valencia was featured in a Multifamily Executive article titled Home Is Where The Health Is where our wellness system DARWIN by Delos was highlighted.
From the article:
Not only does wellness sell, it can serve as a tiebreaker with competing properties. But for real estate developer Rishi Kapoor, the premium is just a happy by-product of a larger vision to make a positive impact on the individual and community through nature, technology, and wellness.
“There’s always the question, ‘Is it worth the extra investment?’ My answer is yes if you have the courage and vision to develop a product that is better and meaningful,” says Kapoor.
Kapoor’s courage and vision will soon be on display at 515 Valencia Avenue in Coral Gables, Fla. His real estate investment company, Location Ventures, broke ground last summer on Villa Valencia, a 13-story luxury condo community. The property features 39 estate-sized residences starting at $1.65 million.
Villa Valencia may be one of the most wellness-engaged condominium properties in America, offering a unique living environment that seamlessly integrates air purification, water filtration, circadian lighting, and wellness intelligence.
This investment is helping the property gain quick traction: Pricing has topped $1,000 per square foot, a record for any non-waterfront Miami property, according to Kapoor. “The pricing speaks to value. We offer residences and a lifestyle that nobody has seen before,” he says.
Read More From The Multifamily Executive Article Here