Penn-Florida Companies Releases The Penthouse Collection by Mandarin Oriental

BOCA RATON, Fla., March 28, 2019 /PRNewswire/ -- Penn-Florida Companies, an owner and full-service developer of luxury real estate for more than 30 years, recently released its highly anticipated Penthouse Collection by Mandarin Oriental. Limited to five extraordinary Residences, and one of a select few penthouses available worldwide by the award-winning hotel group, The Penthouse Collection represents a once in a lifetime opportunity for a select few. 

The Residences at Mandarin Oriental, Boca Raton is the third and final tower at Via Mizner, a $1 billion, 2 million-square-foot urban resort currently under construction in Downtown Boca Raton. Upon completion, Via Mizner will offer residents and guests unparalleled access to the brand new Mandarin Oriental Hotel, onsite shopping, dining, nightlife and a world-class private club.

The Penthouses range from 7,000 to 10,000 square feet and will be delivered fully appointed, however early purchasers may alter the layouts and enjoy the benefits of a custom home. Design features include private elevators, expansive wrap-around terraces with summer kitchens, 12-foot ceilings and floor-to-ceiling doors and windows, Sub-Zero and Wolf appliances, refrigerated wine storage and "smart home" automated technology. Owners also enjoy exceptional recognition and exclusive benefits when traveling to any Mandarin Oriental hotel around the globe through the Residences Elite Programme.

"Via Mizner's elevated lifestyle and unsurpassed amenities continue to draw worldwide attention," said President & CEO of Penn-Florida Companies Mark A. Gensheimer. "As construction progresses and pre-construction pricing comes to an end, our buyers recognize now is the time to purchase these one-of-a-kind homes."

In addition to a resident-only rooftop pool, clubroom and wine lounge, owners have access to is a rare, multi-generational membership to Via Mizner Golf & City Club, the newest, most dynamic private club in Florida with two distinct venues. Currently under construction, The Golf Club features a Jack Nicklaus Signature course, Har-Tru tennis courts, resort-style pool, and several indoor and outdoor dining venues inspired by Mandarin Oriental. The City Club, located on Levels 4 and 5 of the new hotel, Mandarin Oriental, Boca Raton, will offer a member only restaurant and lounge and preferred access to the signature restaurants within the hotel. Members will also enjoy preferred access to The Spa at Mandarin Oriental and its' state-of-the-art fitness facilities, where integrating mind, body and spirit is the cornerstone of its holistic philosophy.

Boca Raton is recognized as an international destination. With the recent addition of an international customs facility at the Boca Raton Airport, and with the current media spotlight on Florida tax benefits, Via Mizner is attracting the global elite. More corporations are relocating their headquarters to Boca Raton and the median age is trending younger. This recent influx of a wealthy demographic is escalating the demand for luxury homes. 

"We continue to see demand for luxury-branded residences in South Florida," said Jay Parker, Chief Executive Officer of Florida Brokerage, Douglas Elliman. "With some of the most influential people in the world now residing in Boca Raton, The Penthouse Collection is the only option that appeals to these sophisticated and discerning buyers. Our buyers also recognize the value of hotel-branded residences, which typically retain their value and prove to be an excellent investment opportunity over non-branded condominiums."

About Penn-Florida Companies
Founded in 1987, Penn-Florida Companies is a respected owner and full-service developer of luxury, high-profile real estate. With its headquarters located in Boca Raton, and regional offices in Orlando, Florida, Penn-Florida specializes in creating ultra-luxury, one-of-a-kind residential and commercial projects throughout the state. By limiting its portfolio to unique properties in select locations, and upholding the Company's long-standing commitment to delivering exceptional experiences and lifestyles, Penn-Florida has distinguished itself as a market leader for luxury and quality. pennflorida.com

About Mandarin Oriental Hotel Group
Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences. Having grown from its Asian roots into a global brand, the Group now operates 33 hotels and six residences in 23 countries and territories, with each property reflecting the Group's oriental heritage and unique sense of place. Mandarin Oriental has a strong pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group. mandarinoriental.com

SOURCE Penn-Florida Companies