By: Ismael Rodriguez

The developers of Aston Martin Residences, the latest luxury brand to reach for a slice of South Florida’s condo market, announced its formal groundbreaking ceremony would take place on Oct. 18.

G&G Business Developments, the Miami-based real estate firm owned by Argentine supermarket tycoon German Soto and his mother Gloria, told the press of its plans to break ground a month after filing a notice of commencement with Miami-Dade County for the 66-story, 391-unit skyscraper in downtown Miami, with sales already surpassing the $100 million mark in deposits.

The highly anticipated development has been speeding through the process since opening its sales center at 300 Biscayne Boulevard Way in May. The venue also houses one of only 24 800-horsepower Aston Martin Vulcan’s in the world.

Amenities include a large spa and fitness center with separate rooms for spinning, boxing, and meditation—in addition to a golf simulator, multiple theaters, and a curated art gallery.

The project, considering it was announced less than a year ago, and expected for completion in 2021, has been moving with the kind of speed that typically resembles its state-of-the-art luxury vehicles.