Missoni Home is not new to commercial real estate. It designed the Hotel Missoni line with Rezidor Hotel Group, with hotels open or opening in Scotland, Kuwait, Turkey, Omanan and Brazil.
It’s the fourth of six towers in the $316 million Acqua Private Residences project; the first three are completely sold out. The Missoni Home tower will have 645 1-,2-, and 3-bedroom units that will rent for about $315 per square foot.
A multi-level amenity center called the Canopy will house an amphitheater, lounge, DJ booth and dance floor,a pool with swim up bar, and barbecue facilities.
The Missoni tower is to be the second fashion-branded building in Makati, a section of the Filipino capital that Century Properties is developing at a breakneck pace.
The company is also building The Milano Residences, a Versace-branded tower there, 80 percent of which is sold, according to the developer.