Today, Italian luxury goods maker Salvatore Ferragamo announced its foray into the residential interior design business, signing on to take down several luxury penthouses in Dubai’s Pentominium building, which is set to be world’s largest purely residential tower at nearly 1693 feet.
While Ferragamo is far from the first fashion house to expand into the residential interior design market, company executives see the move as a smart step in the right direction for the brand. And although we’ve yet to see how Ferragamo’s style translates into home interiors, we’d have to agree as far as the Pentominium deal is concerned. With 120 penthouses planned for the Pentominium project, unique units in the tower should move rather quickly.
Developed by Trident International Holdings of Dubai, the Pentominium is scheduled for completion in 2012. Each floor in the tower will be a single penthouse unit (app. 6,500 sq. ft.) with ocean views. Residents will enjoy 24-hour butler services and use of Rolls Royce cars and Azimut yachts. Standard units are priced at approximately $5.3 million. No word yet on how much the Ferragamo Pentominium penthouses will fetch.