Marking its first branded real estate project globally, Fendi is partnering with Château Group to develop Fendi Château Residences, a 12-story waterfront condo at 9365 Collins Avenue, just south of the The Bal Harbour Shops and slated for completion in June 2016.

It will feature 58 units — apartments and penthouses — from 3,300 to more than 7,000 square feet with 10-foot ceilings and ocean-view terraces. All residences boast finished bathrooms featuring Italian marble with custom-designed fixtures, along with staff quarters and laundry areas, which include full bathrooms. Residents also have the option to include Fendi Casa decorative elements throughout their apartment. The homes are characterized by bespoke designs and feature distinctive materials such as streaked woods, smoky glass and bronzed reflections that seamlessly reflect Fendi’s highest standards. They are priced from $5 million to $22 million.

“Fendi Château Residences further consolidate our ties in the luxury private property sector, in particular with a qualitative partner like Château Group,” said Fendi chairman and chief executive officer Pietro Beccari. “It fully expresses the codes, history and savoir-faire that characterize Fendi.”

Château Group president Manuel Grosskopf described the building’s architecture as “undulated” in a way that “echoes the waves” of the Atlantic Ocean that it faces. “Its residences and deluxe amenities combine function along with Fendi style on a grand scale for the very first time,” Grosskopf said.