9 luxury residential properties designed for wine lovers
Consumers in the US are choosing to spend more on better wine, according to new research published in the 2019 Wine Analytics Report.
The report found that total U.S. wine market grew to more than $70 billion in total value and 408 million cases in total volume in 2018. While sales growth, particularly in volume, has slowed as the total market has doubled since 2003, consumers are buying wine at higher price points.
As such, many of the wineries interviewed for the report said they would focus their efforts on producing ultra-premium wines that tap into the “less is more” trend.
Clearly, property developers in the states have caught on to premiumisation, as a number of recent developments across the country have been specially designed with features befitting of any aspiring wine buff.
From buildings with expansive wine vaults, to regular private wine tastings and easy wine delivery, here are just a few of the extravagant ways developers are attempting to attract wealthy wine connoisseurs.
Oceana Bal Harbour’s residences, perched on the Florida coast, provide a floor-to-ceiling wine cooler with temperature and humidity control in every apartment, which can hold up to 70 bottles, offering plenty of space to house an expansive wine collection.
Turnberry Ocean Club’s triplex penthouse, which sits at the top of the club’s development on Florida’s Sunny Isles Beach, offers a private wine vault, allowing for ease and accessibility to a prospective homeowner’s collection.
Summit, a recently-opened residential block in New York City’s Midtown area, offers its residents private, climate-controlled wine lockers to rent in The Summit Sky Lounge.
The penthouses in development 1000M, which offer expansive views over Chicago, Illinois, will offer a separate bar and wine area just off from the flat’s kitchens and all residents will have access to both the wine tasting room, offering private storage for wine collectors, and Club 1000, a resident-only bar and lounge.
The goal is to break ground on the building, which is being constructed by local architect Helmut Jahn, later this year and from there, construction is estimated to take about three years to complete.
Alaia Belize, part of Marriott’s Autograph Collection when it makes its debut, is due to be completed in 2020 and will feature a range of residences curated by Brazilian designer Debora Aguilar of Debora Aguiar Arquitetos.
The resort-cum-residence will also feature a wine club where owners and guests can gather and enjoy private labels and collections from across the globe.
Nine on the Hudson, a recently completed condominium along New Jersey’s Gold Coast, offers resident events including wine and cheese tastings from various regions in the bar area.
Sales for available units range from $699,000 to $3,700,000.
Residents living at Reach and Rise, a development located atop of a $1.05 billion mixed-use development – Brickell City Centre, in Florida – are steps away from the shopping centre’s La Centrale’s Enoteca restaurant, which houses a selection of regional Italian wines.
The restaurant also offers Reach and Rise’s well-heeled residents their own wine delivery service.
The penthouses at The Ritz-Carlton Residences on Miami Beach, Florida, feature a 20-foot-tall wine cave that even includes a jellyfish tank, with a climate control shelving custom system for more than 2000 bottles.
San Francisco’s newest estate, Residence 950, will make oenophiles feel at home with custom-designed wine wall and storage room.
The Troon Pacific-designed home includes a 28-foot-long feature wall above the art gallery, lined with sliding glass and thermally broken doors, ensuring wines maintain “sommelier-approved” temperatures, according to a spokesperson for the development.