Determined Society with Shawn French | Adversity & Mindset - Inside the $630M Bentley Residences: How Gil Dezer Is Changing Luxury Real Estate
Episode Date: November 26, 2025In this episode of The Determined Society, host Shawn French sits down with visionary developer Gil Dezer, the mind behind Dezer Development and the groundbreaking Bentley Residences in Sunny Isles, F...lorida.From an unprecedented 36-hour mat foundation pour to $630 million construction loans and engineering innovations the world has never seen, Gil breaks down exactly what it takes to build one of the most luxurious residential towers on earthGil reveals the unseen world of mega-development: 40-foot excavations, 2,300 concrete trucks, faceted diamond glass walls, in-unit car elevators, private balconies with swimming pools, saunas in every home, and the relentless problem-solving required to turn an idea into a skyline-defining reality. Key Takeaways-Engineering greatness requires obsession — every inch of Bentley Residences is intentionally designed.-Massive construction projects succeed through coordination, problem-solving, and relentless attention to detail.-A 36-hour continuous mat pour involves 2,300 trucks, 40-foot excavations, and year-long preparation.-Innovation demands risk: faceted diamond glass, car elevators, balcony pools, and hurricane-tested engineering.-Real estate is a delayed-gratification industry — planning, permitting, and execution take years of discipline.-An educated buyer understands value: more space, better engineering, and elevated living experience. Connect with me :https://link.me/theshawnfrench?fbclid=PAZXh0bgNhZW0CMTEAAaY2s9TipS1cPaEZZ9h692pnV-rlsO-lzvK6LSFGtkKZ53WvtCAYTKY7lmQ_aem_OY08g381oa759QqTr7iPGAGil Dezerhttps://www.instagram.com/dezerdev/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Transcript
Discussion (0)
We're going to talk today about this massive Mout Foundation pour that you have going on.
So we're talking 2,300 trucks, probably the second largest mat pour in the United States of America, definitely number one in Florida.
Yeah, number two in the United States.
I think the only thing that beat us was a stadium.
It kind of got me a little concern.
I said, why is my building having as much concrete as a stadium?
What we're doing is we're filling a hole full of concrete.
So it's not that much fun, but to make that hole, to get to that point, the engineering involved, the amount of steel involved,
These guys are out there sweating their faces off all day in the heat.
Those are the real workers.
It took us a solid year to get to where we are.
We did 300 pilings.
We went down 200 feet on each pile.
And then from there, they had to excavate the top 40 feet.
So what you're seeing in there is a 40-foot hole.
And then the 40-foot hole, they're filling it up with rebar.
And then once that rebar is done, then we line up the concrete trucks and start pumping concrete in the ground.
What's up, everybody?
I'm here at the Bentley Residence's Sales Center in Sunny Island Island's floor.
I got Gil Desert from Desert Development.
I mean, he's a repeat offender.
It's the second time you've been on the show in less than a year.
But honestly, you're doing so many amazing things.
And every time I turn around, you're doing something disruptive.
So we're going to talk today about this massive Mout Foundation pour that you have going on.
So, I mean, I'm looking at this.
There's over 2,200 steel that is going to be reinforcing this thing.
We're talking 2,300 trucks.
This is probably the second largest mat pour in the United States of America.
definitely number one in Florida.
Yes.
Biggest one in the state of Florida.
And, yeah, number two in the United States.
I think the only thing that beat us was a stadium.
Really? Which one?
I don't remember.
They told me the name of it.
I didn't pay attention.
But it kind of got me a little concern.
I said, why is my building having as much concrete as a stadium?
Right.
Well, I saw it out, you know, out there.
There's a TV and it looks like there's a live feed from everybody out there.
I'm looking at it.
It looks like this big, all massive meteor hole.
I mean, in reality, what we're doing is we're filling a holeful,
concrete. So it's not that much fun, but the, uh, to make that hole, to get to that point,
the engineering involved, uh, the amount of steel involved. The, what you see them right now,
they're placing the steel. You have to see 10 guys carrying a bar and placing it. They're almost like a
dance when you watch them on the, on the screen to do it. They're going to be, they're going to be
jacked out of their mind. You can imagine how heavy that shit is. So, yeah. And these guys are out
there sweating their faces off all day in the heat and everything else. And so those are the real workers.
Yeah, man. I mean, it's not, it's not cold in Florida. No.
I mean, you got a little bit of a breeze off, you know, the Atlantic here, but it's still a good 85 degrees out there right now.
Yeah. But it took us, it took us a solid year to get to where we are. We had to, we did, I think the number is 300 pilings. We went down 200 feet on each pile. And then from there, they had to excavate the top 40 feet. So what you're seeing in there is a 40 foot hole, which you see on the video. And then the 40 foot hole, they're filling it up with bar, with rebar. And then once all that rebar, they do like three levels of rebar. And then,
And once that rebar is done, then we line up the concrete trucks and start pumping concrete.
It's time to roll.
Yeah.
It's crazy because when you see these big, beautiful buildings that you guys build, right?
You just kind of look at the end product.
I'm like, wow, that's pretty impressive.
But when you see it from the ground floor up, you know, it starts to bring in, like you mentioned, you know, the workers out there, the blue collar guys, the tradesmen.
There's so many different people that are involved in this project.
Oh, yeah.
You know, talk about that a little bit because there's a ton of third tier trades.
I mean, the FDOT had to get involved.
Oh, yeah.
Law enforcement.
Everything.
I mean, to do a pour like this is a massive coordination.
Like you said, FDOT because we're shutting it down streets.
But even getting to this point, the engineering that went into it.
And it's a whole system.
So the piling then goes into the pile cap, et cetera.
So everything was planned, engineered and executed on time.
But it was a very impressive thing.
We had to remove, like I said, 40 feet of dirt in this entire hole.
And then ship out the piles and remove those and then now put place of steel and fill
with the concrete.
And that's just the foundation.
That's not even the tower yet.
I know.
Right.
Yeah.
So there was a lot, a lot going into the foundation.
Like I said, it took us a year.
A year and about $48 million.
Yeah.
To dig a hole.
Yeah, to dig a hole.
Right.
To dig a.
I call it the emperor's new clothes phase of the of construction because we're spending
all this money and you don't get to see anything.
You don't see anything.
You don't see anything.
So, and you know, people are asking, hey, when he's starting construction?
And I'm like, well, we started a year ago.
I know you can't see anything, but we started a year.
We started paying a year ago.
Yeah.
Hey, when the ground breaks, that's when it starts.
Right.
How long, once the map, I mean, that map war is going to take a good 30 to 36 continuous hours.
Yes.
We start on Friday night.
We're finishing on Sunday morning.
Sunday noon.
Unbelievable.
Yeah, yeah.
Unbelievable.
And then Sunday we're there.
We're going to write our names in the concrete.
You're going to do that, right?
Of course.
I do it's fantastic.
Yes.
That's really cool.
Not that anybody ever sees it.
You need a complete catastrophe in order to see that.
writing on the concrete.
Yeah,
you never want to see it.
Right.
It's still there.
Right.
It's commemorated into the,
into the foundation.
Maybe in 10,000 years from now
when they find these buildings underwater.
Oh my gosh.
10,000 years,
huh?
You think it's going to take that long?
Or longer.
Or longer.
I hope so.
Everybody talks about that.
That's a separate conversation.
But it is scary being here in Florida.
You know,
sometimes you worry about all that kind of stuff.
Well, 10,000 years,
we're not worried about anything.
No, I'm not worried about anything past like
probably two.
one of those one of those movies that always uh like uh you know stuck in my in my head was uh planet
of the apes when you see them when you see them riding the horses on the beach and they show up to
the statue of liberty's head you know and you start you know it makes you realize okay
sands shift the world shifts thousands of years from now who knows what's going to happen
you know thank god i won't be here right exactly i want to be scrambling for that shit
have a hard enough time keeping my schedule straight much less you know moving around because
everything's underwater right um you know these projects that are so beautiful and
and take so long.
I mean, you've built, you know,
you and your family have built this amazing company.
It's amazing.
What kind of struggles happen when you're building a project?
Inversity,
because the audience really connects to people going through shit
and getting through them to get to the end product, right?
Right.
Well, I tell everybody my job as a developer is I am a problem solver.
And that's what it is.
This is a building any kind of construction
is just a series of problems.
that you need to solve on the hourly.
From the physical construction, from the legal part of it,
from the zoning part of it, from every single aspect of the construction,
you need, there's issues pop up every five seconds.
And if you don't have the, it takes a big, you know,
wherewithal in the stomach to handle some of these things,
especially when change orders come in and oops, this got fucked up and do, la,
and you got to fix it and it costs extra money.
But, you know, that's, the building is not for the faint heart, you know.
Yeah.
It's, you got to really be committed to this.
And you got to really find the, you got to be able to see the light at the end of the tunnel at all points.
Because if you can't, that's when it starts getting gloomy.
That's a great point.
Yeah. And so, but, but it's, you know, we sit here and we solve problems.
When you're running a bad job, you're putting out fires.
But when you're running a good job, you're solving problems before they happen.
I like that.
And so that's really what we've gotten.
I was, I started out my career as putting out fires.
And I learned, hey, if we know this is going to happen,
let's work it in advance to not let it happen.
Yeah.
And so that's, you know, I mean, I've built now 12 buildings,
so I kind of know what I'm doing by now.
So, you know, it's, you know,
it's, it's, it's, construction at the same time is not brain surgery, you know,
we've been doing it since the pyramids.
Yeah.
So, uh, we happen to change the game a little bit by adding car elevators and whatnot,
just because we got bored of building, simple buildings.
But, um, but, you know, it's, it's, it's not impossible.
You just got to, it's a very localized thing.
I believe that to be a developer, you have to be on the job.
You can't be, you know, up in 30,000 feet in the stratosphere, unless you have good people working for you, I guess.
I mean, you know, because there are other bigger companies to do it.
But I like to be hands-on, on the job.
I tell all my people, let me know what's going on so I can't scream at you later on.
You know, that's good.
Yeah.
And that's it.
You know, every issue, every change, everything, you know, I remember one of my projects I came in and I specifically sat there for hours choosing faucets and the wrong faucets came in.
And, you know, it's just like, what are we doing here?
You know, that was on many, many years ago.
So I learned, you know, the different types of ways of controlling, a freight train that's out of control, which is what construction is.
But you got to just keep it on the tracks and keep it on the course.
And that's what we do.
What I will say is because I was here about an hour early, right?
And I was able to get a coffee in the lounge area.
And to your point, you are involved.
You are infused in the minute to minute because I saw you a couple different times go through the lounge, talk to some of your people here.
And I think it's always really nice to see because a lot of times, you know, presidents and CEOs and people that are running the organization will kind of hide in their, yeah, I don't want to say ivory tower, but they'll hide in their room and let everybody else. But you take a lot of ownership of what you're building here.
Yeah. Each one of these buildings are my babies. And so I know every square inch of it because I designed it, I looked at it on the plans. And and I and because they're my babies and because they're so important to me, I go, we throw everything at it, you know. And we do throw everything at it, you know.
And we do throw everything we can at it
and just to be successful.
And proof is in the pudding, you know.
Let's take the Matt pour
because that's what we're here to talk about
and all the great stuff going on with it.
When you have a job this freaking big that is,
I mean, like I said earlier,
you're going to have 2,300 trucks running through here
in 30 to 36 hours.
There's a lot of different things that are going on.
What are some of the things that kind of keep you up
in thinking about like, man, if this goes wrong,
like, how do we get in front of it?
Or there's certain things that you,
worry about in a job this big?
Well, the mat specifically is, there's not a lot that can go wrong.
You know, you just-
That's good news.
Yeah, yeah, it's not, I mean, even if a few trucks break down on the way, you
still have concrete coming in.
There's not a lot that can go wrong because it's continuous pour.
They, you know, every concrete truck that they pour, they take a cylinder and they test
the actual strength of the concrete.
Really?
So, and they know where that concrete fell within it.
So if the concrete doesn't come up to strength or whatever, those are the risks,
if you will.
But when you're doing like, you know, 22,000 yards or whatever we're doing,
20,000 yards, if one yard doesn't come up to strength, it's going to be fine.
You know, it's a massive, you know, cake that we're putting there.
So on that respect, but, you know, we're, I'm always looking, what's the next step, you know,
we're already planning on the verticals now.
So the minute we're done and that stuff dries, we're already having meetings on how we're starting to go vertical
and how we're going to blow through.
Right now, my concerns are just on schedule.
I mean, and it's a concern that, you know, doesn't necessarily exist because we haven't started going vertical yet.
But the vertical schedule is what dictates your delivery date.
And so we are pushing the logistics in order to, in order to beat the schedule, basically.
Interesting.
We're technically on our four-year schedule.
We're technically one week ahead of schedule right now.
Well, good job.
I mean, okay, but, you know, we'll eat that one week up with one hurricane or whatever else.
I'm not, you know, I'm not banging on our chest here.
But it's better to start off ahead of schedule.
schedule then a little bit behind and trying to make up the whole time.
Well, we got lucky this year.
We didn't have anything.
Yeah, so far, you know.
So far as you make it just got hit, you know?
Yeah, they got hit.
Yeah.
So we'll see what happens.
I mean, you know.
They got hit really.
And right now is the best time for me to get a hurricane because I got nothing to the
brought the job.
Right.
It's usually when you're halfway up and you got drywall up and windows not in and
this and that you don't want rain.
You don't know that shit.
So, um, and that's where the risk comes in.
But, uh, of course, we have insurance and all that fun stuff.
So, you know, it's, it's, it's part of the business.
absolutely is man that's why you know you said it takes a you know what was your word you got
not for the faint heart not for the faint heart you got a strong gut you got a solid gun you got a iron cloud
gun oh yeah oh yeah how when you when you look at a mat pours this size how long does it take
that to dry no well the most interesting part about concrete not only does it dry fast it gets
really hot so it'll dry so concrete works that i think 70 or 80 percent of the
strength comes up within 24 hours. And then the rest of the strength comes in the next 60 to 90 days.
Okay. So as it dries out, as the concrete itself dries the liquids out of it and, and that's how it
hardens. And it gets really, really hot. You can cook an egg on it as it dry. It's very interesting.
And that's, so that's, you're going to see like almost steam coming out of the thing when it's
really done. Interesting. Yeah. And, and, and, and then, and then it cooks in about, and like we said,
in 24 hours, we can start going vertical because we don't need it to be totally, you know,
baked for the first level.
It's not like we're putting too much pressure, you know?
Right.
And by the time we're on the seventh level, it's early.
It's already done.
Yeah.
Yeah, it's fully baked.
Now, how long in between, will you really only wait 24 hours before you start going vertical?
No, we're planning on Monday starting a vertical.
That's awesome.
Yeah.
Okay.
Not wasting any time.
We finished pouring Sunday noon and then everybody get the afternoon off and then Monday,
back at work.
That's it.
Man, you know, I look at your business, right?
And as cool as it is to see the finished product, you know, in America,
and I think just society-wide, you know, we have this massive issue with delay gratification.
Dude, talk about delay gratification.
It's going to take you as long to build this building as it took me to build my platform.
Worse.
Worse.
We conceived this building in meaning the idea of,
of it in well that's a longer story but no but when we said go was 2022 geez yeah when we said go
and built the sales office and so we were two years drawing the building getting it permitted
selling the units all that simultaneous action um and everything everything what's nice is it all
comes together you know here we are we're selling um i don't know if i can announce it yet but it's
going to be put on a PR newswire today. So you're actually here to scoop something.
Ooh. When is this, when is this podcast released? It'll be, it'll be out probably in a week or two.
Okay, good. So I can tell you. Yeah, you can tell you. We, we just closed yesterday, signed all the papers for our
construction loan. Congrats. We got a $630 million construction loan from Madison Capital Realty.
And, yeah. And so, so like I'm saying, sales converged, foundation converged, land, the construction
loan everything happens as it's as we're supposed to be converging all at the same time.
And so, uh, and, and it's just, it's awesome, you know, and we plan for all this.
Everything was set on schedules and everything is hitting the schedule the way we had it.
So it's perfect.
That number, 630 million.
I would imagine for most people watching and listening, that number buckles them.
It buckles me too, man.
Okay.
That's my question.
Yeah.
It's the largest loan I ever had.
Wow.
Yeah.
Up until now, we, the largest loan we did was 325 million on our money.
Mm.
And before that was 250.
million on Porsche. So costs have gone up, but values have gone up, you know. I sold our money for
$1,300 a foot back then. And now we're selling this for double. Wow. $2,600 of $4. Yeah, that's what we're
getting here. $2,600. That's amazing. Yeah. And selling too fast, you know, I mean, relatively fast for
what the market is, you know. So it's working. It's all working. The product is excellent is what it is.
Yeah. You know, if you really look around, you know, when I was a kid, I saw a commercial for a guy who
used to sell men's clothes, Sims. Sims clothing. And his tagline was, an educated consumer is my best
customer. And I believe that. An educated consumer, a guy who's been around sees everything. And
we send them out. Go see this guy. Go see that project. Go see that project. They come running back
here. Because an educated consumer, once you educate yourself on the market, then you realize what we
have on offers, nobody else can have. It's amazing. Yeah, it really is. It's really amazing.
But we did that. It was by design. You know, we said,
you know, every condo is the same four walls and maybe a window to the ocean and the same
shit regurgitated over and over again.
Yeah.
Apart from the fact that, you know, you have resales of that same shit going over.
And I built a lot of that too.
I mean, we built beautiful apartments, nice, regular condos, but they're just apartments.
Just regular apartments.
I said I wanted to really re-change the game, completely changed the game.
And so what we did here with Bentley with the balconies, swimming pools on the balconies,
and that wind protection on the balcony.
Yes.
Even on a nasty day like today, we should go out there and you should film how you can light a candle out there.
That's wild.
It is wild.
So we changed the game of what is condo product.
Yeah.
And that's why we built a full-scale apartment here so people can see.
Other developers show you a kitchen and a bath because they're fleecing you.
You know, they're showing you, oh, this is what the kitchen looks like.
Not even to scale of what the real kitchen is in your unit.
You know, it shows just the appliances.
Okay, I can see appliances at Brandsmart.
I don't need to have to yourself.
Exactly.
You know, so, um, you know, so.
So that's where we built a full-scale unit so you can see the room sizes.
You can actually experience what it is.
And that's, you know, because we're not, we're proud of what we're building.
We're not afraid of what we're building.
You're not trying to hide any of your show and everybody.
The other guy, show a kitchen and a bathroom.
Then they sell you a little two-bedroom apartment where you have to, you know,
turn around to change your mind.
You know, so you have to walk outside just to change your mind.
So, I mean, that's where, that's where we believe in what we're selling.
We definitely don't make fun of the customer because the customer,
at this level is obviously somebody who's well healed, earned his millions,
not a stupid person, right?
And then that's why you just show them the best of the best.
And there's always room to the top of the market.
And that's where that's, that's who our customers are.
Yeah, I was just, you, you rejogged my memory because, you know, I think you came on
the show and maybe April.
And we talked a little bit about the Bentley residences.
And we talked about the pools being on everybody's balcony.
And you didn't compromise the ceiling height for the units.
low. I think those little small details or what makes the quality, the wind resistance on the balcony,
because, I mean, listen, you can go out there on a balcony and right here on the Atlantic and get very windy.
You can't even hear the person next to you. Right. So, I mean, those are big enhancements, in my opinion.
And it was also feedback we got from customers. I mean, we have people at one of my other buildings,
I say, listen, I can't buy outdoor furniture with cushions anymore because the cushions go flying off the balcony.
every time the wind blows.
And then people were saying, the balcony is so great,
but we can't even enjoy a meal out there
because the tablecloth blows off
or the plates blow off, you know, et cetera.
Yeah.
So we wanted to create an outdoor living room,
an outdoor living space.
I had a very well-known developer.
I can't mention his name, but he came in and he saw this.
He goes, wow, this is a Florida room.
And I said, shit, you're right.
I should call it as a Florida room.
Wow.
Yeah, because it's a Florida room like in a single family home.
It's an outdoor but indoor, like a Florida room.
See, that's wild to me.
He's like that type of planning and engineering for something like that is not a small thing.
No, it was a massive thing.
It was a major thing.
And expensive, too.
I mean, not just the engineer.
I'm putting an additional layer of skin on the outside of the building just to block wind for just for the fun of it, if you will.
Are you talking about stock?
Oh, glass.
Oh, glass.
And not just glass.
I went crazy on the glass.
I'm doing this faceted diamond glass because the Bentley said, hey, we should do
triangle glass and triangles to keep them with the diamonds. And I'm like, if you really want to do it,
let's facet the glass. So I had to go spend, we spent $350,000, creating a mock-up of the facet
of glass and then blowing all kinds of stuff at it so it passes hurricane proof.
350 Gs for the mock-up. For the mock-up. Wow. Just to pass, oops, sorry, just to pass the hurricane
test so I know I could put it in the building. Yes, sir, because it's never been done before.
And so we did all these kinds of things. The glass itself,
On a typical building, this glass would be about $24 million.
I'm spending $40.
Yes.
I'm spending like $18 million more because it's wow.
You know?
But I'm making a wow.
It's not double, but it's almost double.
You know, but it's wow.
It's going to be an iconic, iconic building from everywhere.
But I mean, everything you do, though, is like...
I spend the extra money where the other guy doesn't.
That's the difference.
I mean, you're fucking putting cars and elevators, you know,
and putting them into their residences, right?
And that's going to be here.
as well, right?
The deservators.
And we're doing four.
And better than that, we have Otis is building the elevators for us.
Otis, the big elevator company.
Oh, shit.
They didn't want to talk to us when we were doing Porsche because they wanted proof of concept,
but Porsche was proof of concept.
So now they're all about it.
And by having them build the elevator, I'll now be able to build these elevators worldwide.
That's the, that's the good part.
So game over now.
And it's going to be, you have up to four cars that you can put in the residency?
Four cars on the oceanfront units, three cars on the intercoast.
It's insane.
And simply because that was the biggest complaint we got at Porsche design was we gave two cars per unit,
which is well more than required parking.
And still people needed more space.
Unbelievable.
Everybody wanted more space.
That's crazy to me.
As a matter of fact, we just sold, we have man caves at the bottom of Porsche that we sold them for two and a half,
$3 million, you know, at the time.
Yeah.
An owner is selling to another owner in the building for $4.5 million, a man cave.
Really?
Yes.
A man cave, which is parking for six cars is going for about $75,000.
percent of what the units were.
That's insane.
Imagine that.
That's crazy to me.
No plumbing, no kitchens, no walls, no, just to park your car.
Yeah.
You know, it's crazy because I remember when we did our other show and, you know, TikTok was going wild, man, about what about the fumes?
What about this?
Like, everybody is a damn critic.
Right.
You know, but.
But they don't bother to ask the question, right?
Right.
But it's okay to ask the question.
But when you, when you're doing things like this, I'm sure.
When you disrupt, you know, and do things differently,
you're always going to have that level of the other eyeballs,
the critical aspect of that.
But, but dude, like, I think that all that stuff is super necessary
in order to do something special that you're doing.
I don't want to upset your viewers here.
But what I learned is the less intelligent people are afraid of change.
Oh, dude.
And if you send, if you show them something new,
they can't quite comprehend, then all they'll do is just, they say it, talk bad about it,
etc.
And it's always, it's a type of person who does that.
Because if you talk to an intelligent person, they'll ask you three or four questions and
then see it for themselves.
But if you, the others who just, ah, what about fumes?
Guys, you think the fucking fire department is going to let me put up a car with fumes?
I mean, answer your own question.
You know, I mean, that was actually one of them was like, well, what about the fumes?
What about the fire risk?
I'm like, yeah, it went through an inspection.
The car never starts.
But watch the video.
You'll see that the car never starts.
Our whole magic is you pull in, you shut the car, you do absolutely nothing.
It's automated.
A little dolly comes up, picks up the car, pulls it in the elevator, brings you up,
spits you back out on your own garage.
That's it.
It's so wild.
Simple as can possibly be, you do nothing in the car.
As a matter of fact, if you stick your hand out the window while this thing, it'll, it goes
to what's called a recall.
And the elevator will jump back down to the lobby and spit you out.
Really?
If you break any of the rules, because there's a training,
and 20-minute training and says,
keep your hands and feet in vehicle, right?
Yeah.
That's all you have to do.
Really, you have to do nothing.
The system is designed to take the car without a passenger.
So you don't, so you are just sitting there, you know?
It's an automated parking system.
We've adapted it to allow a passenger in the car,
but you don't have to have the passenger in the car.
So everybody says, oh, what happens if I'm leaving to work at 9 o'clock?
Right?
These are simple things.
It's a, I mean, that's a guy who doesn't think past the word.
boot, you know? Yeah. We do have people who leave at 9 o'clock. And they tell the car concierge guy
downstairs, hey, have my car downstairs from me by 9 o'clock. He doesn't need to push buttons.
The guy can, and he has four cars downstairs, engines running, air conditioning going, people waiting
to go to work. There's always systems, guys. I mean, there's always a solution. Yeah. It's a simple solution.
You know, you say, well, we have to think about in advance what the problems are. What's going to be.
So when we did the Porsche building, we said, okay, well, this whole system is great, great, great.
And the biggest problem that would happen is the car comes downstairs without a person in it.
No key in the car.
We can't move it off the system.
Right?
Stupid things.
That's the kind of stuff that will jam up a system.
Yeah.
So what do we do?
We put a key track system where you have to, the valet guy has a thumbprint.
So it knows.
And we have the secondary key of every single car in the building is on a key track.
That's incredible.
So there's a solution to everything.
I mean, if the guy doesn't have a second key, we'll go figure out how to make him one.
Yeah.
You know, but we have a secondary key in, and you can't just pull it out.
We have your thumbprint so you know which key is taken out when, et cetera, et cetera.
But if you send the car down by itself, and without the key inside and the valley can't move it,
we're not stuck.
We have a three-minute delay, go get the key, pull it out, et cetera.
How long does it take for, like, let's say when the residences are done, you know,
from someone to get their vehicle, you know, out to the bottom, how long is that going to take?
So the pickup of the car and the drop off of the car is about 30 seconds.
and then the ride itself,
the door opening is about 10 seconds,
door closing 10 seconds.
The ride itself is at Porsche
is 800 feet per minute.
At Bentley is going to be 1,000 feet per minute.
So the ride itself from the ground to the top
is about 30, 40 seconds.
That's hauling ass.
Yeah, it's ear popping.
Yeah.
I mean, even at 800 feet per minute, my ears pop,
you know, but 1,000 feet, your ears pop.
That's wild.
Really, really fast.
So, and we're putting super huge motors
on the car elevators that can lift the elevators
fast. And we're just doing it because, you know, it's a car company. So they want,
they want these things to perform. Well, hell yeah. It doesn't need to go that fast.
But we say, hey, have power. Well, you want to crank them out. You have multiple people trying
to leave and, you know, and get to where they're going to go.
So it's a thousand feet per minute. So the ride up is, is about 30, 40 seconds on the
right up. To the very top floor. Yeah. That's wild. Yeah. It's like you can sit here for 30 seconds.
You can be all right. Yeah. That's wild to be. Yeah. The whole thing is two minutes to door to
door.
Damn.
From into the out, yeah.
Takes me almost that long
to get from my,
yeah, I mean,
typically drive way in a house.
It's the same as a driveway in a house.
Yeah.
Yeah.
You drive up your driveway in the house.
It takes you the same.
Same time,
but here's as much cooler.
Right.
You know?
And we have a full signal in the shaft.
So you have,
you can send text messages and calls
and everything else like that.
That's really cool, man.
Yeah.
We make sure that,
because, you know,
I learned an elevator guy once told me,
he goes, you know what?
You ever notice when you go to an elevator,
there's mirrors that was by the buttons.
Did you notice that?
Yes.
Yes.
Pretty much almost every elevator you go to.
Why?
Because when people are looking at themselves in the mirror, they don't realize how long
they're waiting for the elevator.
Interesting.
So same thing.
If you're on your phone and you're sending a text, then I'm home.
That's so cool.
Right.
You know, I want to go back because we're talking about elevator again, but, you know,
Otis is in on this one and it allows you now to build the deservator worldwide.
What's your vision?
So do you understand how this whole deservator, why I'm doing it?
No.
No, your audience doesn't understand.
Okay.
So let's go back to Real Estate 101.
Okay.
Every site you buy in real estate has what's called an FAR, a floor area ratio,
which means you buy this piece of land, let's call it 1,000 square feet.
And if your floor area ratio is 3,000, that means you can build 3,000 square feet on your 1,000 square feet.
So that would be if you did a zero lot line, that's a 3-story building.
If you go back to a 50% lot line, that's a 6-story building, and et cetera, et cetera.
So that's how, and every property you buy, there's property rights that are called FAR.
Some people call it GFA, gross floor area.
There's different words for it, but floor area ratio of FAR.
That's what we're working here in Florida.
These buildings and Sunny Oz have a huge FAR.
We're almost at six, almost.
But FAR counts to your sellable square footage of how many square feet you can build.
And sellable square footage is defined by the interior square footage that's under air.
you know, inside the units. So what is not sellable square footage are balconies and garage.
Garage, they force you to build a garage. Every developer in town is forced to build 1.7 spaces per unit,
so they'll round it up to two maybe. And you're going to build a 200 unit project. You need your
400 spaces plus some for employees. You need like 450 spaces. Sometimes as the code.
we are building well more than what's required,
but by placing it adjacent to the unit
and not building the entire pedestal,
the way every developer does,
we're saving money there,
and I'm placing it next to the unit,
so I'm selling it as part of the unit.
Wow. That's our claim to fame here.
You know, I'm selling the garage
that everybody gives away for free.
And how am I selling it?
Because I'm spending $85 million on this cool elevator.
So if you don't want to pay for a garage,
this might not be for you.
And a lot of people say,
oh, I'm not paying for the garage next door.
You effectively are.
It's just blended into your product.
Yeah, of course.
You know?
And that's the other side.
Here we're selling in the garage.
When I say it's $2,700 a foot,
that's the net interior.
So that yields an apartment of like,
call it $8.5 million bucks.
So that $9 million,
when you include the whole 6,000 square feet
of what you're getting,
comes down to like $1,500 a foot.
In which case,
we're the cheapest thing in 10%.
town. If you see the value, if you like having cars in your living room, if you like having
a balcony with an outdoor swimming pool, then, and you see the value of the entire 6,000
square feet that you're buying, I'm the cheapest guy in town. And that's where an educated
consumer is my best customer. And so they're saying, oh, well, I'm buying a garage here,
but I'm not buying there. Yeah, but it's your space. And you don't have anybody driving your car,
you don't have any sweaty valets getting in your car in the summer. And you have the car right
there and you're outside balconies. So my FAR on this site is 600,000 square feet. That's what I'm
allowed to build and sell. But I'm actually selling $1.2 million because I have, I have 300,000
square feet of garage and another 300,000 square feet of balconies. And so that's where we're doing
a blended sale. If you want to do the math based on net interior and to compare me to the guy next
door, that's fine. If you want to do the math based on what you're getting, that's even better.
but that's what and we tell people because they go to my competitors who are at $2,500 a foot
and we're at $2,700 a foot. And I'm saying, look, you're paying yes, you're paying an extra $200
a square foot, maybe an extra 10% on the apartment, but you're getting 100% more.
You're getting the balcony. You're getting the outside. So it's a no-brainer. I mean,
the only reason not to buy here is if you don't have the money. Yeah. You know, that's the only reason.
If you buy it any one of my competitors, you've got to get your head check straight, straight up.
Really. There's no.
reason for it. And so, and the competitors have the main difference that they have from us is
where a car branded building, people might not resonate, where they might resonate with a hotel brand.
But at the same time, I have those hotel managers running my buildings. I mean, at Porsche,
we have Ritz Carlton guys running the buildings. We have restaurants in the buildings that are not
open to the public. Here at Bentley, we have Todd English. Yes. Who's a celebrity chef, James Beard,
three times James Beard award winning chef, just in the building, not a lot of
open to the public. I think we're going to do something with him too.
He's cool. Yeah. I've heard he's awesome. And not just that he's, his food is fucking phenomenal.
Yeah. Phenomenal. That's awesome, man. You know, you don't really realize like there's a difference
between chefs until he sits there and cooks for us. It's really next level. Game changing.
Next level. I'm so proud of having him in the building. It's going to be the greatest thing we
ever did. Really. It's going to, this is going to be the only restaurant where your friends are going to be
dying to come and visit you to just go into a restaurant. That's so bad. Yes, man. Yeah.
When you look at the overall value of everything here, like you said, when you break everything down and package it.
Yes.
You are the cheapest game in town.
We are.
And we threw everything at it.
That's just insane.
I mean, I got outdoor showers, saunas in the bathroom, heated floors in the bathroom.
Heated floors.
Every unit has a sauna.
Every unit has a sauna.
I have heated floors.
Money safes, not gun saves, but money safe.
But why is that important?
Because you can't put it in after the fact.
You have to tie it to the floor.
Okay.
And you can't tie it to these post-tension cable floors.
So I have a hookup on the.
the floor to put a safe in there and we're delivering with the safes um you know so we threw everything
at it you know anything you need i also live in my own condos so i know what's necessary i know what the
biggest issues are and so uh and we know how to counteract it the biggest biggest biggest biggest
issue today is amazon package delivery that's the biggest issue today in these condos yeah
and we're working on a robot on a robot holy shit there's no reason it should
be a robot. So you do robot,
take it up to the unit? Is that what
you're suggesting? There's all different kinds of robots today.
There's not the humanoid site,
but there's these things on
little carts with the payload that
programming can take it here and it goes.
I mean, even at bowling house, they have that shit.
They carry the food around. Right.
That's a different. Yeah. Yeah. It's easy to program.
It goes into the elevator.
It RFs the floor.
It goes out. The biggest
issue is, same thing
about the key in the car. You need something.
somebody there to collect it.
Because the robot won't just drop it on your floor.
Yeah, it just won't.
Right.
Yeah.
But that's the thing, though.
It's a fun challenge to figure out what the solution is.
The solution is they hit a button and then the robot comes up, you know, when they're home.
Yes.
Yes.
You got an email.
You got a package.
Press the button.
Robot will be there in 10 minutes.
That's the solution.
That's a solution.
So we're working on that.
It's even better.
I think it's bigger than just my buildings.
I said to these guys, I'll get you 100 buildings to buy the shit if we can make this work.
So we're working on it right now.
That's pretty cool.
And at the pricing, it saves a bottom.
Yes.
Today, a body costs $35,000, $40,000 a year, you know?
Maybe more and especially over here.
I mean, security guy who's moving in packages and that, you know, that's what it is.
Okay.
Yeah, save it.
Wow.
Save that body.
Your maintenance will decrease.
Man, this has been awesome, man.
Thank you.
Thank you so much for coming on and talking about the project and everything you got going on here.
Everybody definitely check out desert development.
Check out everything he's done.
The Bentley residence is here in Sunny Isles, the most prolific building, the most luxurious, saunas, safes, swimming pools on every balcony, truly amazing value.
And check them out.
Because, you know, if you're looking to buy here in Sunny Isles, this might be the place.
And you probably already almost sold out, though, right?
Well, we still have a majority of the units left.
Not a majority.
I mean, we still have a great group of units left.
I mean, we're 55% sold now.
So we, that's amazing.
45% to go and three years to go.
So we'll be sold up at the time you deliver for sure.
Absolutely.
Well, thank you again for coming on, Gil.
It's always a pleasure talking to you.
I'm glad we got to do this one in person.
My pleasure.
And I got to shake your hand and see what you got going on here.
So guys, share this episode with someone that is out here in Sunny Owls, Miami Beach, Florida.
Have them come check out the Bentley residences.
And if you're in the market, come by here.
Until next time, stay determined.
