Acqualina Resort & Spa in Miami has been trying to diversify, and they’ve found a partner who can show them exactly how it’s done. Karl Lagerfeld, the creative director and head designer at Fendi, Chanel and his own fashion label, will help design the lobby for The Estates at Acqualina, the resort’s residential development.

Nearly four years out from the opening, The $1.5 billion Estates are already drawing a crowd, with palatial oceanfront condos ranging from $3.9 million to $40 million flying off the shelves. Among the usual multi-million dollar amenities, the development will include a day trader’s room, an indoor ice skating rink and a Rolls Royce house car.

In a statement, the developers said they’d hoped to make their lobbies “the pièce de résistance of our new project” and could think of no one more suited for the job than Lagerfeld. “Karl is the world’s most acclaimed designer, and we believe his high-end designs will be greatly valued by our residents, who desire an incomparable level of opulence, luxury, design and style,” said Jules Trump.

Lagerfeld, too, appears to be looking forward to the partnership, saying that he takes pride “in knowing that the spaces I create will be such important spaces in the building.”

“Not only are they significant because they offer the first impression of the building, they are also the spaces where people come to socialize daily; they are like a common living room.”

“My designs,” said Lagerfeld, “are inspired by the look of each lobby, the building and the destination of Florida especially. The climate is very warm there and I wanted something fresh.”

We can’t wait to see what he comes up with.