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A Miami-area penthouse under construction that comes with a small fractional ownership of two Jeff Koons sculptures is asking $29.5 million, according to the developer, Argentine firm Consultatio.

A five-bedroom duplex apartment on the top floors of the 28-story building, the penthouse, will measure roughly 19,320 square feet, of which about 9,370 square feet will be interior living space. Outdoor areas will include a rooftop pool, Jacuzzi tub and entertaining space overlooking the Atlantic Ocean. There will also be 7½ bathrooms, a sauna, exercise area, two dens and a massage room. The building is in the early stages of construction with a projected 2016 completion date.

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The Delaware College of Art and Design in downtown Wilmington is making small expansions that could later trigger bigger and more significant projects for the two-year school.

Next to DCAD, developer Buccini/Pollin Group is putting up a $6 million, five-story apartment building at 606 N. Market St. DCAD, which is known for its majors in photography, illustration, fine arts, animation, interior design and graphic design, will occupy the first floor of that building.

DCAD President Stuart Baron said the school will house sculpture studios there.

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