During Art Basel, a week of spectacular, contemplative art and design, Elle Decor brings its own kind of public installation.

As an official satellite of Design Miami — the international marketplace of limited edition furnishings and design forum — the magazine presents a showhouse of inspired spaces in a 47-story waterfront condo tower. The inaugural showhouse was held in San Francisco last year.

A group of marquee interior and landscape designers picked by Elle Decor are tasked with transforming a blank 10,000-square-foot penthouse into a wow space with a view. The penthouse is on the 43rd floor of Paramount Bay, at 2020 N. Bayshore Drive in Miami.

The roster of designers, most of whom are based in South Florida, includes Juan Carlos Arcila-Duque, Vincenzo Avanzato, Lars Bolander, Tamzin Greenhill, Wade Allyn Hallock, Larry Laslo, Lynda Murray, Mario Nievera & Keith Williams, James Wall and Deborah Wecselman. Each is assigned to a specific room or terrace.

Earlier this year, rock star Lenny Kravitz was tapped to create the artistic vision at Paramount Bay, which is expected to be completed early next year. His design firm, which also worked on the Florida Room at the Delano, is charged with designing the look of the residential property, including all public spaces and outdoors areas.

Proceeds from the showhouse will benefit Miami’s Design and Architecture Senior High (DASH).

“Elle Decor is delighted to debut our second showhouse, especially as the proceeds benefit the next generation of designers and architects,” said Michael Boodro, Elle Decor’s editor-in-chief. “We’re excited to join forces with Paramount Bay and look forward to seeing the space transformed by such a talented array of designers.”