3 Tower Development Proposed at 3333 Biscayne Boulevard
According to a filing with the city planners, plans for a 3-tower mixed-use complex at 3333 Biscayne Boulevard in Edgewater have been made public.
The three towers themselves will be labeled as East, West, and North towers. The East tower is proposed to be a residential tower that will rise 41 stories tall with the North tower, also residential rising 40 stories tall. The West tower will be mainly a commercial tower with available office rental space rising 12 stories.
The development will also include 635 residential units spreading over the East and North towers which will also include 9 townhomes. There will also be 1,210 parking spaces throughout the 8-level garage. The office space will include 156,989 square feet and 19,180 square feet will be dedicated to the ground floor commercial spaces.
In a statement from the Developer, the three towers and a podium were developed by the project architect without overcrowding the space. An office tower on Biscayne Boulevard has a staggered design to wisely avoid reaching its full authorized height. To optimize separation and prevent crowding, the two residential buildings are set apart from one another at a diagonal angle. Nine ground-floor townhome units and a courtyard are positioned along the north and east facades of the project’s podium level, where they are intended to keep public spaces active.
The Applicant is happy to have generated an amazing design without the requirement for Waivers, Warrants, or Exceptions due to the Property’s enormous acreage and a private agreement among the owners of the united parcels to divide development rights among their sites.
A covenant in lieu of unity of title is being used in the proposal to use development rights from nearby properties that Aimco owns.
The architect is credited as Stantec. The developer had previously been identified as Beitel Group.
On November 16, there will be a hearing before the Urban Development Review Board.
New Luxury Bayfront Development Revealed in Edgewater-Vida Residences
A new condo development has recently been revealed for Edgewater, Vida Residences. Vida Residences will encompass a Euro design that embodies luxury through every detail including its interior with beige tones, floating chandeliers, and all the amenities a luxury condominium has to offer.
Rising 9 stories tall, Vida Residences Edgewater will feature 121 fully finished and furnished units. One of the more enticing features includes the allowance of short-term rentals. There will no rental restrictions and residents will be allowed to rent on a short-term basis through hosting platforms such as AirBnb and VRBO.
The building will feature over 22,000 square feet of amenities.
Building Amenities:
Expansive rooftop tranquility pool with jacuzzi
Cabanas
Grilling stations
Private rooftop restaurant/bar
Breathtaking vistas of Biscayne Bay
State-of-the-art fitness center Convenient juice and coffee bar
HiTech co-working center 24/7 security services
Controlled property access with 24/7 concierge services
The developer for this project is listed as Urbana with Kobi Karl as the architect and interiors by Euro Design Group. The Groundbreaking is scheduled for the spring of 2023 and completion in 2024. Units start at $300,000.
Two Roads Development Launch Sales on 3 Tower Project- Edition Residences
Two Roads Development has just announced the launch of a 3 tower development designed around the Edition branding, Edition ResidencesEdgewater, with sales launching for tower 1.
With Marriott’s global reach, operational know-how, and size, this brand offers the personalized, intimate, personalized, and distinctive accommodation experience for which Ian Schrager (owner and operator) is renowned.
The Edition brand not only includes excellent design and genuine innovation, but also individualized modern service, and exceptional, one-of-a-kind food, beverage, and entertainment options.
Previously called Biscayne 21, the Edition project located at 2121 N. Bayshore Drive feature 185 condo units with pricing starting at $1.7 million. With 2 of the towers still being planned, it is unknown whether they will also have the ‘Edition’ branding.
Twos Roads Development is also responsible for Biscayne Beach and Elysee towers. Arquitectonica is listed as the architect.
In May 2022, Two Roads paid $150 million for the site which included Biscayne 21, a 191-unit tower currently on the site.
If you or someone you know have an interest in purchasing at Edition Residences Edgewater, please contact Lucas Lechuga via email at [email protected] or by phone at (786)247-6332.
New York Developer Acquires Belmar Condominium in Edgewater for a Potential New Development Site
Another potential development site in Miami’s Edgewater neighborhood has been acquired by a New York condo and multifamily developer.
According to public documents, a company managed by Joseph Stern, the principal of SB Development, paid $12 million for all 13 apartments of the Belmar Condominium at 419 Northeast 19th Street. The price per condo for the group purchase is $923,076. To pay for the transaction, the buyer got a $14 million loan from Rok Lending, a company based in Aventura.
Between the 1970s and the 1990s, several of the sellers who bought units made substantial profits on their purchases. In 1973, when Belmar was finished, Francesca, Monica, and David Vila paid $36,000 for a two-bedroom apartment, according to documents. Leopoldo Colon and Kenneth Merker, who are on the board of the Belmar condominium, paid $40,00 and $41,00 for their respective apartments in 1993 and 1994. After Stern’s company completed the bulk sale, the condo association was disbanded, according to records.
The five-story Belmar, which is tucked up against the Cité on the Bay Condominium, might be SB Development’s upcoming renovation endeavor in Edgewater. There are no plans on file with the city of Miami.
For $12.2 million, SB and its joint venture partner Hazelton Capital Group purchased a five-bedroom home at 480 Northeast 29th Street as well as two nearby vacant properties. The land is zoned for up to 38 floors, and the partnership aims to build a boutique apartment tower with a bayfront restaurant on the ground floor.
According to the company website, SB, which was founded in 2010, has more than 500,000 square feet of projects in various stages of development, from townhomes to high-rise buildings. For a construction site in Long Island City where the company intends to construct a $70 million, 24-story apartment tower, SB paid $15.2 million in 2019. SB also contributed to the development of Williamsburg’s Dime, a mixed-use housing and retail complex.
Melo Group Tops Off Construction of URBAN 22
Seven months after breaking ground, the Edgewater twin-tower apartment building known as URBAN 22 has officially topped off on construction. The developer for the project, the Melo Group is a well-known development group in the Miami area. After completing 6,000+ residential units in Miami over the years, they currently have 2,000 units under construction.
Multiple parcels making up the 1.94 acre site stretch’s from Second Avenue, 22nd Street, to 23rd street. The Melo Group started purchasing these sites in 2011 that is now making up the site for URBAN 22.
The project call for twin 15-story towers that will total 708,119 square feet with an 8-story podium connecting between the two. The towers will feature 441 residential units, 7,168 sq. ft. of retail, 5,692 sq. ft. of office space, and 529 parking spaces.
The units will range from 725 to 1,200 square feet of living space with each unit featuring a private balcony with glass surround railings. There are 4 studios, 243 one bedroom, 152 two bedroom, and 42 three bedroom units available.
The garage will feature a pool deck on the roof, indoor/outdoor spa, garden terraces, and a fitness center with a social room for gatherings. The Melo Group stated that project would enhance the pedestrian experience through the bridge between the two buildings as well as the retail and commercial aspects.
Demolition Permit Filed and Renderings Revealed for 710 Edge Tower
In October 2021, developers announced plans for a 55-story tower, 710 Edge that will be located in Edgewater. Months later the plans were approved by the Miami Review Board and now permits have been filed with new renderings attached.
The permit that was filed will allow total demolition of the site which would include several buildings that are currently on the property.
Two adjacent waterfront buildings were submitted on July 29th with one of the buildings as Harbor 29. A total of 16,000 square feet will be demolished costing the developers $151,000.
The second permit is for 530 NE 29th Street which totals 4,590 square feet estimating $25,250.
On both permits, Dade Wrecker Service is identified as the demolition contractor.
The projected height of 710 Edge is 55 stories, or 646 feet (649 feet) above sea level. 710 Edge will include 70 residential units, 193 parking spaces, 16,000+ sq. ft. of commercial and retail, a rooftop helipad, and a public baywalk.
Proposed by 710 Edge LLC, owned by Kevin Venger, Michael Konig, Louis Birdman, and Alex Posth were also a part of the development of One Thousand Museum. Sales have not yet been announced.
A Second Soho House Revealed in Miami
A second Soho House, called Miami Pool House, will be launched in Miami in the fall/winter of 2022 by the Membership Collective Group Inc.
The Membership Collective Group (MCG) is a vibrant, and international membership platform that links members through physical and digital places.
The Miami Pool House will be located at 105-107 NE 25th St. at an old printing press called Windward Publishing, which was most recently a private residence. It will house the new Miami facility near the border between Wynwood and Edgewater.
There will be a pool, lounge areas, a restaurant on the terrace, a club area, and a cottage bar in the House. As a result, there will be a laid-back, laptop-friendly workspace where people can hang out during the day and enjoy some entertainment in the evening.
Miami Pool House will emphasize the local Miami artist community through committed relationships, programming, and its art collection.
According to the Area General Manager, Philip Spee, “Soho Beach House has been a part of Miami for nearly 12 years since we opened in 2010, and we’ve loved to help connect a diverse, vibrant, and creative set of members and guests over that time. The team and I are delighted to bring another location to our local and visiting members that will provide a platform for them to come together and connect socially and professionally.”
Exclusively for members and their guests, Miami Pool House will be accessible. Miami Pool House is open to Local House members. Those who belong to a House, however, have access to every Soho House in the world.
Nick Jones established Soho House in 1995. It serves as a space for our varied members to interact, develop, enjoy themselves, and create an effect.
Today, there are members and houses all over the world, along with eateries, spas, offices, and movie theaters. A location where people can exchange ideas and build connections in both physical and virtual environments, Soho House is a platform that supports all forms of creativity.
There are currently 30 Soho Houses, 9 Soho Works, The Ned in London, Scorpios Beach Club in Mykonos, Soho Home, interiors and lifestyle retail brands, and digital outlets are all ways that members from all over the world interact with MCG. The larger portfolio of MCG also includes the LINE and Saguaro hotels in North America.
Oak Road Equities Announces Plans for a 40 Story Tower at 2600 Biscayne
Oak Row Equities recently revealed that it had closed on the purchase of a 2.1-acre site on one of the final vacant city blocks in Edgewater. For $35 million, the company purchased 2600 Biscayne Boulevard in order to build a mixed-use building designed by Arquitectonica.
One of Miami’s most rapidly expanding real estate development companies, Oak Row Equities, has ongoing projects in Wynwood, North Miami Beach, Edgewater, and the Design District.
The company’s most recent acquisition is 2600 Biscayne Boulevard. The 2.1-acre lot in the highly sought-after coastal community of Edgewater has just been closed by Oak Row Equities. A mixed-use development with 399 condo units, roughly 160,000 rentable SF of office space, and 6,500 rentable SF of retail space is what Oak Row Equities intends to construct.
Tower Information
40 stories tall
399 class A residential units
160,000 rentable sq. ft. of office space
6,500 rentable sq. ft. of retail space
The proposed Brightline commuter rail is one block away from the location. Arquitectonica, a renowned local architectural studio, will create 2600 Biscayne. A third of the offices at 2600 Biscayne have already been pre-leased by Oak Row Equities. The development team includes LNDMRK Development, owned by Alex Karakhanian.
The Fairholme Foundation, run by Bruce Berkowitz, had previously intended to turn the site into a museum. In 2013, Fairholme spent $6.79 million to purchase the home.
Edgewater Tower Proposed by Aimco is Denied Approval
After a city of Miami board refused to recommend approval of Aimco’s plans for a luxury rental tower in Edgewater, the developer is determined to revaluate the development plans and come up with a solution to get these plans moving forward.
After identifying a number of “serious concerns” with the design, members of the Miami Urban Development Review Board voted on Wednesday to reject plans for the proposed mixed-use development across from Aimco’s Hamilton on the Bay tower. Despite the board’s rejection, Aimco can still seek approval for the project.
The board was initially split on whether or not to recommend acceptance of the proposals with conditions, with three members voting in favor and three voting against. As a result, the developer can either withdraw its application and start the process all over again, or the board can vote to decline the recommendation, allowing the developer to submit amended plans to the planning director for final approval.
Aimco’s attorney, Tony Recio, a partner at Weiss Serota Helfman Cole + Bierman, said the developer is examining the board’s ideas and looks forward to “addressing their criticisms with the planning director” as the project moves further. Recio submitted the concept to the board of directors on Wednesday.
Though they praised the project’s overall design, board members expressed concerns about circulation on the ground level, including how residents and restaurant customers would access parking, apartments, and the restaurant, as well as loading and trash collection, landscaping, and an oversized mail room.
At 555, 560, 600, 610, 620, 630, and 640 Northeast 34th Street, Aimco, a publicly traded multifamily real estate investment company located in Denver, has proposed a 60-story, 241-unit tower. On more than an acre of land, the construction would include a new parking structure and 4,700 square feet of commercial space for a restaurant on the bottom level facing the water.
Aimco has made a significant investment in Edgewater. It paid over $90 million for the Hamilton on the Bay rental complex, which is currently undergoing substantial renovations, nearly two years ago. A nearby vacant lot and a modest rental building were included in the purchase.
Following the cancellation of its tenants’ leases at the Hamilton last year, Aimco purchased premises across the street, where the new project would be built.
