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One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower

December 10, 2024

One Thousand Group, the visionary development team behind some of Miami’s most iconic projects including One Thousand Museum, has announced the successful acquisition and financing of a prime 1.6-acre site in East Edgewater for its newest venture, Tower 36. The transaction, financed by Cirrus Real Estate Partners, was purchased for approximately $53 million, and includes the acquisition of a three-parcel assemblage at 3601 Biscayne Blvd, 345, and 409 NE 36th Street, situated at the intersection of East Edgewater and Miami’s Design District.

Located at the crossroads of East Edgewater and Miami’s Design District and the gateway to Miami Beach, Midtown, Wynwood and Downtown. The planned and approved project has been designed by the internationally renowned architecture firm KPF Architects. The future Tower 36 project will be a transformative lifestyle-focused mixed-use development featuring branded residences, a variety of commercial and retail uses and will feature a private members club, multiple food and beverage offerings, wellness and recovery amenities, and a signature One Thousand Group rooftop helipad and heli-lounge similar to the one featured at the developer’s iconic One Thousand Museum project.

“This marks an exciting new chapter for Miami’s Edgewater neighborhood,” said Kevin Venger, co-founder of One Thousand Group. “Having developed in this area since 2005, our goal is to continue to contribute to its remarkable evolution. With its strategic location and seamless connectivity to the airport, Miami Beach, and surrounding neighborhoods, Edgewater is solidifying its place as one of Miami’s premier destinations.”

“Tower 36 represents a pivotal step in Edgewater's emergence as one of Miami’s most sought-after neighborhoods,” said Michael Konig, co-founder of One Thousand Group. “With its unmatched visibility, proximity to the Design District’s vibrant restaurants, seamless walkability to parks and retail, this location is perfectly positioned to set a new standard for mixed-use living in Miami.”

The project’s design is being led by KPF Architects, with Robert Whitlock and Lloyd Sigal spearheading the creative vision. Known for their innovative approach to urban architecture, KPF is introducing sustainable design elements, state-of-the-art technology, and walkability features that seamlessly connect the project to the vibrant cultural fabric of Miami. Sustainable and wellness-focused design with branded residences and transient options.

“Working with internationally acclaimed Architects such as KPF to design our latest Miami tower aligns with our company's vision for developing unique and innovative buildings that will exemplify not only design excellence, but will be sustainable, and on the leading edge of technology,” noted Louis Birdman, co-founder of One Thousand Group.

One Thousand Group is a team of seasoned visionary real estate developers led by Co-Founders Louis Birdman, Kevin Venger and Michael Konig. With a collective portfolio including their recent development, Villa Miami, a Major Food Group branded residence currently under construction and located in the Edgewater area along with an established list of completed projects including the iconic One Thousand Museum, Ten Museum Park, Regalia on the Ocean, Paramount on the Bay in Edgewater, Emerald Brickell, and other real estate development projects, the group touts a delivered value in excess of $8 billion comprising nearly 20,000 residential units and in excess of 10 million built square feet of residential and commercial development. The group’s primary focus is to conceptualize, create and execute unique luxury real estate development opportunities. One Thousand Group seeks out challenging projects, creating value from their experience while providing innovative solutions to complex development projects.

One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower 2.jpg
One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower 4.jpg
One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower 5.jpg
One Thousand Group Closes On $53 Million Edgewater Assemblage For Kohn Pedersen Fox-Designed Tower 6.jpg

Renderings via KPF Architects / One Thousand Group

In Commercial, Development, Development News, Development Sites, Edgewater, News, News & Features, Design Tags News & Features, News, Office, Commercial, Kohn Pedersen Fox, KPF, One Thousand Group, Tower 36, Edgewater, Louis Birdman, Kevin Venger, Michael Konig, Development News, Development Sites, Development
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