3550 Biscayne with Blue in the background
Avison Young’s Florida Capital Markets Group has been exclusively selected to sell five South Florida development sites totaling ±13.5 acres, representing potential for nearly 1,000 new multifamily units. The listings can be packaged together as a portfolio for $80 million combined and underscore increased investor confidence as Florida sees an uptick in new out-of-state buyers.
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Internet beauty and fashion mogul Loren Ridinger, co-founder and senior executive vice president of Market America and founder of the cosmetics brand Motives, has purchased a new condo at Elysee. The three-tiered, 57-story luxury building in Miami’s Edgewater district was designed by Arquitectonica’s Bernardo Fort-Brescia and boasts elegant interior spaces from Parisian designer Jean-Louis Deniot.
Read MoreThe second part of Missoni Baia’s foundation was recently completed by joint venture partners Civic Construction and Ant Yapi. Over the course of 17 hours, starting at 3 a.m., 3,900 cubic yards of concrete and 810 tons of rebar (the weight of approximately 65 school buses) was poured. This completed the mat foundation for the project.
Dave Grutman, the founder of LIV Nightclub at Fontainebleau Miami Beach and Groot Hospitality, the brand behind the swanky Komodo, Papi Steak and Swan restaurants, has filed plans to bring a new restaurant to Edgewater at the historic Miami Woman’s Club.
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Two Roads Development and John Moriarty & Associates has officially announced the top off of Elysee, their luxurious new waterfront condo in Edgewater that now rises 57-stories, 649’. Elysee is now the tallest tower in Edgewater and roughly the 10th tallest tower in Miami.
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Two Roads Development, the developers of Miami’s Elysee condominium, have revealed brand new renderings of Edgewater's newest luxury tower. The newly unveiled renderings give a preview of Elysee’s most-coveted amenity spaces including the tower’s spa and media room, along with one of the tower’s resident guest suites and a new exterior balcony shot.
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Mandala Holdings has submitted new plans to Miami’s Urban Development Review Board for a 31-story Courtyard By Marriott hotel tower in Downtown Miami’s Omni district at 511 NE 15th Street. The proposal will be reviewed at a meeting by the UDRB on November 20.
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Metro Edgewater, LLC., led by Colombian developer Carlos Ortiz, as submitted plans to Miami’s Urban Development Review Board for Paraiso Place, a 279-unit apartment building coming to the recently opened Paraiso district in Edgewater. A hearing has been scheduled for November 20, 2019.
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Melo Group has revealed their newly proposed, Arquitectonica-designed Island Bay project in Edgewater where the developers have recently filed plans with the city. The project features 782 residential units spread between two 60-story, 648’, twin towers on Biscayne Bay.
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Kushner Companies has applied for a construction permit as they gear up to move ahead with the development of their 2000 Biscayne site in Edgewater, the first site they plan to develop as part of their $550 million, 3-phase project.
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