A photograph illustration showcasing a rendering of the Edition Residences Edgewater (remaining), the Belmar Condominium at 419 Northeast 19th Avenue (center), and a rendering of Aria Reserve (correct) (Getty Photographs, Google Maps, Melo Team, Two Streets Progress)
“South Florida by the numbers” is a internet characteristic that catalogs the most notable, quirky and stunning serious estate studies.
It wasn’t so extensive ago that Miami’s Edgewater community was a faceless, unappreciated area of the town, recognised for disjointed streets and deteriorating houses and apartment properties. But as neighboring parts these kinds of as Wynwood, the Design and style District, and the Arts District savored significant redevelopment and rebranding achievement, the community bordered by Biscayne Bay, the Florida East Coastline Railway, 17th Avenue and 37th Avenue abruptly caught on as fertile floor for higher density development. We check out the new identity and modern developers breaking floor in Edgewater in this edition of South Florida by the numbers.
62
Number of stories in every single of the two towers at Melo Group’s prepared Aria Reserve, earning it the tallest dual-tower waterfront household job in the United States on completion. As section of the challenge, the hugely productive community baywalk that runs together the japanese border of Edgewater will be prolonged. [TheNextMiami]
Two (Streets)
Name of neighborhood developer partnering with the Version model for the initially of a 3-tower luxurious condominium undertaking. This tower will have 185 units and 55 tales, with units setting up at $1.7 million. Although this Version Residences challenge will not have a resort ingredient, it will have 6 guest suites that homeowners can reserve. [TheRealDeal]
$12 million
Whole rate compensated by SB Development and Hazelton Money Group for all 13 units at the Belmar Condominium at 419 Northeast 19th Street, an common of $923,076 for each device. This opportunity progress internet site would be the pairing’s second in Edgewater in as numerous yrs, getting also purchased a five-bed room household at 480 Northeast 29th Street and two adjacent vacant plenty for $12.2 million. [TheRealDeal]
1.4
Acres of land in an assemblage not too long ago acquired at 1851 Northeast 2nd Avenue by developer Rotem Rosen for $30 million. The property now includes a grocery store, a preschool, and a vacant large amount. The former owners paid out $5.6 million for the parcels concerning 2011 and 2014. [SFBJ]
109,643
Sq. feet of business area (in addition to 6,122 square toes of commercial room and 399 units) that will be available in a new mixed-use residential tower not too long ago approved unanimously by the Miami Urban Development Evaluation Board. Developer 2600 Biscayne House LLC is proposing the 40-story tower at 2626 Biscayne Boulevard, in the heart of Edgewater. [MiamiToday]
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