Edgewater

1900 Biscayne Site Sold For 18.4M

1900 Biscayne Blvd Site in Edgewater

A one acre site located at 1900 Biscayne Boulevard in Edgewater has been sold for 18.4 million, according to The Real Deal. 

The seller is Atlas Capital Group and was purchased by Enrique Manhard. Enrique Manhard also purchased an entire block in December 2015 between NW 2nd Ave and NE 2nd CT, but later sold it to ASRR Capital for $33 million in June of this year.

The 1900 Biscayne Boulevard Site is approved for a 36 story tower with 429 residential units.

A Look At The Paraiso District Construction Progress

A Look At The Paraiso District Construction Progress

Earlier this week we showed Gran Paraiso, which is close to topping off and One Paraiso, which will be completed by the end of the year. 

In the Paraiso District, Paraiso Bay is nearly complete and is expected to open soon and topped off in July 2016. 

Both cranes have been removed from Paraiso Bayviews since we last looked in March and the tower topped off in May of this year. 

Construction is also underway on Michael Schwartz's new restaurant at the edge of the water in the Paraiso District called Amara at Paraiso. The restaurant will be 4,500 square feet and have seats for 150. Amara at Paraiso is expected to open in November.

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One Paraiso Construction Progress - Photos & Video

One Paraiso Under Construction

One Paraiso Under Construction

Almost a year ago, One Paraiso had just reached the 28th floor of the 53 story condo in Edgewater, Miami and when we last looked in March, the building was about to top off.

One Paraiso is scheduled to be completed by the end of the year, while the last year tower in the Paraiso District, Gran Paraiso, is will soon top off.

Previous construction photos of One Paraiso can be viewed here.

 

Gran Paraiso Close To Topping Out

Golden Dusk Photography - Gran Paraiso - Hurricane Irma3.jpg

The last of the four towers in the Paraiso District, Gran Paraiso, is close to topping out at 55 stories.

When we last looked at the entire Paraiso District in March, Gran Paraiso was just past the half way mark of construction. 

During Hurricane Irma, the South crane jib collapsed during the heavy winds and causes the counterweights on the back to fall to the ground. Residents at two next door buildings were asked to evacuate for safety reasons.

When completed, over 1,300 units will be delivered to buyers in the Paraiso District. 

Previous construction photos of Gran Paraiso can be viewed here.

Aria on the Bay Construction Photos

Aria on the Bay

Aria on the Bay

A year ago, Aria on the Bay was on the 20th floor of the 53 story building in Edgewater, Miami. 

Since topping off in March, all three cranes have been removed from the site and only the hoist remains on the building. 

The exterior of the building has been painted and all of the windows and balconies have been installed. 

The curves of the buildings are more pronounced when viewed up close.

Previous construction photos of Aria on the Bay can be viewed here.

Verzasca Group To Build 36 Story Rental At 2000 Biscayne

2000 Biscayne Rendering

2000 Biscayne Rendering

After demolishing the former City Hall restaurant in January, Verzasca Group is planning to build a 36 story rental tower, according to The Real Deal. 

The 32,775 square foot site located at 2000 Biscayne in Edgewater was purchased for $13 million in March 2016. The rental tower, designed by Dorsky + Yue, will have 393 units with 25 studios, 175 one bedrooms, 181 two bedrooms and 12 three bedrooms. 

2000 Biscayne is located near where ASRR Capital plan to build two towers at 60 and 40 stories.