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Edgewater
2927 NE 4th Ave
A 50,750 square foot site located at 2927 NE 4th Ave in Edgewater has sold for $13.65 million, according to The Real Deal.
The lots were purchased by DLC Capital Management and sold by AR Edgewater Investments.
The site can be zoned for 36 stories.
TBT (May 27, 2015) - Biscayne Beach was under construction in Edgewater. Biscayne Beach topped off in May 2016 and was eventually completed April 2017.
Biscayne Beach in Edgewater is starting to take form after starting construction over a year ago.
According to The Next Miami, over 95% of the units have been sold in condo.
The condo is located on the edge of Biscayne Bay across from the under construction Paraiso Bay from Related Group.
Elysee Construction
The 57 story Elysee in Edgewater has reached the 34th floor of construction as it gets closer to top off. Construction has reached the point in the building where it now extends further out and will extend further out once it reaches the 45th floor.
Elysee started going vertical June 2018 and should top off before the end of the year.
The parking garage also continues to get taller since it started going vertical in March.
Previous construction photos of Elysee can be viewed here.
Missoni Baia Construction
Foundation work is beginning on the tower portion of the 57 story Missoni Baia in Edgewater as work on the parking garage continues.
The parking garage started going vertical in September 2018 as initial work started November 2017.
Missoni Baia will eventually rise 649 feet and have 249 residential units.
The building is being developed by OKO Group, which they are also developing the under construction 830 Brickell Plaza site that will be 834 feet.
530 NE 29th St Site in Edgewater
A 6,300 square foot Edgewater site located at 530 NE 29th Street has been listed for sale for $4.9 million, according to The Real Deal.
Currently on the site is a 10 unit apartment building that can be zoned for 8 stories, but can go as high as 45 stories if joined with the 15 unit condo next to it on the water.
2000 Biscayne Rendering
Kushner Companies is under contract to purchase the 2000 Biscayne site and plan to build an 1100 unit apartment building, according to The Real Deal.
The 32,775 square foot site was recently sold for $13.1 million to Enrique Manhard in October 2018 after purchasing it from Verzasca Group. When Verzasca Group own the land, they demolished the City Hall restaurant on the site and had plans to build a 36 story rental building with 393 units.
Kushner plans on financing the $550 million three phase project. The first phase, with 400 units will break ground third quarter this year.
Elysee Construction
Elysee continues to rise quickly in Edgewater as the 57 story tower reaches the 28th floor of construction.
When we last looked at the building in December 2018, construction was on the 19th floor and the first glass was being installed. Elysee started going vertical in June 2018 after the foundation pour.
The parking garage is now starting to go vertical on the West side of the building.
Elysee is expected to be completed 2020.
Previous construction photos of Elysee can be viewed here.
