The Richman Group has officially filed plans with the FAA to install cranes on their 2701 Biscayne Boulevard site, the future site their Edgewater residential development, Biscayne 27. Biscayne 27 will feature 330 residential-apartment units, 71 of which will be studio's, over 297,624 SF. The development will rise 8 stories and will also feature a 380-space parking garage. Construction is expected to begin on March 15 although the City of Miami has not yet issued a construction permit and utilities will need to be cleared from the 2.2-acre lot. The Richman Group is the United State's 7th largest apartment owner. First Florida is the contractor on record and Corwil Architects as the architect of the project.