Related Group has announced that the Paraiso District, an 11-acre, four-tower luxury development taking shape on Biscayne Bay in Edgewater, is now 97% sold-out. A number of A-list celebrities have already purchased units in the development, including David Guetta, Alex ‘A-Rod’ Rodriguez, Gael Monfils, and more. Paraiso District consists of the 384-unit Paraiso Bayviews, the 357-unit Paraiso Bay, the 317-unit Gran Paraiso, the 276-unit One Paraiso, and seven standalone townhomes at Paraiso Bay Homes. The project is is expected to be delivered during the course of this year (2018), with closings on the 53-story, sold-out Paraiso Bay beginning this month.
“The Paraiso District is by far one of the most ambitious projects in our portfolio,” says Carlos Rosso, President of The Related Group’s Condominium Division. “The project brings together the best of all Miami has to offer: prime waterfront access, unrivaled culinary offerings, world-class art, a bayfront park, unparalleled health and fitness amenities and striking, expansive residences with spectacular water views. This incredible combination provides buyers with the opportunity to experience the best in resort-style living, while also embracing a walkable, community feel. It’s truly unlike anything else in Miami.”
The final tower in the District, Gran Paraiso, topped off earlier this year; with a select number of prime units still available, starting at just under $1 million to $1.7 million for the tower residences and penthouses from $2 to $3 million. The expansive tower residences feature 10’ ceilings, wraparound terraces and are delivered completely finished with a selection of flooring finishes. Indoor-outdoor spaces throughout the Paraiso District celebrate the tropical, bayside environment, with floor to ceiling windows and open concept floor plans. Resort style amenities include Miami’s largest circular pool, at close to 100 feet in diameter, a pool deck designed by Enzo Enea, a bowling alley, tennis center, wine and yoga rooms, and spa. The Paraiso District encompasses nearly 4,000,000 gross square feet of premium waterfront with a public park and multiple pocket parks, boat slips, seven pools, five tennis courts, open-air art installations, and direct access to the Biscayne Line.
Earlier this year, Amara at Paraiso opened on the ground floor of the Paraiso District's private beach club, with delectable dinners and weekend brunches. Amara at Paraiso is the newest restaurant from James Beard Award-winning chef and restauranteur Michael Schwartz. The bayfront restaurant is designed by Meyer-Davis and notable for its unobstructed views of Biscayne Bay, the beach club features a plunge pool, private boat slips and jet skis, canoes, kayaks and paddle boards for residents.
