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.
Read MoreParaiso District Overview
Rising quickly and changing the Edgewater skyline is Related Group's Paraiso District, the 11-acre, four-tower, master-planned community that has attracted celebrities, investors and future residents alike. Paraiso Bay was the first tower to top off at 53 floors in November just as Related Group also broke ground on the lush Paraiso Beach Club, which will be the home of Michael Schwartz’s new restaurant. The Related Group also announced plans to dedicate a half-acre of land onsite along Biscayne Bay’s for a public park.
The 4-towers include One Paraiso, Paraiso Bay, Gran Paraiso and Paraiso Bayviews. The buildings were designed by Arquitectonica with interiors by Piero Lissoni and landscaping by Enzo Enea. All of the buildings and the overall Paraiso community include some of the most luxurious amenities include tennis courts, screening rooms, residents' lounges, fitness center(s), bowling alley, spa, yoga room and multiple pools including a 100 ft diameter lagoon pool with "beach" entry. The property will be decorated with works of art and sculptures by Pablo Atchugarry. Closings were originally anticipated to start in mid-2017.
Check out the November top-off of Paraiso Bay and tour the Piero Lissoni renderings of David Guetta's future penthouse.
Gran Paraiso
One Paraiso
Paraiso Bay
Paraiso Bay Homes
Michael Schwartz Beach Club
PROFILE Exclusive: Related Group's Paraiso Bay Tops Off at 53 Floors, Paraiso District in Dash to Completion
Related Group's 11-acre, 3-tower, Edgewater project, known as the Paraiso District, is slowing getting closer towards completion. There has been much excitement around the project as Paraiso Bay has topped off at 53 floors and the Paraiso Beach Club, which will be the future home of Michael Schwartz's new restaurant, has broken ground. The Related Group also announced plans to dedicated a half-acre of bayfront land to create a public park. Construction continues at Gran Paraiso and Paraiso Bayview. The Paraiso District will ultimately result in 3 towers and close to 1,000 residential condominium units.
Paraiso Bay will be a luxury residential development which features 345 private residences developed by The Related Group and designed by Arquitectonica. Residences will have private elevator lines and amazing views of Biscayne Bay as well as the Miami Beach Skyline. Units will range from approximately 1,000 SF to 2,500 SF and one, two, three and four bedroom layouts. The amenities will also feature a marina for watersports and boat docking, Wine Cellar and Tasting Salon, cigar lounge with private humidors, Paraiso Beach Club, resort style amenities including pool with poolside cabanas, summer kitchens, poolside cafe, tennis courts, spa, fitness center. Renderings from the project's initial sales launch are below.
During sales of the project in early 2014, it became known that David Guetta had put a penthouse in Paraiso Bay under contract. He was looking for something a little different from Miami Beach and the Related Group's Edgewater project was coming to market at the right time in the right place. Alex Rodriguez, tennis star Arantxa Sanchez Vicario and San Antonio Spurs guard Manu Ginobili also were confirmed to have purchased in Paraiso District. David Guetta's penthouse was designed by Piero Lissoni and will be a 2,472 SF, 3-bedroom, 3.5 bathroom, two-floor condo with private elevator access and floor-to-ceiling glass windows. It also features 2,130 SF of outdoor space complete with a private pool, tanning deck and summer kitchen. Renderings of David Guetta's penthouse below.