Adam Metzger, Erik Rutter, David Weitz, Greg Newman and Kendall Martin
Oak Row Equities, a vertically-integrated private equity and real estate development company with over $1.6 billion of development in South Florida, have broken ground on 2600 Biscayne Boulevard, a transformative Class AAA multifamily and office tower in the rapidly-maturing Edgewater neighborhood of Miami.
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Melo Group has topped out Aria Reserve’s Arquitectonica-designed South Tower at 62 stories. The widely anticipated dual tower project in Edgewater, Miami, is the latest entry by the Melo Group into the high-end luxury market. Both towers are now officially expected to be fully completed in a record-breaking three-year timeframe since groundbreaking.
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Grupo T&C, a leading developer based in Peru, has launched sales at Edge House Miami, a luxury home-sharing condominium in Miami’s buzzy Edgewater neighborhood. Located at 1825 NE 4th Avenue, the 55-story tower envisioned by world-renowned architect Kobi Karp, will deliver short-term rental approved turnkey residences.
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Terra and One Thousand Group, developers of Villa, the first luxury condominium tower branded by the hospitality powerhouse, Major Food Group (MFG), confirmed the sale of a residence valued at $4.6 million to Duncan Robinson, a forward for the NBA’s Miami Heat. The announcement comes on the heels of the property’s September sales launch.
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FIRST ON PROFILE: Oak Row Equities, a dynamic vertically-integrated real estate private equity and development company with over $1.6 billion of development in South Florida, and LNDMRK Development, a principal based real estate company concentrated on mixed use urban development and opportunistic value based acquisitions, revealed final design plans for 2900 Terrace in Edgewater, Miami following approval from the UDRB.
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Image via Ngoc Minh Ngo
Casadonna, a first-of-its-kind partnership between Groot Hospitality and Tao Group Hospitality, is set to open its doors in Miami’s Edgewater neighborhood alongside Biscayne Bay on October 26. The ultra-luxurious Ken Fulk-designed waterfront destination spans 20,000 square feet across indoor, outdoor and bar seating.
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Paramount Bay has long been one of the most sought after buildings in Edgewater due to its prime bayfront location, large luxe floor plans and world class amenities. Asking $1.4 million, residence 801 is a 2 bed 2.5 bath residence featuring stunning direct East water views. 801 also features private elevator entry, a flow-through floor plan with 1,588 SF of living space.
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An entity tied to One Thousand Group, whose principals include Louis Birdman, Michael Konig and Kevin Venger have just submitted to the City of Miami for UDRB review a 47 Story – 635’ tall class-A ultra-lux office tower designed by the firm of KPF Kohn Pederson Fox (KPF) one of the largest architecture firm in New York City where it is headquartered.
Read MoreDisruptive Real Estate, led by Miami power broker Stefano Santoro, has brought a world-class development site in the heart of Miami’s prime bayside in Edgewater, primed for an ultra-luxury hotel or condo project. The property, located at 702 NE 26th St. is currently asking $6.6 million. Totaling 10,000 SF, the site’s favorable zoning, T6-36a-L allows for a variety of development uses with high density and building height.
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The Miami-based Related Group, along with partner Alex Karakhanian at LNDMRK, have acquired 18,000 sq. ft. land parcel encompassing three adjoining sites in Miami’s Edgewater neighborhood. Located at 519, 525, and 535 NE 29th Street, the land overlooks Biscayne Bay and provides easy access to MacArthur Bridge, connecting Edgewater to Miami Beach, and to I-195, leading north to Fort Lauderdale and Palm Beach. Related and LNDMRK paid $12 million for the largely undeveloped site.
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