Applications Filed With The FAA For A 649-Foot-Tall Building In Edgewater, Miami

Earlier rendering of two towers proposed by AIMCO.

Applications have been filed with the Federal Aviation Administration (FAA) for the construction of a 649-foot-tall building at 640 Northeast 34th Street in the Beverly Point sub-division of Edgewater, Miami. Located at the very end of the street, the interior lot fronts Biscayne Bay and bound by Hamilton On The Bay to the North and Bay Park Towers Condominiums to the South. The two coordinates listed in the applications correspond to a development site currently owned by Denver-based real estate developer Aimco, who also owns Hamilton On The Bay. In their Fall 2021 Investor Presentation, the developer told investors that they completed the purchase of additional properties beside their Hamilton on the Bay apartment tower, which combined will allow for 1.1 million square feet of new construction.

Application for the 649-foot-tall structure. Photo from the FAA.

Property Information. Photo from Miami-Dade Property Appraiser.

During the Fall 2021 Investor Presentation, Aimco released a handful renderings of proposed towers for the development site , depicted as two high rise structures designed in a similar fashion to neighboring residential developments. The architect remains unknown for the time being, but both towers appear to rise out of a 9 or 10-story podium, clad in smooth stucco and floor-to-ceiling glass windows. With the recent FAA filing, we now know that at least one of the structures could rise to the maximum height permitted in the area, which is 649-feet above sea level. To put it into perspective, several other recent developments in Edgewater along Biscayne such as Elysee Miami and Missoni Baia have risen to the maximum permitted height, and span around 57 stories. The proposed structure would physically rise 643-feet elevated 6-feet from sea level, for a total of 649-feet.

Conceptual rendering of 640 Northeast 34th Street. Image courtesy of AIMCO.

Image courtesy of AIMCO.

Aimco’s development assemblage encompasses the entire city block, including the addresses 510, 522, 526, 532, 560, 600, 610, 620 630 and 640 Northeast 34th Street, and bound by Northeast 5th Street on the west. They also plan to convert the end of Northeast 34th Street into a public park, further extending Edgewater’s bay walk northwards.

640 Northeast 34th Street is currently vacant, so there will be no need to file demolition permits for this lot. However, a majority of the other parcels will need demolition permits, which have not been initiated as of yet.

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