A group of developers are planning on reviving and redeveloping a nearly 1-acre piece of property near the Arts and Entertainment District in Edgewater, Miami. Skylight Real Estate Partners, Panther Capital Management and Arden Group formed a joint venture and purchased 1836 Biscayne Boulevard and 256 Northeast 19th Street from Fifteen Group for $20 million. Plans for the recently purchased site include the construction of a 40-story residential tower and the restoration of the First Church of Christ Scientist structure built in 1926, which would then be converted into over 15,000 square feet of retail. To the developer’s convenience, the property came with approved plans from 2019, allowing them to cut down on time typically spent in the planning stages.
The tower in the renderings rises 418-feet and is designed by Jonathan Cardello of Cube3 Architects. The original plans for the development include 364 residential units, which would most likely be rentals, comprised of studio, one, two, and three-bedroom floor plans. Residents would have access to over 16,000 square feet of amenities between the 11th floor and the rooftop. The podium levels would include space for up to 389 vehicles.
The new structure will have frontage on both Biscayne Boulevard and Northeast 2nd Court, bound by the church structure to the north along Northeast 19th Street and a mixed-use building at 295 Northeast 18th Street to the north. A portion of the northern side of the building will cantilever over the church roof and feature vertical bands of dark gray smooth stucco along that elevation, as well as floor-to-ceiling windows.
Construction is expected to commence in Q4 of 2022, and will last approximately 24 to 27 months to complete. There are no permits filed with the Department of Buildings just yet, nor has the sale been publicly recorded. Demolition permits will be needed for at least southern portion of the development.