The Federal Aviation Administration (FAA) has granted approval for 2900 Terrace, a 38-story mixed-use development planned at 401 Northeast 29th Street in the Edgewater neighborhood of Miami. These permits, approved on January 2 and set to expire on July 2, 2025, mark a significant step forward for the project. Designed by Arquitectonica and developed by LNDMRK Development and Oak Row Equities, the building can reach 390 feet above ground level or 399 feet above mean sea level. An aeronautical study by the FAA confirmed that the structure adheres to obstruction standards and will not pose a hazard to air navigation.
Encompassing 629,829 square feet, 2900 Terrace is expected to feature 324 residential units, 22,354 square feet designated for office use, 13,108 square feet for commercial purposes, and 515 parking spaces. The project’s completion is anticipated in 2026, contributing to Miami’s vibrant urban development.
Strategically located on 1.5 acres in Edgewater, the building is within easy reach of various dining, retail, and cultural destinations. Its proximity to The Shops at Midtown Miami, the Midtown shopping mall, the Miami Design District, Margaret Pace Park, and downtown Miami enhances its appeal to potential residents.
Residential offerings will include a variety of one-, two-, and three-bedroom units. The development plans to provide extensive amenities over two floors, including a fitness center, a pet spa, a sauna, a golf simulator, coworking spaces with podcast studios, and outdoor leisure facilities like a swimming pool and cabanas.
The architectural design will feature a mix of materials, including bronze and grey perforated corrugated metal mesh, glass railings, reflective glazing with a grey tint, charcoal-colored window frames, medium grey stucco, and board-formed concrete. This blend of materials aims to create a sophisticated and functional façade.
In addition to 2900 Terrace, Oak Row Equities and LNDMRK have secured a permit for a 40-story apartment and office tower at 2600 Biscayne and are co-developing Wynwood Plaza, a large complex expected to be completed in 2025.