Miami



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

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.

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Developers Plan A 418-Foot-Tall Residential Tower At 1836 Biscayne Boulevard In Edgewater, Miami

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.

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