Edgewater

Aimco’s Planned 60-Story Tower In Edgewater Gets New Rendering

Denver-based real estate developer Aimco has released another rendering of a 60-story tower being planned for 640 Northeast 34th Street in Edgewater, Miami. The developer released the rendering on their website in conjunction with their 2021 fourth quarter earnings announcement. In November 2021, YIMBY had reported Aimco completed the purchase of a development assemblage in Edgewater beside their Hamilton On The Bay apartment tower that would permit for up to 1.1 million square feet of new construction. The 70,000-square foot site would ultimately give rise to two towers, based on the previously released renderings, with the Biscayne Bay-facing structure depicted in the new rendering rising as high as 646-feet, or 649-feet above sea level according to an FAA filing. 

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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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Construction Advances On Aria Reserve Sales Center; Permits Initiated For 649-Foot-Tall South Tower In Edgewater, Miami

YIMBY checked in on the progress of the sales center under construction at the development site for Melo Group’s upcoming Aria Reserve, a luxury residential project comprised of twin 62-story towers at 700 Northeast 24th Street in Edgewater, Miami. Designed by Miami-based Arquitectonica, both structures will rise 649-feet along Biscayne Bay and yield a combined 782 condominiums featuring interiors by MORADA Haute Furniture Boutique and landscaping by ArquitectonicaGEO. The sales center is being constructed at 725 Northeast 24th Street by the developer’s in-house contractor, Melo Contractors Corp, and should span 3,116 square feet upon completion. 

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AIMCO Plans For Two Luxury High Rises Along Biscayne Bay In Edgewater

Denver-based real estate developer AIMCO is planning to redevelop an assemblage of properties in Edgewater near Biscayne Bay. In their recent Fall 2021 Investor Presentation, the company 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. The assemblage is comprised of 10 plots of land approximately totaling 70,000 square feet, which may give way to two luxury residential towers well over 50 stories, and potentially addressed as 640 Northeast 34th Street.

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