Urban Network Capital Group (UNCG) and Vertical Development have filed plans for a condo-hotel development to be reviewed by the city’s Urban Development Review Board on January 17. The project, strategically located between Miami Design District and Edgewater, involves a 19,292-square-foot site at 445 and 455 Northeast 36th Street and extends to 3618 and 3630 Northeast. Fifth Ave. Currently occupied by four small apartment buildings, the site is conveniently positioned south of Interstate 195 along the exit ramp.
A permit application for vertical construction has been filed for EDITION Residences, a 56-story bayfront luxury condominium building poised to rise at 2121 North Bayshore Drive in Edgewater, Miami. Designed by Arquitectonica and featuring acclaimed interiors by Studio Munge, the striking 649-foot-tall sleek glass tower will house bespoke condominium units and will boast over 800 linear feet of bay frontage, embodying the distinctive quality of design, services, and amenities synonymous with the EDITION brand. TRD BISCAYNE LLC, an affiliate of Two Roads Development, is named the applicant, with Coastal Construction as the general contractor.
Miami’s Urban Development Review Board has issued approval for 2900 Terrace, a new 38-story mixed-use development slated for 401 Northeast 29th Terrace in the Edgewater neighborhood. This 380-foot-tall project is a collaboration between LNDMRK Development and Oak Row Equities, with design by the renowned architectural firm Arquitectonica. The development is anticipated to encompass 629,829 square feet, including 324 residential units, 22,354 square feet designated for office use, 13,108 square feet for commercial use, and 515 parking spaces. Construction is expected to be completed in 2026.
Renderings have been unveiled for 419 Northeast 19th Street, a 55-story multifamily residential project slated for a 14,190-square-foot triangular plot in Miami’s Edgewater neighborhood, near Margaret Pace Park and Biscayne Bay, precisely where North Bayshore Boulevard and Northeast 4th Avenue converge. The project is designed by the acclaimed New York-based architectural firm, Fogarty Finger, and is being developed by 419 NE 19th Street Owner LLC, a New York-based entity affiliated with SB Development led by Joseph Stern. The proposed tower is set to soar impressively to a height of 641 feet, making it a prominent addition to Miami’s skyline. Within its 652,362 gross square feet of space, the tower will accommodate 463 residential units, a wealth of amenities spread across three levels, and an indoor parking facility capable of housing up to 172 vehicles. The plans for this project have been officially submitted and are scheduled for review by Miami’s Urban Development Review Board on October 18.
Urban Network Capital Group (UNCG), in collaboration with Vertical Developments, has acquired a land parcel in the Edgewater neighborhood of Miami’s urban core at 3618 Northeast 5th Avenue. The transaction closed for $13.5 million, with the previous owner being Hotelex Midtown LLC, an affiliate of Hotelex Group. The 4,725-square-foot parcel is zoned T6-24a-O, permitting a structure of up to 24 stories. The partnership between UNCG and Vertical Developments plans to develop a condo-hotel tower on the property; details have not yet been disclosed. Alfonso Jaramillo from Fortune International Realty represented the buyers in the deal.