Two lots in Brickell located on the Miami River at 39 and 55 SW Miami Ave were sold last year for $18.3 million and purchased by the entity Brickellview 3114 LLC.

The previous owner, Rafael Aragones, planned on building a 55 story residential condo with 127 units called Edge on Brickell and even built a sales center on the site. However, those plans were abandoned with the sales of the two lots.

Brickellview 3114 LLC revealed plans for a new building, now called The Edge on Brickell, according to SFBJ. The 53 story tower will have 70 residential units with 200 hotel rooms and 182 parking spaces. A restaurant will be located on the ground floor and a pedestrian walkway along the Miami River.

The building will be designed by architect Kobi Karp.