MRR Development Purchases Edgewater Site For $30M

MRR Development Site in Red

MRR Development has purchased a 1.42 acre Edgewater site located between NE 2nd Ave and NE 2nd Ct, according to The Real Deal.

The site allows for up to 1.9 million square feet for a building. Currently on the site is a Price Choice Supermarket and a Learning Nest Preschool.

The assemblage is located one block North of where Sapir Corporation purchased nearly a block of land for $33 million with plans to build a 60 story tower and a 40 story tower.