Edgewater Lot Purchased For $7.95M For Urbanica Hotel

 Future Urbanica Hotel Site

Future Urbanica Hotel Site

A 18,800 square foot lot in Edgewater at 3001 Biscayne Boulevard has been purchased for $7.95 million, according to The Real Deal.

The lot was purchased by Urbanica Management with plans to build an Urbanica Hotel with 220 rooms, 5,000 square feet of retail and a 7,000 square foot rooftop bar. The site is zoned for 36 stories.

Construction is expected to begin early 2019 and be completed in 18 months.

Edgewater Lot Sells For $11.5 Million

Site at 272 NE 34th St

A 37,000 square foot lot in Edgewater located at 272 NE 34th St has sold for $11.5 million, according to The SFBJ.

The lot was sold by Miami Sunrise Properties and purchased by 3350 Biscayne LLC.

The site is zoned for a 36 story building.

Missoni Baia Now Going Vertical In Edgewater

 Missoni Baia Going Vertical

Missoni Baia Going Vertical

After beginning construction in November 2017, Missoni Baia is now going vertical in Edgewater.

The 57 story Missoni Baia will rise 649 feet and have 249 residential units. The building is being developed by OKO Group and Cain International and designed by Asymptote Architecture.

OKO Group also purchased the 2 acre lot next to the site for $54 million in November 2016.

Elysee Miami Reaches 2nd Floor As It Receives $138M Construction Loan

 Elysee Miami Construction 

Elysee Miami Construction 

After going vertical at the end of June and have starting to have the crane installed, the 57 story Elysee Miami has now reached the second floor. 

Developers Two Roads Development and DW Partners have secured a $138 million construction loan on the 648 foot tower in Edgewater.

Previous construction photos of Elysee can be viewed here.

3H Group Hotels Purchases Edgewater Site For $7M

 3047 Biscayne Blvd Site in Red

3047 Biscayne Blvd Site in Red

3H Group Hotels has purchased a 20,240 square foot lot in Edgewater located at 3047 Biscayne Boulevard for $7 million, according to The Real Deal.

The site was approved by Miami's Urban Development Review Board for a 13 story hotel with 137 rooms.

57 Story Elysee Has Foundation Pour - Starting To Go Vertical

 Elysee Site

Elysee Site

After being announced in August 2015 and construction starting November 2017, the 57 story Elysee in Edgewater is now starting to go vertical.

At 648 feet, Elysee had its foundation pour June 15 and is now having a crane installed on the site and is going vertical. 

Construction is expected to be complete 2020.

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.