Missoni Baia

Foundation Work Begins On Tower Portion At Missoni Baia In Edgewater

Missoni Baia Construction

Missoni Baia Construction

Foundation work is beginning on the tower portion of the 57 story Missoni Baia in Edgewater as work on the parking garage continues.

The parking garage started going vertical in September 2018 as initial work started November 2017.

Missoni Baia will eventually rise 649 feet and have 249 residential units.

The building is being developed by OKO Group, which they are also developing the under construction 830 Brickell Plaza site that will be 834 feet.

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.

Construction Underway At Missoni Baia

Missoni Baia Site

Missoni Baia Site

Construction is underway at the 57 story Missoni Baia in Edgewater after beginning demolition on the site in September 2015.

Rising 649 feet, groundbreaking on the 249 unit tower began October 13th of this year and is expected to receive $100 million in financing. 

OKO Group also purchased a 2 acre site next to Missoni Baia in November 2016 for $54 million.

Missoni Baia is being developed by OKO Group and Cain International. The building was designed by Asymptote Architecture.

OKO Group's Renderings Of Missoni Baia

Missoni Baia Rendering

Renderings of OKO Group's Missoni Baia at 777 NE 26th Terrace in Edgewater have been obtained by broker Michael Light

The 56 story luxury condominium is designed by Asymptote Architecture along with Luis Revuelta of Revuelta Architecture.

The building will only have 146 units and price will range from $1.675 to $3.9 million. 

700 Edgewater Sales Center To Open Next Week

700 Edgewater Site

A sales center has been built at the 700 Edgewater site located at 700 NE 26th and is expected to open next week. 

Developer OKO Group has spent $39 million assembling land in the area and began demolishing houses on the site in September 2015.  The 12 story Electra on the Bay was demolished with an implosion in October 2015. 

According to The Next Miami, a 649 foot tower was approved by the FAA and plans should be revealed soon.

Update: The condo will be branded by fashion house Missoni and will have 146 units from two to four bedrooms, according to The Real Deal.

Electra On The Bay Implosion Photos

Electra On The Bay Implosion Photos

On Saturday morning at exactly 9:00am, Electra on the Bay in Edgewater came down very quickly in an implosion. The implosion created a loud noise and the building was completely down in about 3 seconds. Dust and smoke filled the sky. All that remained was the pool deck, which can be taken down with bulldozers. 

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700 Edgewater Development Begins Demolition In Edgewater

700 Edgewater Development Begins Demolition In Edgewater

Demolition is happening in emerging Edgewater district of Miami on the block of NE 26th Street and NE 5th Avenue next to the water. The land is owned by Russian developer Oleg Baybakov who purchased a 58 unit apartment unit for $21.5 million last year. The 12 story apartment is located at 700 NE 26th Street and is in the process of being torn down as seen in the photo below. Baybakov has spent almost $39 million assembling property in this area.

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