Condo

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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Electra On The Bay Demolition Tomorrow Morning

Electra on the Bay in Edgewater

On October 24 at 7:30am demolition will begin to demolish the 12 story Electra on the Bay in Edgewater.

Demolition on the other homes and buildings on the block began in September and Electra on the Bay is the last building to be destroyed before construction on a new tower can start.

The land is owned by 700 Edgewater Development who is connected to Russian Oleg Baybakov. They have plans to build a 649 foot tower on the lot. 

SLS Brickell On Its Way To Topping Out

SLS Brickell in September

SLS Brickell in September

SLS Brickell is close to topping out on the 599 foot tower. Last night Related Group had the top brokers on the project on the 50th floor of the building.

Just 14 months ago, the building started going vertical. Construction on the Arquitectonica designed building is expected to be completed in 2016. 

Canvas Miami To Break Ground In December

Canvas Miami Lot in Arts & Entertainment District

Canvas Miami is expected to break ground in December, according to Curbed Miami, which also has new renderings of the project.

The 37 story condo located at 1630 NE 1st Avenue, will have 513 residential units and 14,000 square feet of commercial space. 

Completion is expected by 2017.

Faena District Construction Moving Quickly

Faena District in Miami Beach

In Miami Beach, The Faena District is progressing quickly. Units at Faena House have begun closing including a the penthouse unit, which was sold for a record $60 million to a billionaire Hedge Fund CEO.

Faena Forum is also moving along quickly since we last looked in July and construction has started on Faena Bazaar and Faena Park. 

Faena has released images that preview the hotel rooms. The images can be seen at Facebook on Gridics: Real Estate News, Data & Analytics.

A Look At FENDI Chateau Residences

A Look At FENDI Chateau Residences

Another luxury condo under construction in Surfside is FENDI Chateau Residences, which is already topped out at 12 stories and will have 58 residential units. Resident units range from 3,325 to 7,000 square feet with 10 foot ceilings. There are also 3 penthouse units with private swimming pools and sundecks.

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