EDGEWATER | 2016
OVER $1.5 BILLION IN NEW DEVELOPMENT
Edgewater is quickly becoming one of the hippest, most chic places to live, driven by its proximity to the Design District, Midtown, the Adrienne Arsht Center for Performing Arts, American Airlines Arena and its other key element, bay-front! It’s a place people are wanting to be. Edgewater is located from Northeast 17th Street to the Julia Tuttle Causeway at 36th Street and East of Biscayne Boulevard.
Similar to South of Fifth in the early 90’s, Edgewater used to be far from luxurious. The homeless filled the streets, prostitution was common, and drug dealings were the norm. Today, however, Edgewater is booming and growing more rapidly than any of its surrounding areas.
Many developers, such as Jorge Perez (The King) recognized that these were the last waterfront parcels of land and started to acquire them one by one, transforming the area in rapid speed. I mention Jorge Perez mainly because I love that he doesn’t just build luxurious buildings, he creates luxurious communities. He understands that people want a connection to where they reside, community and great quality of life.
Take for example his latest real estate development the Paraiso Bay community. Twenty-seven acres of gated property, lush landscaping, four residential towers offering different price points to accommodate the various budgets of potential buyers, commercial spaces for restaurants and retail, pools like the one seen below, tennis courts and a waterfront Beach Club.
Mr. Perez has expressed an interest to personally finance the cost of creating a bay front walkway connecting all of Edgewater’s waterfront properties bringing pedestrians right to the water’s edge on a broad, beautifully landscaped pathway and floating docks. Perhaps, most importantly, it will create tangible connections between communities. See below for rendering. Learn More About The Biscayne Line
Get ready for the newest addition to Edgewater, Elysee, a new standard for refined luxury made up of only 100 residences – no more than two per floor. World-renowned architect Bernardo Fort-Brescia of Arquitectonica has designed Elysee to be instantly recognizable yet discreet. With help from France’s top interior designer Jean-Louis Denoit, as he introduces his rich signature style – a timeless, elegant, and fresh concept rarely seen in America.
Elysee is offering magnificent 3 to 5 bedrooms units, between 2,770 and 3,995 sq.ft. Prices will be starting from $1.6M. See below for building rendering.
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