Edgewater’s Development Boom Shows No Signs of Slowing

Edgewater’s Development Boom Shows No Signs of Slowing

Sep 30, 2019 September 30, 2019

One of Miami’s hottest new locations is Edgewater, located east of Biscayne Boulevard and overlooking Biscayne Bay. Several factors already make Edgewater an excellent location thanks to its proximity to both the 195 and 395 entrance ramps leading to highway I-95, which can take you north or south. Highways 836 and 112 can get you to Miami International Airport within minutes, and there are 3 ramps leading to the sandy beaches, chic shopping, and dining excellence of Miami Beach.

Adjacent to the Arts and Entertainment District, Wynwood, the Design District, and Downtown Miami, Edgewater also provides easy access to practically every desirable destination neighborhood in Miami. With access to Margaret Pace Park as well as the Perez Art Museum, the Frost Science Museum, and the American Airlines Arena, Edgewater delivers a quality lifestyle where nature mixes seamlessly with art and culture.

And the future of this enclave with quiet residential undertones mingled with convenient urban access looks even more promising, as new developments and strategic city planning ensure that Edgewater will top the walkability charts in Miami in only a few short years.

Apartments, Hotels and Condos Planned and Under Construction in and Near Edgewater

The area is currently experiencing a major development boom, with significant apartment buildings, hotels, and condominium projects springing up everywhere.

  1. Two Roads Development is building a 57-story, 100-unit condo project known as Elysee, located at 788 Northeast 23rd Street.

    Elysee - Edgewater, Miami FL


  2. OKO Group is currently constructing a 57-story condo tower called Missoni Baia at 777 Northeast 26th Terrace.

    Missoni Baia - Edgewater, Miami FL


  3. In 2018, Related Group completed its fourth condo project at Gran Paraiso Residences, a tower with 317 units, located at 480 Northeast 31st Street.

    Gran Paraiso Residences, Edgewater - Miami FL


  4. TSG Group recently spent $5.9 million on a 30,000-square-foot property, located at 1765 North Miami Avenue, a strategic Opportunity Zone development site in the Arts and Entertainment district, with the goal of building a multifamily project at that location.

    1765 North Miami Avenue - TSG Group, Edgewater - Miami FL

  5. Another exciting development happening in Edgewater is a block-long Opportunity Zone development site at 1700 Biscayne Boulevard, just landed on the market and stands to fetch over $100 million in investments, according to the property’s listing broker. Currently inhabited by a Burger King as well as a commercial building belonging to a company called Biscayne Arts, the property garnered over $7.5 million in development investments during the period between 1999 and 2009 as part of the earliest transformation of this area, known back then as Biscayne Corridor. This strategically located 3-acre site is about to undergo a major overhaul as it prepares for a new redevelopment project that will transform it into a major multipurpose space. Thanks to its T6-36B-O zoning designation, the site is eligible for the development of a mixed-use high-rise that can stand as high as 60 stories tall, housing as many as 500 residential units or 1,000 hotel keys per acre. A portion of the property will also serve as commercial office and retail space.

    1700 Biscayne Boulevard, Edgewater - Miami FL


Opportunity Zones is a federal program that provides tax benefits for investors and developers who invest in distressed areas across the United States. In April of 2019, regulations posted by the U.S Treasury as well as the IRS with regards to
Opportunity Zones now grant investors and developers the assurance they need in order to start investing and breaking ground at Opportunity Zone sites, making Edgewater a prime area for new developments.

The promise of continued growth will naturally mean more and more local amenities for residents of Edgewater, an area that is soon to become one of Miami’s premier urban residential neighborhoods.

Contact Us
Sep Niakan
Broker / Team Lead
(305) 697-7667
sep@blackbookproperties.com
Request Info
By sending you agree to CondoBlackBook's Terms of Use

Your Miami Condo Awaits

Recent Posts

How to Spend the 4th of July in Miami & More Summer Events 2022 - Miami Swim Week, Rolling Loud Miami, Swedish House Mafia, Ballet Festival
Lifestyle How to Spend the 4th of July in Miami & More Summer Events 2022 - Miami Swim Week, Rolling Loud Miami, Swedish House Mafia, Ballet Festival
Summer is hot in Miami and so are the events. We’ve got all you need to celebrate July with a bang! With an overflowing events calendar this summer, you’ll be spoilt for choice. Continuing with Miami Hotel discounts and topping those with Miami Spa special savings, you won’t be able to resist a weekend or two for self-care. Music lovers of every sort are in for a treat as the Rolling Loud Fest, Miami Salsa Festival, MB Classical Music Fest, Seaside Summer Fest, and Swedish House Mafia hit the stage in Miami. There are also plenty of summer camps and activities to keep the kiddos blissfully busy. Not to forget, the Fourth of July is right around the corner and Miami’s night sky is going to be lit with fireworks and the sweet smell of all-American barbecues. Check out our special curation of Independence Day events to make the holiday even more spectacular. And, read more below for a complete list of Top Things to Do in Miami this July 2022: Things to Do in Miami - July Events at a...
The 5 Most Luxurious Condo Buildings in Downtown Miami
Real Estate News The 5 Most Luxurious Condo Buildings in Downtown Miami
Downtown is, and continues to evolve as, one of Miami’s top neighborhoods, especially because of its central location to all that Miami has to offer, its views of Biscayne Bay, and its major public transportation hubs. In recent months, developers have been delivering world-class projects with unmatched luxuries in this urban core.  Today, a host of ultra-luxury buildings call Downtown Miami home, and we’ve listed the 5 Most Luxurious Condo Buildings in the neighborhood that set the bar for top-notch living. We’ve also included a few bonus pre-construction condo buildings that will provide even more luxurious lifestyle options for you to choose from if you’re looking to move to Miami or invest in this international city. Last updated on June 23, 2022 Why Choose Downtown Miami? Downtown is home to some of Miami’s best art, culture, shopping, entertainment, and social hotspots. It not only ties for #1 on our 11 Most Walkable Neighborhoods in Miami report, but is also the best...
Video: Agent Faves - Our 3 Favorite Condo Buildings in Sunny Isles Beach, Miami
Video Blog Video: Agent Faves - Our 3 Favorite Condo Buildings in Sunny Isles Beach, Miami
Close enough to all the action in Aventura and Miami Beach, yet far enough removed from touristy chaos, Sunny Isles Beach has turned into a darling for luxury developers in recent years. This upscale seaside community is home to an enviable collection of luxury-branded, high-rise condo towers, such as the Porsche Design Tower, Estates at Acqualina, Mansions at Acqualina, Turnberry Ocean Club, Muse, Jade Signature, and each one more luxurious and beautiful than the next. But we have a few that top our list of favorites. Check out Blackbook Properties’ Condo Specialist and licensed agent Vera Berezhnaya talk about her top 3 favorite luxury condo buildings in Sunny Isles Beach: Residences by Armani/Casa What we love about this building? Every unit in this oceanfront high-rise features a summer kitchen.  Milan couture meets Miami charm in this 66-story ultra-luxury high-rise. Besides affording private beach access, this 649-foot glass tower features 308 designer condos with interiors...
The Top 10 Miami-Area Beachfront Condos in Preconstruction Right Now!
Real Estate News The Top 10 Miami-Area Beachfront Condos in Preconstruction Right Now!
What’s more popular than Miami and South Florida’s sensational beaches these days? It’s our upcoming beachfront properties that are topping wishlists across the globe – luxury created for buyers from New York to New Zealand!  Regardless of whether you’re looking to move to the beachside for dazzling morning-to-night water views, instant access to a yachting lifestyle, or simply for bragging rights – an oceanside home in South Florida tops the wishlist for many - there are several upmarket projects on the horizon that offer you an oceanfront address. With developers eager to stay relevant in Miami and South Florida’s growing condo market, there are plenty of luxury, oceanfront condo preconstruction projects in the pipeline. Here’s our list of the Top 10 Upcoming Luxury Beachfront Condo Projects in Miami and Pompano Beach: Miami and South Florida’s Beachfront Condo Preconstruction projects at a glance: The Perigon - Mid-Beach Bentley Residences - Sunny Isles Beach St. Regis Residences...
Video: Comparing Miami’s Best Neighborhoods - Coconut Grove vs Brickell
Video Blog Video: Comparing Miami’s Best Neighborhoods - Coconut Grove vs Brickell
When most people are thinking about moving to Miami, two super popular neighborhoods are Coconut Grove and Brickell. These two neighborhoods are pretty much neighbors, and only about a 5-10 minute drive separates them. But they are very different and offer completely different lifestyles and vibes. So, how can you know if Brickell - the Manhattan of the South – is right for you? Or will the laid-back and tropical Coconut Grove neighborhood be better? Check out our video comparing these two Miami neighborhoods to help you decide which one could be your next home.  Coconut Grove vs Brickell While both areas provide plenty of variety in housing options, they also offer differing lifestyles and benefits. We’ve provided a comparison of these two popular Miami neighborhoods based on categories we think are important to living a good quality of life – things like lifestyle, parks and green space, shopping, entertainment and culture, walkability and transportation, and cost of living...
42 Pine: Boutique luxury and Kosher-friendly in Miami Beach
Preconstruction 42 Pine: Boutique luxury and Kosher-friendly in Miami Beach
It’s beautiful. It’s boutique. It’s Kosher-friendly. And, it’s in Miami Beach. Developer JP Roosevelt LLC, an entity managed by New York’s Boylmelgreen family, recently launched early sales and secured a $35.5 million loan to start the boutique condo project in the exclusive Pine Tree Drive area of Miami Beach. At only 8 stories, 42 Pine will offer 1 - 3 bedrooms residences, starting at 700 square feet and going to 2,700 square feet. Set for a 2023 completion, early friends and family pricing start at $700,000. Its eight exquisite penthouses start from $4 million.  Designed to offer modern luxury for Jewish residents, 42 Pine will feature gourmet Kosher kitchens, offerings two sinks, two sets of appliances, and separate cabinets for meat and dairy dishes – a true one-of-a-kind condo project in Miami Beach. 42 Pine: A Luxurious Hill Town in Miami Beach  42 Pine will be an 8-story condo community with 50 move-in-ready residences. Designed by Miami’s award-winning Arquitectonica,...