Miami Condo Market and Lifestyle Updates
FAA Approves Elysee Tower Height in Less than Four Months

FAA Approves Elysee Tower Height in Less than Four Months

by Sep Niakan | October 26, 2015

The new Elysee tower in the Edgewater neighborhood of Miami has been approved by the Federal Aviation Administration.

The 56-story Elysee tower will be 644 feet above the ground, which is 649 feet above sea level, the maximum height the FAA permits for the Edgewater area. Approval took less than four months, but expires in March of 2017.

A maximum of two units will be built on each floor of the Elysee as part of their 100 unit plan. Prices in the tower average around $750 per square foot.

Upward construction is estimated to begin at the start of 2016. Two Roads Development is creating both the Elysee and Biscayne Beach, the latter of which is already under construction.

 

Source: thenextmiami.com

Photo credit: thenextmiami.com

Recent posts

Opinions and Advice

Miami Pre-Construction Frequently Asked Questions

by Sep Niakan | May 22, 2017

How much is the fee to have a knowledgeable and licensed Miami real estate broker help me select the right property? How much of my money does developer use during construction? What are the penalties if I decide to cancel my pre-construction...

Opinions and Advice

Comprehensive Guide to Buying a Pre-construction Property or Condo in Miami

by Sep Niakan | May 22, 2017

Why You Need to Read This Miami Pre-construction Condo Guide Miami Pre-Construction Phases How to Negotiate the Best Miami Pre-Construction Deal How to Finance Pre-Construction Property Closing Costs for Pre-Construction...

Lifestyle

Save the Date for these Stellar June Events in Miami

by Sep Niakan | May 20, 2017

With summer here, Miami turns up the heat with the hottest events lining up for the month of June. You can find a new way to spend each day, whether it's catching up on international cinema, going on a food-eating spree, or peering over the...

Real Estate News

Luxury Miami Condo Report : April 2017

by Sep Niakan | May 18, 2017

Miami Luxury Condo Report Overall Market Summary   City and Neighborhood Luxury Condo Reports   Miami Beach Luxury Condo Report South Beach Luxury Condo Report Mid-Beach Luxury Condo Report   Surfside Luxury...