51-Story Condo Announced For Up-And Coming Edgewater

The development rush in Miami’s Edgewater neighborhood is not slowing down.
Biscayne Beach is the latest project to be announced in the rapidly growing area north of downtown Miami.
A 51-story, 399-unit condominium tower at 711 NE 29th St. will be developed by a joint venture between West Palm Beach-based Eastview Development LLC and New York-based GTIS Partners LP.
The venture plans to start construction in the first quarter of 2014 with hopes of completing the tower in 2016.
The three-acre project sits on the west bank of Biscayne Bay.
Unit sizes range from one to four bedrooms. Prices range from $400,000 to “multimillion-dollar” penthouses that would include private rooftop garden terraces, according to a statement from a project spokeswoman. Project plans also include what the developer calls the city’s first private beach club.
“Biscayne Beach offers buyers from across the U.S. and around the world an opportunity to enjoy a premium lifestyle with all the conveniences of luxury condo living,” Eastview partner Robert Kohn said in the statement.
 
Source:  DBR