14-Story Edgewater Condo Tower Will Be Demolished & Replaced With Multiple Towers Of Up To 60 Stories

An unnamed developer is buying out a condo in Edgewater, with plans to demolish the 14-story tower and replace it.

A building as tall as 60 stories can be built on the property.

The developer will submit plans for the new project to the city by May, a broker involved in the transaction told the Herald.

Related Group previously submitted an offer in 2019 to buy a portion of the property from owners of the bayfront condo building for $24 million.

The 2019 Related proposal called for two towers with 200 units on an area that was being used as a surface parking area, a tennis court and recreation area.

The new proposal from the unknown developer calls for the 14-story Biscayne 21 condo building itself to be demolished and replaced by multiple buildings.

Biscayne 21 has 192 units and was built in 1964.

 

(photo: Phillip Pessar)

 

 

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POLO
2 months ago

I knew the days were numbered for that old building in that prime bay location. I hope they come up with a stunning piece of architecture.

Azarius
2 months ago

Really need something architecturally remarkable and wowing thereโ€™s already enough boxes on the bay

Anonymous
2 months ago

Forget about it. It’s Miami. King of cigarette box buildings. The only thing that changes is the shape and juxtaposition of balconies

Azarius
2 months ago

Lol

Anonymous
2 months ago

I hear ya.

For you developers, please at least stagger the buildings heights.

Anonymous
2 months ago

they don’t care about that mama – they care about making as much $ as possible.

Anonymous
2 months ago

Lol @ cigarette box

Anonymous
2 months ago

You’re gonna be surprised ๐Ÿ™Š๐Ÿ™‰๐Ÿ™ˆ

Anonymous
2 months ago

Yeah, you would have to travel several hundred feet north to Elysee to find a non-cigarette building box building (by Arquitectonica).
https://www.thenextmiami.com/photos-the-649-foot-telescoping-elysee-tower-in-edgewater-is-nearing-completion/

Anonymous
2 months ago

This also means one more section of the Baywalk.

Anonymous
2 months ago

Yes!!!

Anonymous
2 months ago

^This. The developer will be required to put in a baywalk and it will fill in a gap. It would be continuous from Pace Park up to 23rd Street once this corner gets filled in.

Anonymous
2 months ago

Not just 23rd. This is the final piece. Itโ€™ll go all the way up past missoni once island bay is completed.

Anonymous
2 months ago

Now we need Metromover to follow

Anonymous
2 months ago

Yes!

Anonymous
2 months ago

Nobody who can afford the real estate prices for a new tower on this land will take your beloved little electric shortbus.

Anonymous
2 months ago

Thatโ€™s a big condo buyout (usually hard to do). I wonder what the developer was offering the unit owners.

Anonymous
2 months ago

You aren’t kidding. They need approval of 100% of the owners. Very tough deal. Surprised the broker is talking about it so much.

Anonymous
2 months ago

100%? Normally itโ€™s 90% no? Any idea on the sale price of this one? Saw the high numbers the brokers were saying last yr – wonder if it got even close.

Anonymous
2 months ago

Not true. You do not need 100%

Anonymous
2 months ago

I currently live in Biscayne 21. Going to miss it. Amazing location

Anonymous
2 months ago

How much was the buyout offer?

Anonymous
2 months ago

I rent but i’m sure condo owners were offered well above market value.

Anonymous
2 months ago

I hope you find a great deal in one of the surrounding buildings.

Ridarope
2 months ago

I used to own a 1 / 1.5 in the building. Current owners of that model are getting close to $700K. Ouch for me!

Anonymous
1 month ago

Did you speak with someone in the building who still owns? Interested to hear the source of this info and how reliable it is.

Good for them though – lots of dough for those units. 3 bed owners must be walking with a cool mil.

Anonymous
2 months ago

Unit owners with a big smile :))

Anonymous
2 months ago

What I would really like to see is new towers being built west of Biscayne Blvd.

Anonymous
2 months ago

Hmmm.. two thumb down votes. Must be by some of those boring a$$ park people…

Michael
2 months ago

My dear friend had an apt. In that building. It was fantastic.

Anonymous
2 months ago

Does anyone know how much unit owners got from the company?

Anonymous
2 months ago

Developer out of NYC! Hopefully they will build something magnificent!

Anonymous
21 days ago

Another developer of NYC is behind Bay Park Towers!!!! Offer still far from Biscayne 21 numbers!!!

Anonymous
2 months ago

Rip Biscayne 21

Anonymous
2 months ago

RIP, buildings far more worthy than this that were destroyed in Edgewater for parking garages of giant Related cigarette boxes.

Ridarope
2 months ago

I think the worst builder in that regard has been Melo, not Related.

Anonymous
2 months ago

Progress

Calivalle
2 months ago

Awesome vibes..๐Ÿ”๐Ÿ”๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž

Anonymous
2 months ago

Wowza. MIami winning. game changer. LOL

Anonymous
2 months ago

It was recently renovated and painted. Maybe they should have saved their $$$$

Anonymous
2 months ago

We got something cooking up nicely for this one ๐Ÿ˜‰ ๐Ÿค

Anonymous
2 months ago

Wonder what happens to the residents.

Anonymous
2 months ago

They get paid and move.

Anonymous
2 months ago

Yeah but who owns it. This story is incomplete. But good news as this will create a new stretch of baywalk.

Anonymous
2 months ago

Yes, they could have written a more detailed story.

Anonymous
2 months ago

thats a great parcel…..surrounded by water…it should be a success if its condo….hope for unique building …maybe light feature….

Anonymous
2 months ago

hopefully lights that change color and a wave pattern of some kind… and definitely fake grass on the side of the building

Anonymous
2 months ago

Thatโ€™s real grass!

Anonymous
2 months ago

it would be so sad to see another bot coming up here.
build, but make it worthwhile.

Anonymous
2 months ago

About time ๐Ÿ™Œ๐Ÿพ๐Ÿ™Œ๐Ÿพ

Anonymous
1 month ago

Iโ€™m sure there will be quite a few Elysee buyers that will miss their unobstructed views south to the park and Miami skyline.

Anonymous
2 months ago

Might be Mana hiding his name in shame

Anonymous
2 months ago

Kiss my as….

– Mana

Anonymous
2 months ago

Don’t get so hyped about it.
Mana is a silent partner.
LOL