Completion is scheduled for the first quarter of 2018, with delivery in spring.
CANVAS CONDOMINIUM TOPS OFF IN MIAMI’S ARTS + ENTERTAINMENT DISTRICT
Sleek, contemporary tower with Ocean, Bay, sunset and Miami skyline views,
is slated to be delivered to residents next spring
MIAMI (August 11, 2017) – NR Investments’ highly anticipated CANVAS condominium tower, the flagship residential building of Miami’s burgeoning Arts + Entertainment District (A+E), has officially topped-off construction at 37 stories. The announcement was made in tandem with general contractor Stiles Construction and the project’s exclusive broker, Fortune International Realty.
The art and design inspired building, which comprises 513 residences — the largest of its size in the A+E — broke ground in February 2016. Completion is now scheduled for the first quarter of 2018.
Prices for the remaining homes range from $345,000 to $654,000, with sizes encompassing 620 sq. ft. to 1,110 sq. ft. With CANVAS being Fannie Mae approved, prospective buyers are able to capitalize on reduced deposit requirements and other benefits of the program, furthering access to millennials and first-time buyers.
“Buyers have been flocking to this project from across the globe,” said Ron Gottesmann, Principal of NR Investments. “We know this neighborhood presents a great deal of appeal among those looking for a central location in a neighborhood being fueled by the arts – one that puts residents within walking distance of area landmarks and top entertainment venues. For those seeking a second home or primary residence, CANVAS represents the opportunity to be at the epicenter of everything Miami has to offer.”
NR Investments and its principals are the founders of the Arts + Entertainment District, an enclave flanked by Wynwood, Edgewater and downtown Miami. CANVAS is ideally located near the Adrienne Arsht Center, Phillip and Patricia Frost Museum of Science, Pérez Art Museum Miami and Wynwood Walls. In a nod to that influence, one of the newly unveiled hallmarks of the tower will be a massive, collaborative installation involving 22 globally renowned street artists and yielding more than 200 original works of art for the building’s residential corridors and common areas.
“What we’ve built in the Arts + Entertainment District has been transformative…and CANVAS is a direct reflection of that,” said Nir Shoshani, Principal, NR Investments. “Overall, this is an important moment for the city as it is another example of the strong interest among buyers to live in the urban core of Miami and take advantage of its art-infused offerings.”
Located on more than an acre of land at 1630 N.E. 1st Avenue, CANVAS boasts a contemporary design with views of Biscayne Bay, the Atlantic Ocean, the city skyline, and exceptional, unobstructed sunset views. Amenities include sunrise and sunset pool decks, a serene indoor/outdoor yoga garden, a state-of-the-art gym, a glass-enclosed racquetball court, Zen spa/sauna treatment rooms, and a multimedia screening and theater facility. A Metromover stop is steps from the project, as are recreational facilities and major thoroughfares, including I-95, I-395 and I-195.