Construction is expected to begin in the first quarter of 2016 on Elysee Residences at 700 NE 23rd Street, the developer announced.
The condo tower will feature a unique three-tiered telescoping shape designed by Arquitectonica’s Bernardo Fort-Brescia. It is being built at 649-feet tall, the maximum height permitted in the area.
Prices will average $750 per square foot, and the unusually large unit sizes of 2,660 up to 4,000 square feet will mean that units will range from $1.65 million to over $10 million.
Each of the 100 units will have direct views of the bay, with a maximum of two units on each floor. Ceilings will be either 10 or 11 feet high, with unit owners enjoying private elevators and robotic parking.
Two Roads Development, which is also developing Biscayne Beach, is the developer. That project is under construction and is nearly sold out.