Aimco Gets FAA Approval For Third Tower At Hamilton On The Bay, Rising 42 Stories

The Federal Aviation Administration has granted approval to apartment developer Aimco for a third tower at the Hamilton On The Bay Complex in Edgewater.

According to an approval letter, the third tower can rise up 497 feet above ground, or 502 feet above sea level.

Aimco also received FAA approval earlier this year for tower 2 at The Hamilton, which is planned to have 241 apartments. The 60-story tower is approved to rise 645 feet above ground, or 649 feet above sea level, directly on Biscayne Bay.

The eastern, waterfront 60-story Tower 2 is planned to have large units attracting executives and affluent Gen X residents

The west Tower 3 is planned to rise around 42 floors and will be geared toward households with and without children. Unit sizes will average 1,193 square feet and offer open floorplans with water and skyline view corridors, the company told investors in a May presentation.

In addition, another development is planned on the same block in partnership with Beitel Group. That project will be a “gateway development,” with approximately 650 units, office, and retail.

Aimco is nearing completion on a renovation of the first Hamilton On The Bay (being rebranded as The Hamilton), where it is investing $95 million. There are 271 units under renovation.

According to The Hamilton’s website, apartment rents for some of the penthouse units at the newly renovated Hamilton will start at over $31,000 per month.

Aimco also announced a pledge of $1 million last week to Camillus House to support workforce development programs.

The funds will be used to provide training and skills to those experiencing homelessness, allowing them to benefit from Miami’s rapidly growing economy.

 

Renderings of the 60-story tower:

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Anon
1 month ago

This seems geared towards New Yorkers relocating

Anon
1 month ago

Best comment I’ve seen on here in weeks – this is spot on.

Urbanist
1 month ago

Has AIMCO built anything or are they only renovating projects and planning for far into the future?

Terry
1 month ago

They have a few completed projects in CO, IL, and I’m sure a few others under construction.

Anonymous
1 month ago

The more the merrier! Our property values are certainly grateful for these New Yorkers and everyone else moving here.

Anonymous
1 month ago

As if that isn’t the case for two-thirds of development within the past few years?

Anon
1 month ago

The single biggest thing to do spur development, business and property value in edgewater would be to connect the bay walk. The level of missed opportunities for public waterfront space in miami is criminal.

Original
1 month ago

Nah.. the single biggest thing to do to spur development would be extending the metromover throughout the area including Edgewater and extend it to Miami Beach.

Checo
1 month ago

The Baywalk connected from the Tuttle to the SE 15th Street will be great. It’s happening.

But don’t get to outraged.

It appears to me that development IS spurred. (See article above, and the “Related Links” section directly below that).

The Baywalk isn’t connected, YET development is happening at an unprecedented level.
The Baywalk isn’t connected, YET property values are at an unprecedented level.

Private property rights is the single biggest thing to do to spur development. We have private property rights, developers are developing, and the Baywalk will eventually fill in.

Anonymous h
1 month ago

“The west Tower 3 … will be geared toward households with and without children.”
In other words, everyone.

Anonymous
1 month ago

Everyone with $$$. Not teachers, cops, nurses, etc

Checo
1 month ago

Who says teachers don’t have money? My old landlord was a teacher who bought a $300,000 house and sold it for $9m in 2020. It was just flipped for $17.5m a few months ago.

Anonymous
1 month ago

must have inherited or married the money

Anonymous
1 month ago

Most nurses make upwards of six figures. I wouldn’t lump them in with teachers and cops.

Anonymous
1 month ago

Awesome! The Hamilton is going to be so nice after the much-needed refurbishments.

anonymous
1 month ago

there is no skyline free of eyesores

Anon
1 month ago

Are they going to connect the fucking bay walk?

Anonymous
1 month ago

The Edgewater baywalk (or lack, thereof) is a fucking disgrace.

Anonymous
1 month ago

Why?.. will your life then be complete if they do?

Anonymous
1 month ago

If you’ve been to other major cities on the water, you will see that they take advantage of their public waterfront spaces to increase the livability of the city for their residents. People love to bike, walk and just hang out by the water. Miami, a place with more waterfront property than many of these cities, has virtually done nothing of the sort in Edgewater, or Brickell for that matter (i.e., the could-be riverwalk). It’s a disgrace.

Anonymous
1 month ago

The Embarcadero in SF is a great example. Although it took an earthquake to show people in SF that they were better off without a massive freeway. The Miami and Miami Beach pioneers didn’t have much foresight, except on Ocean Drive.

Anonymous
1 month ago

Miami Beach has a boardwalk along the entire city beach front and south pointe

Checo
1 month ago

You are unaware that Miami Beach has an ocean and boardwalk (public space) that extends from the northern border of the city to the southern boarder of the city, then curves around the southern tip of the city to continue on the western side of the city??

“The Miami and Miami Beach pioneers didn’t have much foresight”. Oooohhhhh…..no. Not at all. They had no foresight compared to you.

They are called Pioneers. You are called “Anonymous”.

Checo
1 month ago

I run around Brickell Key a lot.
I run along the bayfront in Brickell, along the water in Brickell, and there really are not that many people out there considering the size of our city.

Margaret Pace park (wait….does that debunk the “virtually nothing” comment made?) is very active and usually packed.

What you fail to understand is that much of the “public waterfront spaces” that you are upset about Veruca, is not PUBLIC waterfront spaces.

Anonymous
1 month ago

Margaret Pace Park is packed bc it’s the only waterfront space in Edgewater. Extend the bay walk in the area and the neighborhood will continue to thrive. Also, Brickell Key is almost uncomfortably packed every time I walk there, at least a few times a week. Your insights are comically inaccurate and your comments cocky and condescending.

Checo
1 month ago

Who is “they”?
Property owners do not have to give you their property just because you are outraged about something.

The way it works in the adult world is that if a property owner wants to modify a Bayfront building substantially, that property owner will be required to add in a 50ft set back to accommodate the baywalk.

Some people need to get their Lululemons out of a knot. relax, then learn about how the world works before going nuts about how they think it might work.

Anonymous
1 month ago

This corner of Wedgewater will look great, with this three-tower complex being built right next to the Paraiso complex. So many residential units nearby will attract a varied commerce, bars and restaurants. Let the offices come too.

Seemymiddlefinger
1 month ago

…and hopefully with no bike lanes.

From WSVN: Downtown Miami store owners say new bike lanes decrease walk-in business

Urbanist
1 month ago

Or having bad business nobody wants to frequent is leading to a loss in sales?

Anonymous
1 month ago

Exactly. Take a look at the businesses along the newest bike lane. There’s a hodgepodge of fabric stores, run-down jewelry outlets, and a caribbean “restaurant” that blasts cumbia music on the sidewalk. But I bet it’s definitely the new bike lane that’s stopping customers from frequenting these businesses.

Drac
1 month ago

Why in the fuck do they wanna put bike lanes in downtown anyway? It’s bad enough that there are a lotta horrible drivers in Miami already, now we have to look out for a$$holes on bicycles also. smdh…

Anonymous
1 month ago

So that people can ride their bicycles into and through downtown. Duh.

Checo
1 month ago

Before the futurist invented bike lanes, people did ride their bicycles into and through downtown.

Checo
1 month ago

My dentist was on S 1 st Street, but once they put the bike lanes in and removed on street parking spaces, getting there was such a pain in the arse, that I found a new dentist.

True, there are a lot of junky stores, but if enough people with money to spend could get into and out of the Flagler area, there would be better stores.
The Miracle Mile valet system is thoughtful. Put valet stands throughout the district and allow for people to drop their cars at any stand, and pick up from any stand.
People will drive TO the area, and walk around to do business.

When I used to try to drive around Flagler, I never saw a cyclist in the bike lane that wouldn’t have had the cajones to just weave through traffic without any bike lanes.

Checo
1 month ago

Of course they do. And they make me avoid the entire area because it’s hard to get around.
You know those “bike riders” love to support their local businesses…except those bike lane bureaucrats who advocated for downtown bike lanes all live in Coral Gables.

“Ahhh well, it never occurred to us that when people buy stuff, they have to either put it in the trunk of their car, or put it on their handlebars. We just saw this TedX Lecture about a 15 minute city and it made us all feel good. So we wanted to force everyone to embrace it”

Calivalle
1 month ago

Stunning beauty… Wish they connect the bay boardwalk all the way to Brickell …😎😎🌴🔆🌴🔆

Melo is sigma and chad
1 month ago

forget FAA approvals we want to see submitted construction permits and utility deals

Anonymous
1 month ago

Edgewater Soaring.

Anonymous
1 month ago

Solid towers, and I especially love the lower levels facing the bay. Compared with other towers, where parking garages take up the space and are slapped with crappy murals, and it’s night and day.

Anonymous
1 month ago

For a thirty-five-year-old building, it has aged better than any of Related/Arquitectonica’s adjacent cereal boxes.

Anonymous
1 month ago

“Hamilton on the Bay is trash?”

I guess you think those three story ugly old rooming houses in Little Havana look better?

John
1 month ago

Very nice but let’s NOT forget that AIMCO evicted all their tenants who had existing leases under the previous company!
Boycott AIMCO and their crapy ethics

Nono
1 month ago

I think they wanted to renovate a 35 year old building?

Anonymous
1 month ago

This is precisely why I would SUPPORT AIMCO. They went by the book and offered the tenants new leases that SPECIFICALLY stated the leases could be terminated before the end of the normal term. Then, they stepped in and made an aging but beautiful building even more beautiful. We need more developers with these ethics.

Anonymous
1 month ago

Another plain, cereal box for the already awfully boring skyline of edgewater. The best missed opportunity of miami waterfront, including the bay walk.

Anonymous
1 month ago

Don’t worry, just wait till the next rain down pour and you’ll see and get all the waterfront you want.

Anonymous
1 month ago

Kicking out those folks from The Hamilton on the Bay was wrong.

Anon
1 month ago

Why? it’s their property

Anonymous
1 month ago

No, the tenants staying unlawfully past their lease term was wrong.

Anonymous
1 month ago

Compassion will get you far in life

Anonymous
1 month ago

What does compassion have to do with contractual rights and obligations? The tenants signed a lease saying they could be evicted before the end of the term. They were then evicted and complained of an unfair deal. I guess they should have signed a lease elsewhere or bought their own property if they didn’t want to be evicted.

Qtip
1 month ago

Why, we need more hosing and this project provides it. Besides forcing owners to continue renting to at what I’m sure you’d be in favor of below market rates would be wrong.

Anonymous
1 month ago

Removing S Q U A T T E R S is great and thank goodness they did that before covid, otherwise it would’ve taken another two years. You must be a Miami native who doesn’t understand how these things work, try living in NYC a couple years and you’ll come back to Miami with a whole different perspective