Aimco Planning Two Edgewater Apartment Towers With Park & Baywalk

Apartment developer Aimco is planning to build two apartment towers in Edgewater.

The project will also include a park and “extending the popular public bay walk,” according to the company’s Fall investor presentation.

NYSE-listed Aimco told investors that it had completed the purchase of additional properties next to their Hamilton on the Bay apartment tower which is currently undergoing a gut renovation.

In total, the company can now construct more than 1.1M square feet of additional development, by combining the newly acquired parcels with existing property already owned next to Hamilton on the Bay.

The end of 34th Street is envisioned to be converted to allow for the park, Aimco said.

The two new towers will be luxury apartments, the presentation said.

A rendering appears to show both proposed towers as being taller than the nearby Paraiso condo buildings, which are over 50 stories and well above 500 feet.

The area is seeing explosive growth, the company said.

 

From Aimco’s recent presentation:

 

64 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anonymous
13 days ago

Fantastic

Anonymous
12 days ago

Miami is growing vertically as fast as some of the biggest asian cities. there are at least 7 skyscrapers under construction and many more will break ground next year.

Anonymous
12 days ago

vertical suberb

Anonymous
12 days ago

vertical suburb? you can call it a vertical suburb but unlike most suburbs this neighborhood has medical centers,banks,restaurants,bars and parks within walking distance

Anonymous
12 days ago

Within walking distance, if you want to walk past blocks of parking garages on a tiny flooded sidewalk littered with dog poop.

Anonymous
12 days ago

on edgewater you just have to walk 2 or 3 blocks to biscayne blvd and you can find a great variety of businesses there.that’s why a lot of people walk from their condos to this blvd

Anonymous
12 days ago

is this a good thing? without baseline mass transit would normally lead to just a lot of congestion, but maybe WFH is offsetting that. This is not a well served area from mass transit.

Anonymous
10 days ago

It will help considerably if the Metromover expansion turns into a loop instead of a spur. North Miami to DD then back down NE 2nd Ave.

Anonymous
12 days ago

Great news for this region of Edgewater, as it is a central region, but not very dense, and can be very well explored, highlighting the part of the news about the park and the promenade. In the region, there are already good restaurants, shops and services, such as the Midtown Shops, a very pleasant area that can be covered on foot.

Anonymous
12 days ago

Let’s be honest, the amenities are pretty thin in the immediate walkable area. Midtown is a bit of a hike, although the brokers will make it seem like it’s across the street.

Anonymous
11 days ago

It’s literally a few block away.. what are you talking about?

real estate BS
11 days ago

4-5 blocks across 2 dangerous intersections

Anonymous
10 days ago

thats probably like a 10-15 minute walk nothing dangerous about waiting at two crosswalks

Anonymous
10 days ago

You’d never survive in NYC.

Anonymous
10 days ago

Are you made of tissue paper?

Anonymous
13 days ago

Not impressed by the architecture

Anonymous
12 days ago

Me neither.

Anonymous
12 days ago

Well, everything is not supposed to look like flames on the sides of a Mexican car.

Anonymous
12 days ago

By everything you mean literally one building. LOL go away

Anonymous
12 days ago

I like your witty little “go away” comment.. but I bet you wouldn’t move into a house or apartment building with a paint job that looks like flames on the sides of a Mexican car.

Now go back to playing with your little brother.

Anonymous
12 days ago

The architecture looks a bit basic but I’m looking forward to seeing what the public realm improvements look like.

Anonymous
12 days ago

“waaahhh!!!..” Sounds like you guys are whining about the Melo Group…

Anonymous
12 days ago

Not really whining. Literally just said I am looking forward to their public realm improvements – just that the architecture is a bit on the basic side. I think you’re the one having a pissy fit but go off

Anonymous
12 days ago

“Not really whining?”

Nah.. you:re just bashing a design and not using a penny of your own money to buy, hire, and design anything for us to make a comparison.

Budding Bureaucrat.
12 days ago

Looks like a regular building, its great!

from a design thing and I am not too strong in it so bare with me it’d be nice if Miami buildings incorporated more setbacks so that they do not look so big and building can have a satisfying tapered appearance.

Budding Bureaucrat.
12 days ago

But the most cost-effective form is the box and to occupy as much of the site as possible. I wish in the taller buildings that they would do that. I guess it wouldn’t work for the shorter ones, but for the taller ones?

Anonymous
12 days ago

Okan, Paramont MWC and Aston Martin are examples of huge projects and beautiful architecture. It’s not because the building can be big that it has to be square. Those who do squares have no talent for doing pretty.

Budding Bureaucrat.
12 days ago

That’s a fair point! I see so many boxes sometimes that I forget there are nuggets of talent.

Anonymous
12 days ago

Paramount and Aston are both condos. Can’t have as costly a design for an apartment tower. There’s going to be all sorts of short-cuts in this thing.

chupacabra
1 day ago

bad elevators that go out in summer when all the electric systems are running to keep the apartments cool

Anonymous
12 days ago

Haha.. the Pretty Police is on the scene…

Anonymous
12 days ago

Refund the pretty police, as in enforce design guidelines that discourage boxes, irregular windows and balconies, and blank walls, and encourage articulation, crowns, spires, and high-quality cladding.

Anonymous
12 days ago

Regular building, on the bay? Missoni Baia was boring enough, and that is supposed to be high end.

Anonymous
12 days ago

Missoni Baia looks phat!

Anonymous
12 days ago

Finally we see a rendering of a double apartment tower project consisting of different heights.

Another rental building
12 days ago

AIMCO is one of the most hated landlords in Miami Beach and Miami. This northern section of Edgewater is a traffic nightmare due to the 36th Street and 38th Street intersections and the exit/entrance ramps to the 41st Street Causeway and the highway going west. AIMCO does not care, it just wants money. By the way, including a baywalk is required.

chupacabra
1 day ago

when does the army corp of engineers plan on building that 20 foot storm surge wall around here??? the one that will also cut off the neighborhoods to the east of biscayne just a little further north??? it floods around here…..

Anonymous
13 days ago

Build that skyline fast❤️

Anonymous
12 days ago

Quantum? Is that you? Yuck

Melo is chad and sigma
12 days ago

Haha it looks like it

Anonymous
12 days ago

Stop looking in the mirror when you ask that question.

Anonymous
12 days ago

What architecture??? This was designed by school project.

Anonymous
12 days ago

Happy to see the supply, but that’s going to be an awfully costly building for just apartments. Doesn’t bode well for asking rents.

Anonymous
12 days ago

Have you seen the flooding in edgewater lately?

Anonymous
11 days ago

No news!?!

Anonymous
13 days ago

Looks like quantum

Azarius
12 days ago

Love that they are fixing part of the grid, creating more parks, adding to the bay walk and the DENSITY!!!

Anonymous
12 days ago

density with no mass transit – enjoy

Anonymous
12 days ago

Q.E.D.

Anonymous
12 days ago

Would you rather mass transit with no density?

Anonymous
12 days ago

That’s called Miami from 1984 to 2014

Anonymous
12 days ago

“creating more parks”?????? Not high on Miami’s development agenda. More apt to be leasing them out for some cockamamie scheme.

Anonymous
12 days ago

fascinating and riveting design. so original and unique. simply spellbinding

Anonymous
12 days ago

clearly under a spell!

Anonymous
12 days ago

I know you are being facetious

Anonymous
12 days ago

The one closet to the bay looks amazing. The second one with the cheap-looking Swiss cheese windows… not so much. The UDRB better ask for a change.

Anonymous
12 days ago

Metromover to the rescue, please

Anonymous
11 days ago

What will happen to the Baypark Towers? I hope it gets bulldozed.

Rigo
8 days ago

There is at least part of this assemblage (secondary entrance to Bay Park Tower Condo – along NE 34th Street), which is not yet owned or under contract by Aimco. Wonder what the plan is there…

Anonymous
12 days ago

Keep em coming

Anonymous
12 days ago

Very ambitious. Let’s go

Yet Another Anonymous
9 days ago

Doubt it’s over 649 feet and definitely not over 700 feet

Traffic.
3 days ago

Traffic on Biscayne between 28th and 38th Streets is gridlock already. This project makes it worse.

Anonymous
12 days ago

It is good aimco putting americans back to work.