Another luxury condo high rise will begin construction in downtown Miami later this year.
Riverwalk East Development, LLC plans to begin construction on the tower at the former Epic East site in the fall of 2016, representatives told the Miami River Commission last month. The company is controlled by the Coto family, owners of a supermarket chain in Argentina.
The Cotos paid a record $125 million for the 1.25-acre site at 300 Biscayne Boulevard Way in 2014. A 609-foot tower with 596 units called Epic East was once approved for the property in 2004, but new regulations permit a taller height and higher unit density.
The developers are asking for permission to open a sales center at the site with a temporary river walk (the previous owner of the property violated zoning rules by failing to demolish the former Epic sales center to build a required river walk.) The sales center will be demolished in December 2018, with the completion of the tower.
Plans for the temporary sales center list the project name as 300 Biscayne Blvd. (not to be confused with PMG’s supertall condo tower a few blocks north.) Luis Revuelta, who once designed both Epic condo towers, is listed as architect, along with Bodas Miani Anger of Argentina.