Developer Signs Utilities Deal For 649-Foot Hamilton House In Edgewater

NYSE-listed Aimco has completed an agreement with Miami-Dade’s Water & Sewer Department to supply an apartment tower planned to be built in Edgewater.

The deal was completed November 21, with the name of the 60-story project listed as Hamilton House

According to the utilities agreement, Hamilton House will include:

  • 241 apartments
  • 1,253 square feet of full service restaurant
  • 3,443 square feet of retail
  • 3,063 square feet of fitness center/gym
  • 2,244 square feet of office
  • 380 parking spaces (per a UDRB filing, not included in the utilities deal)

The connection fee is estimated at $220,744.20. There’s also a Biscayne Basin Sanitary Sewer Special Connection Charge of $133,899.20.

Aimco also owns The Hamilton apartment tower across the street, where renovations were recently completed.

Tenant move ins began at The Hamilton in October. At the end of October, 97 of 276 apartment were rented.

Rental rates at The Hamilton were approximately $1,000 per month higher than initially forecast, according to the company’s recent quarterly report.

 


47 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anon
2 months ago

Love the podium. Would like to see more classically influenced podiums in the city – a callback to Miami’s world-class architecture of the 1920’s.

Anonymous
2 months ago

Agree, would be awesome to see Roman/Greek columns , pediments, and keys, like we see in court houses and classic revivals. It would so cool to have these beauties on street level with modern towers rising from them.

Anonymous
2 months ago

A small step to bring back what was lost, especially in Edgewater for the parking garages of Related’s sawtooth and bubble boxes.

Melo, the true giga chad
2 months ago

I really love the podium on this building. Very human scale.

anonymous
2 months ago

Podiums are a great way to keep the pedestrian areas scale and free up quality air/light space for neighborhoods while still utilizing limited airspace for towers.

Anonymous
2 months ago

All of which tend to be lacking in Edgewater will all the recent developments, so this is a refresher.

Anon
2 months ago

Love the warm beige stone color scheme of the pedestals, they should bring in more mix of neutrals around mainland Miami

Anon
2 months ago

The color really pops against the white without being too overpowering.

Anonymous
2 months ago

At least it’s not gunmetal grey.

Anonymous
2 months ago

You’re selling me on variations from the gunmetal, but the gunmetal is still modern and exquisite on some buildings. Agree, we need some other neutrals too.

Melo is sigma and chad
2 months ago

Amazing addition to edgewater coming soon. But why is Melo dragging their feet on those twin towers in edgewater

Melo, the true giga chad
2 months ago

I’m guessing they are waiting to free some of their crews from the other projects they have going on

Original
2 months ago

It may seem like the Melo Group are dragging their feet to you but remember, building cycles are always up and down.

anonymous
2 months ago

It’s back to school–in Miami. So many national and global headquarters are moving to Miami and will continue. It’s not just because of the incredible tax savings, it’s also because this is where there employees want to live and work. If they are going to make employees “go back to school” they realize they need school to be someplace where people want to be. We’re going to keep growing faster because of these factors.

transplant
2 months ago

I live nearby and drive by the site often. I’m pretty sure foundation work is almost complete for the first Aria Reserve tower and it seems like the second as well. And judging off where they’ve been drilling on the site, I suspect there’s a third tower without water views that is also being built.

Anonymous
2 months ago

Water views are beautiful but overrated—square footage, close to water, and access to metro are premiums too.

Anonymous
2 months ago

Water is overrated, but as long as you’re close to water… Sure, Jan.

YEET
2 months ago

I’ve seen a few photos posted online of the site. Seems like they have been doing a lot of heavy foundation work. I’m sure once they start going vertical it will be moving fast. I’m pretty sure some of their superintendents and project managers are tied up trying to finish the other projects.

El Arqui
2 months ago

We did 6 months of piling before excavation for 2 towers in sunny isles beach back in 2018 (before covid). Right now it takes double or more to get materials onsite, probably 12 months or so. Melo did the sales center almost a year ago and since I live next to it I’ve seen them doing piles since April or May therefore I wouldn’t be surprised if they start excavating by mid February 2023.

Melo, a true Giga Chad
2 months ago

Are drilling to bedrock? Or friction piles?

El Arqui.
1 month ago

bedrock, probably drilling to the Tamiami layer -168′ -/ -190′.

I’ll take my comment back. I see foundation being formed right now therefore big foundation pour of 12hrs+ coming soon. (my estimate is in 3 months vs 6 months in our project) our towers are heavier because condos are full finished and these are decorator ready typically 35% less heavier).

anonymous
2 months ago

Can we get some pyramid designed style buildings? It would look so cool to have the pyramid shape with steps up to a tower.

Anonymous
2 months ago

A glass pyramid or with funky modern steps, reimagine it – would be a step up for the box designs.

lol
2 months ago

Always love the suggestions from keyboard architects: “Can it be more iconic? More pyramid with glass! No more cereal boxes.”

I’m sure developers will implement enormous glass pyramids into their next venture to appease you.

Anonymous
2 months ago

Not just to appease me but also the city, tourists and residents. It also brings fame and recognition to developers and architects. Whose going to remember the box they tear down in 50 years? Whose going to pay premium to live in a common design. It’s funny when people would rather settle for quick earnings over long term gains. Look at the Louvre for inspiration:

https://en.wikipedia.org/wiki/Louvre_Pyramid

Anonymous
2 months ago

Here are really cool modern pyramid designs – Miami needs more landmarks – it’s not all about stick drawing architecture, shapes are king, seriously please look at these beautiful designs and lmk if you think it could look cool here in Miami

https://www.archdaily.com/588430/6-modern-pyramids-that-show-timeless-geometry-is-here-to-stay

Anonymous
2 months ago

We had a cool pyramid building in Coconut Grove, but it was replaced by two twisty heaps of crap from an overrated architect.

Anonymous
2 months ago

I do like those twisty buildings, but that’s sad we lost a pyramid design. We need to bring one back, except better – I bet architects could do some even more incredible accomplishments. Make it the first of a kind and even more people will flock here to see it from around the world. I’m imagining LED lighting lit down from each step.

Anonymous
2 months ago

You’re assuming I’m a keyboard architect and didn’t study design or something. You guys are lucky I’m not charging. Take it as free advice. My perspective has value, as does yours (just not this rude comment).

El Arqui.
1 month ago

waste of vertical space and non functional.
solar glass panels will be cool though although the US is not there yet. Maybe in the Middle east or Asia where $ budgets are higher and available.

anonymous
2 months ago

Glad they are keeping a walkway for the public along the water. It’s such a waste to put these condos right against the water, when they already have nice views and waterfront. It just suffocates the pedestrian flow and reduces the consumer base when they don’t leave a public walk way along the bay.

anonymous
2 months ago

Agree, they should take back a strip of any abutting condos along the bay to make a walkway and bike path that stretches from Edgewater to Brickell, just like NYC and most major cities have designed.

Anonymous
2 months ago

Easier said than done, especially with Bert-Harris in Florida. Most those linear recreational areas in NYC were industrial dock areas under fewer owners.

Anonymous
2 months ago

We just need a good lawyer in town – thankfully a lot are moving here, who see the utility of such a public bayfront space.

It’s often grossly underused in condo developments and neglected over time. Eminent Domain is completely constitutional. I wonder if Miami-Dade may argue that the Bert-Harris law is preempted by federal law on eminent domain.

Also, Bert-Harris claims only applies if a “governmental entity inordinately burdens an existing use of real property or a vested right to a specific use of real property.” There’s nothing inordinately burdensome about a common pedestrian walkway along the bay – those buildings need to be set back anyway due to coastal erosion. As a matter of public policy we need to protect those bay shorelines for the entire city and those condo owners. It behooves the HOAs and developers not to object. The value will only go up if these spaces become more utilized.

Also, the Army Core of Engineers is planning some type of wall/natural barrier in Brickell, and we can build out by dredging land to build a walkway if we need to do so.

Anonymous
2 months ago

Office towers needed on Biscayne Blvd to complete the look.
Still so many derelict buildings and empty lots.

Beguiled One
2 months ago

Solid looking design.

Anonymous
2 months ago

1000 a month doesn’t exist anywhere…

learn to read
2 months ago

it’s a poorly written sentence but you totally misread. They’re renting $1000 higher per month than the rents they underwrote.

learn to read
2 months ago

it’s a lazy website… there’s your answer.

Drac
2 months ago

Okay bring on the usual dreck about parking pedestals, building height, walkways, blocked views, blah blah blah…

Magazine
2 months ago

The number of apartments (240) along with the size of the retail / office / amenity areas seem small for a 60 story building in Edgewater. Back of the envelope, units will have to start in the $2m’s just to break even on construction costs. Isn’t AIMCO more of a rental company? Those are going to have to be some pretty high monthly rental prices. Panarama is 85 stories and 821 units (~10 units per floor) with prices starting around $3-4k. Is there that much demand for rentals starting at $10k per month?

Anonymous
2 months ago

What is there to live about this?

Pooba
2 months ago

Ain’t nuttin’ but a pile uh schiessen

Mana
2 months ago

Elegant for the Miami Edgewater area. love it!

Anonymous
2 months ago

Nice. Build it. Next.

realtor
2 months ago

at what point will Miami be over built, as a realtor, I wonder if the flooding of inventory on the market in the next few years will negatively impact the real estate market like it did in the parts of the country.

what U talken bout Willis?
2 months ago

“at what point will Miami be over built”

Compared to a lot of other cities around this world, Miami has a long, long way to go before its so-called “over built.”