Excavation Underway For Edgewater’s 649-Foot Elysee Tower

Elysee is one step closer to beginning vertical construction.

Last week, excavation began for the tower’s foundation, according to the project’s Instagram page.

Foundation work has been underway for over six months. Piling work began in October 2017, and an official groundbreaking was held in December 2017.

The uniquely telescoping, Arquitectonica-designed tower is being built to the maximum height permitted in the area – 649 feet above sea level, and 644 feet above ground. It will rise with the assistance of a crane that reaches 726 feet above ground.

It is being built as an ultra-luxury condo building with just 100 units in a 57-story tower.

 

 

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Anonymous
2 years ago

Edgewater is insane looks amazing!!

Anonymous
2 years ago

A beautiful building that’s adds another unique layer to our skyline ….

Polo
2 years ago

Beautiful tower, congratulations are in order for Arquitectonica.

William
2 years ago

I guess the de-watering technique worked.. Those piles are super close together too… hmmmm

suomynona
2 years ago

Honest question: Why do those piles look like something you’d unearth from an archaeological dig?

suomynona
2 years ago

Kind of an incomplete thought/question.

What I meant was, they look old/dirty, as opposed to new/clean. If that makes sense.

Anonymous
2 years ago

They are created underground and then the top is exposed by an excavator. That’s why it’s not ‘clean’.

Anonymous
2 years ago

Cool tower.. Edgewater becoming gentrified.

Anonymous
2 years ago

I would hope so with a top-heavy tower. Still, it would look more cooler and graceful if it was flipped upside down and inverted, with upper units having large terraces on the setbacks.

Anonymous
2 years ago

Then it would look like a Miami knockoff of the Empire State Building.

Anonymous
2 years ago

Great design and project but WAY overpriced for the area… Starting at 1.5M/unit the developer is charging buyers “Oceanfront” prices when this building is just waterfront… If this were in Sunny Isles, SoBe, Surfside or Bal Harbor these their prices would make more sense….Not in Edgewater

Anonymous
2 years ago

Gee, another “pricing expert.”

Anonymous
2 years ago

Maybe you’ve heard the expression “Numbers speak louder than words buddy”.. if you want further proof go to Elysse’s sales center and find out how many ACTUAL units they’ve sold and have deposits for out of their 100 units since they announced pricing. Ask me how I know…

Anonymous
2 years ago

Maybe you need to reread the first sentence in the article, because it says “Elysee is one step closer to beginning vertical construction.”

Apparently your “numbers” speculation means nothing to the developer.

Anonymous
2 years ago

Maybe you need to learn how “vertical constructions” occurs first. One step closer means exactly that: That it’s not there yet. You need sales for a construction loan, and you need a construction loan to go vertical. And even after going vertical there are still ALOT of unsold units.. 1.5M for a bayfront condo in Edgewater which is Elysse’s cheapest unit is not the same as 1.5M for an oceanfront condo. Sure, they’ve sold some units, but this is too high end for Edgewater and it is being reflected in the developers sales since they announced pricing and started taking reservations. And that my friend is an accurate statement. Again, ask me how I know..

marc
2 years ago

No one ask this person.

Anonymous
2 years ago

Ok Marc, I won’t.

Anonymous
2 years ago

You guys think this could be Elysse’s developer commenting on here ?? Hmm ? lol

Anonymous
2 years ago

Why would I be Elysee’s developer? In case you haven’t heard, announcement and construction of new condos has slowed because of high volumes in Miami and some developers have even canceled projects because of that. If you don’t believe me, just ask Jorge Perez.

Anonymous
2 years ago

You are answering a question that no one asked. If you think they are overpriced, don’t buy one, no one cares.

A. Nonymous
2 years ago

According to their website, smallest unit on low floor is 2209 sq ft, plus 439 sq ft of outside space with both east and west views.
$1.5mm / 2209 sq ft = $679/sq ft of interior space. That doesn’t seem wildly out of whack with other “luxury” buildings in the area.

Anonymous
2 years ago

You are approaching it on a $/SF model where the SF price is alligned with the area’s pricing, however, you’re not factoring in diversity of units… Their smallest 2209 SF units puts them at 1.5M which is unateniable for most if not all of Edgewater’s “Millenial” population. And as an educated regular buyer (which in all likelyhood would be a foreign one) 1.5M goes a long way in other similar projects in other “better” areas… So yes, I would agree and understand why many of their units havent sold yet….