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Apartment Building May Replace Edgewater's Unity On The Bay

Apartment Building May Replace Edgewater’s Unity On The Bay

Yet another apartment tower may be coming to Edgewater.

Earlier this month, a pre-application meeting took place with Miami zoning officials for a project called Modera Biscayne Bay, records show.

The Modera project address is listed as 412 NE 22 St., which is the site of the Unity on the Bay church.

In 2015, the property was listed with an asking price of $39.75 million, and marketing material stated that up to 300 units were permitted. At the time, a listing broker told the SFBJ that the sale may have to be staged piecemeal, or as a sale-leaseback over 18-24 months to allow the church to find a new property.

Two blocks away, Modera Edgewater is under construction on 2.44 acres of land that developer Mill Creek Residential paid $20.5 million for. It will include 298 apartments and 436 parking spaces in an eight story building. Completion is scheduled for early 2019.

 

a mansion dating to 1917 is on the property:

(photos: phillip pessar)

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TheTruth
TheTruth

Great.. Another planned tower with 300 units that will come to market if built which basically means we’ll have another 300-500+ extra cars daily on the roads of Edgewater/Downtown/Brickell/Midtown/Mimo District where traffic is already a clusterfuck. Besides buyers (and in Miami’s case it’s 85% foreigners) this city needs INFRASTRUCTURE and PUBLIC TRANSPORTATION for both locals and tourists. I don’t need to mention that the Condo Market is as stagnant as it could be right now on anything priced 600k and above which is exactly what the price range will be for this project…and on top of that we have these idiots in office who ignore the traffic concerns to actually do something about it that takes off due to either their ignorance or corruption… or both. Miami politicians and developers at their best best…”build more buildings, saturate the Condo Market even more,traffic? What trafic?, we’ll worry about transportation issues later…” Yep, this is Miami, what else would you expext??

Anonymous
Anonymous

Like it or not all of Edgewater will be developed with condominiums such as this one. The reason is in the name E-d-g-e-w-a-t-e-r, the views are great and people (foreign or otherwise) want them. Your comment about “the condo market is stagnant” does not make sense. If the demand was not there developers would not build. The demand (again – foreign or otherwise) is very much there, whether or not most local people can afford it is completely irrelevant. Finally traffic comes with living in a big city, specially in the Downtown area, for those who don’t like it there are other areas better suited for them.

Anonymous
Anonymous

Edgewater is in demand because of affordable rent.. water views and near everything.

Jonathan
Jonathan

You call Miami a big city ?? Haha buddy please…..I bet the furthest you’ve travelled in your life is Broward County and Key West so that’s obviously why you don’t know what a REAL downtown looks like in size….Reality is Miami has a lot of potential, yet it is still 75 years behind REAL International big cities in terms of infrastructure and mass transport. Miami is only relevant because it’s a Port City AND THE PORT TO THE AMERICAS. South America and all its clean AND dirty money that fuels it’s Economony to be exact… Don’t believe me.. ? Google it and in the process you’ll find out what a TRUE big city looks like and broaden your horizons at least through a screen… FACT is Developers can build 1,000 residential towers in Edgewater in the next 2-5 years if they want…BUT WITHOUT THE PROPER INFRASTRUCTURE, LOCAL INDUSTRY AND PUBLIC TRANSPORTATION IT’LL CONTINUE TO BE WHAT IT HAS EVOLVED TO IN THE LAST 5 YEARS in terms of infrainstructure: A TOTAL clusterfuck with no solution in sight. And yes bud, the Condo Market is now stagnant wether you accept it or not because land and condo prices have soared to… Read more »

Anonymous
Anonymous

My friend just wait one year more. Remember the big fish here is Related and they already cancel 2 projects. Latin America is not producing money now like 4 years ago, just look the condo sales and review everything. Miami People don’t have the money to buy this condos, BTW when you see FHA is financing Condo like Canvas Something weird is happening, are they really selling? do not hear the realtors the big portion are not selling nothing.

Anonymous
Anonymous

Location, Location, Location, right on N. Bayshore Drive… those bay views will be spectacular.

Anonymous
Anonymous

I hope they restore the Eastwood/Ursine Mansion and associated structures from 1916 into a restaurant, clubhouse, event hall, etc. and NOT drop a crane on it and kill two workers this time.

mondocondo
mondocondo

Those are some nice interiors. Doubtful they will be restored though. Best chance might be to move it down the block. Cheers.

Anonymous
Anonymous

Moving it to the north end of Margaret Pace Park isn’t a bad idea, especially as it has been done with the Fort Dallas barracks to Lummus Park and the Dr. James M. Jackson buildings (office still exists) to Brickell in the 1920s.

With the Miami Woman’s Club being restored on the south end, the mansion buildings would make a great restaurant, park office, museum, and/or component to a public marina.

Anonymous
Anonymous

What a nice sentiment.

Jesus
Jesus

It’s great we are getting more development but when will the city and county get to build a park or something great for all people regardless of whom they are. How about we get an update on the Underline? How about we build that first? I know it’s the private sector that is doing this but if it’s true that property values will go up with the construction of the Underline, why not do it? Don’t mean to rain on anyone’s sense of optimism but it is good to introspect and see what direction we are going.

Anonymous
Anonymous

Large park is just a block away…

Anonymous
Anonymous

Private development is what is building Baywalk.. and Margaret Pace Park is a block away.

Go learn something.

Jesus
Jesus

Well, I wasn’t aware of that. I thank you for submitting a great post about what it is to come. I never see this type of development news being posted on TNM. I wish it were.

Anonymous
Anonymous

When he’s not blabbing over sea level rise, it’s “build a park,” assuming this is the same “Jesus.” Go figure…

Anonymous
Anonymous

Out of town posters crack me up… endlessly blabbering about parking garages.. if they actually took public transportation, they wouldn’t have any issues with traffic and stop signs.

mondocondo
mondocondo

What public transportation? You mean 40 people mover and the Dadeland line? Cheers

Anonymous
Anonymous

Ride the Metrobus mondocondo.. no harm with that.

“Riding a transit bus is 91 times safer than car travel.“

Anonymous
Anonymous

Liked for stealing my comment about MP Park being a dang block away, but please explain about “private development” building Baywalk. Outside of the mandate to include the frontage per Miami 21 codes and the DDA’s plans, I’m unaware of anything happening (well, besides Related’s marketing hoopla about building it, which is obviously never going to happen).

Anonymous
Anonymous

Love all these low-/mid-rises in the area–finally a realistic scale!

Anonymous
Anonymous

Funny, I see people are snapping up any and everything in the twenty, thirty, or even forty story range also, so how do you define “realistic scale?”

Anonymous
Anonymous

Nice location…no ghetto getting there like the new buildings north of there.

Anonymous
Anonymous

Uh.. wtf?

Dude, go back to your nap.

Anonymous
Anonymous

Go easy on him, Im sure buddy up here means the streets east of Biscayne Blvd leading up to Missioni Baia/Icon Bay/Paraiso/Biscayne Beach where you have to go past a few ugly houses from the Blvd to reach the the developed buildings… Just give it some time and all that will change bud. You’ll be seeing “less ghetto”, more boringly designed buildings and a shitload more traffic soon along with the new development, so don’t stress..