Vida Residences Edgewater Announced, Will Have 121 Units

·59 Comments

Plans have been revealed for a new condo project in Edgewater called Vida Residences.

Vida Residences is planned to rise 9 stories and include 121 units, according to an email blast sent by brokers.

Condos will be delivered fully furnished and will be allowed to be rented on a short-term basis using platforms such as Airbnb.

Groundbreaking is planned for Q1 2023, with top off in Q4 2023 and completion in Q3 2024.

Kobi Karp is the architect, with interiors by Euro Design Group. The developer is Urbana.

 

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Anonymous
9 months ago

The city has to stop all these short term rental building. There’s a housing crisis and these project do nothing to alleviate the problem. Also they do nothing to create community. Why does Miami want so many transient people around the core.

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Anonymous
9 months ago

These are just hotels with less oversight. Miami will regret having so many Airbnb buildings in the future. Unfortunately the people who stay in these short term rentals don’t care about the community. Look at Opera Tower it’s a cesspool and it hurts the surrounding area.

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Anonymous
9 months ago

Really? I thought it was that giant vacant mall that has been vacant for 25 years.

-1
Anonymous
8 months ago

So true. Aria is getting a mess to. Small buildings is the futur. Sorry real estate people 💅🏻

2
Vince
8 months ago

#1. “using platforms such as Airbnb” is just incomplete reporting. They may also be using Marriot Homes & Villas, or any of a number of extended stay platforms.
#2. Opera Tower is an extreme outlier. This is a failed project from the banking crisis that never had great management. The Club at Brickell Bay had a similar trashy period, but the current management learned and adapted. The Club is probably 50% Short Term, 30% Investors, and less than 20% owner occupied, but the building isn’t a dangerous dump like Opera Tower.
#3. It is a big mistake to assume that people who rent for 21 days or 4 months don’t care about the community. Very often, they chose these properties specifically for an apartment community feel with some discount to hotel costs (ie. “resort fees” and other junk). Yes, some idiots will be idiots. It is incumbent on owners/management to set up guidelines on how and who are staying and what the rules and regulations are.

3
Anonymous
9 months ago

Everybody that owns a property wishes at the very least to have the freedom to do short term leases if they wish to. This does not mean that the entire building will be full of transient people. But even locals wish they could put their property on Airbnb while going on a week end getaway, that should be right

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Anonymous
8 months ago

Not true, I own property and do not wish to do short term leases. I purposely only buy in buildings that only do 1 year leases. I’m very happy when a tenant re-news their lease.

3
Anon
9 months ago

Bet you’re a renter

1
Anonymous
9 months ago

Big apartment or house sizes were fine when the earth’s population was like, four billion people… but now, with the earth’s population at like, eight billion people and the price of everything through the roof?! It’s just not feasible anymore.

-3
Anonymous
9 months ago

^
Haha.. some people gave this comment “two thumb” votes as if they built something.

0
NYC Transplant
8 months ago

Virtually every developed country has birth rates well below replacement rate, and by well below I mean 75% of replacement rate or less. The U.S., by itself, has enormous empty spaces mostly owned by the Federal government. Take a look at Federal land ownership by state. In some western states, it’s over 95%. Malthusians have been wrong since Thomas Malthus first put pen to paper. Before long, we’ll be reading about the crisis of underpopulation as economic growth collapses without the tailwind of native population growth. Japan and China may be the first two places to watch as neither takes in many immigrants. So yes, big apartments and houses are just fine.

1
Vince
8 months ago

So true NYC…
The Federal Gov’t is the #1 Land owner in the USA by a VERY wide margin. Add in State owned land, and local gov’t ownership (like school boards, water districts, etc) and the USA especially, has thousands of acres available.

Just take the acres owned by the Miami-Dade School Board.
There are plenty of opportunities to develop vertical housing with schools (like they are doing in Brickell), or workforce housing for teachers themselves.

These things are happening in Miami now, but they don’t get reported here. It just isn’t that sexy.

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Vince
8 months ago

True.

0
Truth Matters
8 months ago

You might have given me the thumbs down because you know it’s true.

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Anonymous
8 months ago

If you don’t like it than move into a building with covenants against in place to build against short term rentals. But who are you to tell any private developer what they should or shouldn’t build. There is obviously a needed demand for such in the marketplace, otherwise it wouldn’t be built as such.

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Anonymous
8 months ago

The local government can simply change laws to restrict short term rentals. If you look at any real major world city you will find that Airbnb are destroying their cores. That’s why many major European city’s are already starting to restrict them

-2
Vince
8 months ago

Can you give an example of a “real major world city” where AirBnBs are “destroying their cores”?

4
Anonymous
8 months ago

Barcelona, Amsterdam, Venice…

-1
Anonymous
8 months ago

Funny I’ve spent time in all those places recently and they seem to be in great shape! Could it just be the uber-critical Boomers scared of anything new?

0
Vince
8 months ago

Not true Ana.
The people that I work with are tackling the housing issue by advocating for high density around transit, especially family sized units, eliminating parking minimums, and allowing for surplus government land to repositioned/redeveloped, and a plethora of other solutions.
The only line that I’ve seen drawn between parties has been that Leftist advocate for more programs and subsidies to make renters into renters for life, whereas, the Conservatives tend to advocate for more programs encouraging home ownership to build equity and generational wealth. Overall, gov’t isn’t the solution, it is the problem.

0
anonymous
9 months ago

That lot has had about 5 proposals over the last 10 years, let’s see if this comes to fruition. Also, I agree, enough with the airbnb buildings…they do nothing to contribute to a neighborhood feel or quality of life in an area. They usually just attract a bunch of trashy people looking to come here and act like fools. I used to live in Opera, so I speak from experience.

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Truth Matters
9 months ago

So the same thing could be said for a hotel?

2
Zonked
9 months ago

Agreed, let’s focus on actual housing before we build any more luxury hotels

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Lenny
9 months ago

Whose “we” ?

3
Anonymous
9 months ago

He said – “let’s focus.”

lol…

0
Vince
8 months ago

He said – “we build”.

You said, “lol”.

0
anonymous
9 months ago

No hotels are usually in commercially zoned spaces surrounded by other hotels, not smack dab in the middle of residential areas.

8
Vince
8 months ago

410 NE 35th Terrace is “smack dab in the middle of residential areas”.??
It shares a property line with McDonald’s, and is across the street from Taco Bell.

Okay community builders….let’s restrict Short Term Rentals so that Long Term Renters can amplify the civic pride and keep those mom & pop Wendy’s, Pollo Tropicals, and mega-gas stations on Biscayne Blvd real.

2
Lenny
9 months ago

Yes, IF people were being honest and thoughtful about the issue.
That’s a big IF.

0
NYC Transplant
8 months ago

The difference is that hotels are better equipped to deal with the nonsense created by weekend revelers. Apartment buildings are less so. I spent three months at 485 Brickell after arriving in Miami, and it was a circus. Pot smoke 24/7, people traipsing through public spaces in pajamas or in various stages of undress. Prior to that, I’d spent a week at the W in the same building. I can assure you the public space decorum was far better at the W.

8
Anon
8 months ago

What exactly happened to opera…why didn’t owners oust the board and take back the building…when it first opened it had a beautiful light feature on the west and east rooftop and I often thought about possibly buying there…soooo glad I didn’t…but still hope it turns itself around and becomes a better building….

1
anonymous
8 months ago

Long Short, the condo docs were silent to short term rentals (i.e. they were allowed). Most of the building was scooped up by investors between 2009-14 during the recession. As airbnb gained popularity they wanted it to remain because they were making tons of money. In order to change the condo docs you needed 66% of the voters to vote for it….there werent enough owners to do so nor was there the will to replace the board. Finally during the pandemic the city became wise (after the story on channel 7) that the building was operating as a de facto hotel but was registered as a condo/apartment so it was in violation of Miami 21. Now the city banned short term less than 30 in the building. So the building has improved drastically, but like all things Miami there are still some who try to skirt the rules and do daily rentals. The building did get facial recognition security and I also have heard they completely renovated the pool and gym. Still having lived through the worst of the airbnb I can say I am not a fan. The quality of life stinks and the effect on the neighborhood is damaging.

7
Vince
8 months ago

Similar thing that happened to Opera happened to Icon Brickell.
Note that both of those building delivered in the banking crisis. Pre-construction, individuals paid deposits with the intention to own. Miami was redlined as the banks collapsed, and no individuals were qualifying for loans as the property values plummeted.

Major investors came in and paid cash to buy units in bulk, or developers (Opera) kept the units and renegotiated with their banks. The used their votes to change condo documents and began running these buildings as apartment buildings without regard to intense screening of tenants. Axis Brickell, the Club at Brickell Bay, The Vue, they all were overrun with parties, kids with diapers in the pool, cigarette butts raining off the balcony etc.

Good building management can turn it around.
In the buildings that are starting with the freedom for Short Term Rentals as an option, they will attract investors intent on protecting their real estate investment and their furniture package. Smart owners/management will use technology like in room tobacco/canabis/vape detectors, noise detectors, cell phone counters, and a robust screening process, etc to limit the unruly fools.

1
Anonymous
9 months ago

With so many new projects allowing short-term rentals, I think the new condo buildings that don’t allow short term will be even more coveted. Not all residents want to live in that type of environment. Is this short-term development typology being overused to attract foreign investment capital, or will it work out in the long run?

13
Magazine
9 months ago

Complete lack of vision from city leaders allowing the non-stop proliferation of short term rental projects. Look at the building that is the biggest disaster in Edgewater – why? STR. Look what has happened to Miami Beach – why? STR. This has the potential to be such an amazing live, work, play area. Instead, it will be destroyed by the over-abundance of STR. The condo-owner STR model will eventually bring a lot of investor pain.

5
Conno Sir
9 months ago

I think it’s a beautiful project and the right height for the area too.

4
Anonymous
9 months ago

“the right height for the area” is just your opinion, because that’s what pleases your eyes. I could say it should be 14 to 16 stories tall… am I wrong?.. because again, that’s just an opinion for an area where they could build even taller than that.

-3
J.M.
9 months ago

Relax, Karen…

11
Anonymous
9 months ago

^
Haha.. another “gas lighting” Kevin.

-4
NYC Transplant
8 months ago

Development involves tradeoffs. While I wouldn’t wish NYC-style overregulation and litigation on Miami, I can see some downsides to the current development path. I’m not sure how or whether these need to be managed, but there are risks. For one, Miami streets and avenues are quite narrow compared with Manhattan. Both for traffic purposes but also visual congestion, tall buildings being built too close together could result in some quality buildings becoming undesirable. Look how close 830 Brickell is to the SLS to its west, for example. Also, visually, having a long row of buildings built to the same FAA height limit is going to ultimately detract from the skyline. It’s certainly worth considering how to maintain a light regulatory touch while maintaining some heterogeneity in the skyline as the city blossoms.

2
Vince
8 months ago

“tall buildings being built too close together could result in some quality buildings becoming undesirable. Look how close 830 Brickell is to the SLS to its west, for example.”

Interesting choice, and that is possibly the worst example to prove a point one can imagine.

On the heels of Citadel leasing 6 floors in 830, 60k signed by Sidley Austin, Baker McKenzie, Thoma Bravo, etc etc etc. you are making the point that zero lot lines make buildings undesirable?

The market is saying that 830 Brickell rents are upwards of $100 NNN and as high as $150 per square ft. That is the highest in Miami, probably highest in SE United States for a 600,000 sq ft office building.

That Grutman/Bad Bunny Restaurant in SLSLux sold for close to $15m, which is a very big price for a restaurant.

I love NY, and it is certain that there are more zero lot line buildings there than in Miami. Of course, there are more people there.
Not too many alleys for the trash removal though. Very stinky summer sidewalks in the commercial districts where alleys and air conditioned trash rooms (as is Miami’s code) do not exist.

If you don’t have enough alleys, of course you can have wider streets.

0
J.M.
8 months ago

A whole lot of assumptions in your statement. Imagine finding a way to blame this on people from the Midwest? I hope you are doing some stretching for all that reaching you are doing, Karen.

-1
Anonymous
8 months ago

…an opinion ON AN OPINION FORUM!!!….how dare he?

0
Not Anonymous
9 months ago

Finally a development in Edgewater that isn’t a condo tower hugging the coast! Hopefully this will spur development in the area. Should be longer term rentals, though.

4
Rocky
9 months ago

The Lamborghini SIAN was a funny addition to the rendering just due to how rare that car actually is compared to a Huracan… The building itself looks nice as well especially the interior. I am not a fan of the AirBnB short term rentals just due to the housing crisis we are experiencing.

4
Anonymous
9 months ago

Would be better without the sticks running up and down the building in random places, but certainly an improvement over Kobi Krap’s last turd proposed on this site.

3
Melo is sigma and chad
9 months ago

If you look at the first photo there is a building that didn’t even finish the first floor, what was that building suppose to be and will it ever been developed.

2
dj milligrams
8 months ago

malchiks and proles from far and wide come to sunny miami for vacation…..and as said before the lobby will be trash like the paraiso tower set built on brasilian parked bank accounts

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anonymous
9 months ago

Nice, love the height!

1
Anonymous
9 months ago

Please.. this looks like a hotel from the 1980’s.

0
Anonymous
9 months ago

I don’t think you were alive back then.

4
Anonymous
9 months ago

if that rooftop is a public accessible restaurant that would be great…looks really nice…

1
Anonymous
9 months ago

Nice! Hopefully this begins to round out Edgewater as a neighborhood.

1
pork rinds
9 months ago

design worthy of uzbekistan hyatt regency….very late 20th century former eastern bloc….but the airbnb guests have their choice of all the grease-ville joints around the corner-micky-d’s,taco-tico,wendy’s,pollo bland tropicale,7-11 hot dogs,and denny’s…but not bars on biscayne…gotta walk over to that fake new orleans spot on 2nd ave for that and no liqour there….

0
Anonymous
9 months ago

The previous proposal looked more “Former Eastern Bloc” meets Kobi Krap’s loose inspiration from MiMo cues that never even existed

3
Melo, the true giga chad
9 months ago

Decent building but it could have been taller and not as fancy. Its probably gonna $600K for a 2 bedroom. We need density, especially in Edgewater, not some investment opportunity for Airbnb hosts…

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Anonymous
8 months ago

No. The size is perfect.

0
Anonymous
8 months ago

It’s not “we”, it’s “you”. There is a market to be served with this, hence the plans for this. The market for your $300K 2 bedroom condo desire is a 1970s built condo in Kendall. Not a new building in Edgewater near your giga chad job at Melo.

1
popeye
8 months ago

big buildings….big boobs…..big buildings….big boogs……..

4