701 NE 29 TH TERRACE WATERFRONT RESTAURANT SPACE FOR LEASE OR SALE - BISCAYNE BEACH
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1 701 NE 29 TH TERRACE WATERFRONT RESTAURANT SPACE FOR LEASE OR SALE - BISCAYNE BEACH
2 SPACE RESTAURANT SPACE: ± 5,475 SF Newly constructed high-end residential Neighboring tenants include: WRAP AROUND TERRACE: ± 2,360 SF tower with 391 units - 99% sold out POSSESSION: Immediate Unique waterfront space SALE: $3.5 Million Ample parking RENT: Upon request Restaurant infrastructure in place Residential tower now fully open and
3 FLOORPLAN AVAILABLE ± 7,835 SF PARKING GARAGE LEVEL 3 BISCAYNE BAY
4 AERIAL
5 PICTURES
6 AERIAL MAP
7 NEIGHBORHOOD Edgewater Edgewater is a neighborhood in Miami, Florida, United States, located north of Downtown and Omni, and South of the Upper East Side. It roughly bound by North 17th Street to the South, North 37th Street to the North, the Florida East Coast Railway and East First Avenue to the West and Biscayne Bay to the East. Edgewater is primarily a residential neighborhood, with many historic early 20th century homes. The neighborhood has many high-rise residential towers to the East along Biscayne Bay, and historic homes elsewhere in the neighborhood. Since 2000, the area has grown in popularity, due to its proximity to Downtown and neighborhoods such as the Design District. Recent developments in the neighborhood have brought rapid urbanization to the area, with the construction of high-rise and mid-rise residential buildings, and more retail. Proposed Towers to name a few: 1. Baltus House Units 2. Bay House Units 3. Chelsea Tower Units 4. Crimson Residences - 90 Units 5. M Bay Units 6. Icon Bay Units 7. Biscayne Beach Units 8. Paraiso Bay Units 9. ION Units
8 NEWS Chef Michael Schwartz Announces Waterfront Restaurant and Beach Club at Paraiso Bay Chef Michael Schwartz and Jorge Perez, the CEO and Chariman of The Related Group, have just announced a collaboration for a waterfront restaurant and beach club at Paraiso Bay and One Paraiso. Located in the East Edgewater neighborhood, this new collaboration is still in the early, early phases. We re going to do something really special here. The restaurant still does not have a name or expected opening date, but look for Schwartz s signature approach to dining with fresh ingredients and solid food and drink. Although a menu has not been worked yet, Schwartz and his team are already teasing potential condominium buyers with his cuisine at the project s Paraiso Bay Fridays at Edgewater events. In a statement, Michael Schwartz said, the Edgewater community is one of Miami s hidden gems. Paraiso Bay will bring something truly unique to the mainland and deserves a waterfront restaurant to match. We re going to do something really special here. Swiss landscape architect Enzo Enea and global architecture firm Arquitectonica are working on the project to design a cohesive and fluid indoor/outdoorspace. Jorge Perez said of the project, we ll have Michael s incredible cuisine, gorgeous views of Biscayne Bay, a boutique beach club, all surrounded by Enea s landscaping, this is really going to be a paradise in Edgewater. It looks like at least one Miami celebrity is already set to make Edgewater Miami s newest ultratrendy neighborhood. Our music blog, Crossfade, has reported that David Guetta purchased an apartment at the complex. For more information on this article please go to:
9 PROJECTS Midtown Residential Units Midtown 5 Midtown 5 offers the ideal blend of elegance and edge with 400 brand new rental apartments. Built with sustainable materials and design for LEED certification, Midtown 5 presents innovative floor plans, 54,000 square feet of indoor and outdoor fitness amenities, covered breezeways, gathering spaces, a rejuvenating pool, spa, sauna and green space. Hyde Midtown Hyde Midtown Hotel & Residences is the brainchild of visionary developer Jorge Pérez, Chairman and CEO of The Related Group, lifestyle creator Sam Nazarian, Founder and CEO of sbe, and design genius David Rockwell, Founder of Rockwell Group. Every space within Hyde is a dream brought into reality. It is a celebration of the essence of Midtown its unique light, color, vibe, and texture. This modern marvel will contain 440 condo units. District 36 District 36 is a brand new development located right in the heart of the Miami Design District/Midtown area. The site spans the entire northern block front of NE 36th Street, from NE 1st Avenue to NE 1st Court, perfectly situated on the edge of the two Districts. This development will contain approximately 63,000 of retail space, of which 27,000 SF will be on the ground floor and 36,000 SF on the second floor. In addition, there will be 195 hi-end rental units on-site. Edgewater Residential Units Baltus House Bay House Chelsea Tower Chiquita AMLI Residential, a Chicagobased developer of luxury apartments, bought the 6.6 acres of vacant property, which was the former site of a Chiquita Banana shipping facility. AMLI has approved plans to develop about 700 apartments on the site, between 2900 to 3010 Northeast Second Avenue in Miami, according to CBRE, which brokered the sale. AMLI plans two rental building, designed by Zyscovich Architects. The north building would have 485 units in 12 stories. The south building would have 215 units in eight stories, according to a release. The Crimson Midtown 29 South Florida developers Adler Development, Encore Housing Opportunity Fund and Fifteen Group are teaming up to build a rental apartment tower in Miami s Midtown neighborhood. The companies formed a joint venture to develop Midtown 29 at 190 Northeast 29th Street, according to a written statement released on Tuesday. Plans call for about 309 apartments, with a mix of studios and one, two and three-bedroom units. Retail space would be located on the ground floor. Icon Bay Triptych Midtown 6 & 7 Triptych, a mixed-use hotel development proposed for the northern border of Midtown, received unanimous approval from Miami s Urban Development Review Board on Wednesday. The developer, HES Group, is a firm that got its start redeveloping hotels in Venezuela and is now headquartered in Miami. The group s plans are for a 20-story building on the empty lot at 3601 North Miami Avenue, which saddles up to I-195 s Midtown exit. The building will house 297 hotel rooms, 21,441 square feet of commercial and retail space, and 65,494 square feet of office space. M Bay A large parcel in Midtown Miami where the Midtown 6 condo was once planned is in contract, and the buyer also has an option to purchase the Midtown 7 site. An affiliate of Commingled Pension Trust Fund (Strategic Property) of JPMorgan Chase Bank signed a memorandum confirming the contract on the 93,140-square-foot Midtown 6 site and an option on the 80,365-square-foot Midtown 7 site. Paraiso Bay Baltus House - a co development with Related Group of Florida in the Design District. It will be a 15 story building with 167 units overlooking Biscayne Bay Biscayne Blvd. Miami, Fl Surrounded by amazing scenery, Bay House at East Edgewater offers fortunate owners, wide open views across the blue waters of Biscayne Bay, overlooking the isles of Miami Beach and Key Biscayne and the vibrant city lights of Downtown, Midtown and the Miami Design district. Bay House will be a 38 story building with 165 units. The mixed-use building at 1550 Biscayne Boulevard is now slated to contain 15 floors of parking spaces, 10 floors for offices and 23 floors of condominiums. Under the plan, there will be 675 parking spaces, 222 residential units and 170,564 square feet of non-residential space. The Crimson is a 19 floors with 90 exclusive residences located at the upcoming Edgewater District neighborhood, featuring 1, 2 and 3 bedroom residences featuring gorgeous views of Biscayne Bay and Miami Beach. Related Group, which has developed a number of luxury condo developments in South Florida, is the developer behind Icon Bay in conjunction with the world-renowned architectural firm Arquitectonica. Icon Bay, 40 stories with 299 units each with private elevator access and panoramic views of Biscayne Bay and the Miami Beach skyline, offer 1-3 bedroom units ranging from square feet. The glassy condominium tower, called MBay, will rise 39 stories, or 444 feet, and is designed by Arquitectonica. The property is located on the bay, between NE 26th Street and NE 26th Terrace. Hyperion, the developer, is planning to build 129 residential units, the maximum permitted on the.85 acre property. The project will contain 205 parking spaces on levels 2-7, the minimum required under Miami 21. Nearly a month after receiving a $93 million construction loan for its 53-story tower at Paraiso Bay, Related Group poured the foundation for the tower, the first of four in the complex. The first tower will have 325 units out of the complex s planned 2,000 units, the Next Miami reported. The first tower, designed by Arquitectonica, is scheduled for completion in 2016 and will have swimming pools, tennis courts, and other amenities.
10 DEVELOPERS GTIS PARTNERS GTIS Partners is a global real estate investment firm headquartered in New York with offices in Los Angeles, San Francisco, Sao Paulo, Brazil, and Paris, France. President Tom Shapiro and Senior Managing Directors Josh Pristaw, Rob Vahradian, Tom Feldstein, and Joao Teixeira manage the firm founded in GTIS Partners has 75 employees and currently has approximately $3.1 billion of assets under management. The firm has committed capital to residential, retail, industrial, office, hotel and mixed-use projects in the U.S. and Brazil, and is among the largest real estate private equity companies in Brazil. The principals of GTIS Partners have over 130 years of investment, legal, management, and operations experience, which spans all major property types and geographies. EASTVIEW DEVELOPMENT Eastview Developement is a leading real estate development firm whose principals have combined over 120 years of experience in developing, financing, and marketing residential and commercial real estate projects across the United States. Eastview s development portfolio spans projects across the country, including condominium and multifamily developments in Florida, as well as office and multifamily projects in New York State. BC ARCHITECTS BC Architects brings over 23 years of experience in design, production, and construction administration with projects throughout Florida and the Caribbean. They are known for their keen ability to maximize the design and financial potential in every building. Their philosophy is to do what works, uncover what makes sense, discover eficiencies and solve problems. Senior Director Jonathan - Retail Carter Leasing
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