Miami review board recommends approval for Arquitectonica’s top-heavy condo tower

A 57-story luxury condo tower in Miami is one step closer to being built.

This week, Miami Today reported that the city's Urban Development Review Board recommended the approval of Elysee Miami, which will hug the waterfront in the Edgewater neighborhood.

Architect Bernardo Fort-Brescia, of the Miami firm Arquitectonica, designed its three-tier shape that gets wider as it gets taller. It will have only two units per floor (100 condos total) with 3-, 4-, and 5-bedroom layouts. Floor-to-ceiling glass windows and sliding balcony doors will provide unobstructed views of the city and the ocean. Condo prices start at $1.67 million.

The building has plenty of perks, with services including valet parking, white glove concierge service, and even robotic parking. It has two full floors of amenities: The seventh floor will have a 75-foot pool, a yoga studio, fitness center, and guest suites, and the 30th floor has a 30-guest dining room, chef’s kitchen, business center, and resident wine storage.

Unlike many newer projects, the Elysee Miami will not have retail or restaurant space at its ground level.

Two Roads Development is the developer of the Elysee Miami, and Jean-Louis Deniot is the interior designer. It is expected to be completed in 2018.

Clark Group, Suffolk Construction, Summit Contracting Group, Whiting-Turner Contracting, and McShane Companies top the ranking of the nation's largest multifamily housing sector contractors and construction management (CM) firms for 2023, as reported in Building Design+Construction's 2023 Giants 400 Report. Note: This ranking factors revenue for all multifamily buildings work, including apartments, condominiums, student housing facilities, and senior living facilities.

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Senior living construction poised for steady recovery

Senior housing demand, as measured by the change in occupied units, continued to outpace new supply in the third quarter, according to NIC MAP Vision. It was the ninth consecutive quarter of growth with a net absorption gain. On the supply side, construction starts continued to be limited compared with pre-pandemic levels.

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MFPRO+ News | Oct 6, 2023

Announcing MultifamilyPro+

BD+C has served the multifamily design and construction sector for more than 60 years, and now we're introducing a central hub within BDCnetwork.com for all things multifamily.

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