With a Modernist appearance resembling the Olympic torch thanks to a three-tiered exterior structure and a floor plan that grows larger the higher up one goes, Elysee Residences is set to become the tallest structure in the Miami district of Edgewater.
The newly released design comes from the project’s architect, Arquitectonica, Arch Daily reports. Additionally, Jean-Louis Deniot and Two Roads Development are also part of the Building Team.
The structure’s three tiers are meant to divide the building into three vertical neighborhoods (which may be a bit of a disconcerting idea for anyone who read the 1975 British novel High-Rise or saw the recent movie adaptation) and will consist of 100 half- and full-floor luxury condominiums that include between three and five bedrooms. Each unit will have direct water views.
Construction is planned to begin at 700 NE 23rd St in Miami in the next few months with a target completion date in 2018.
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New data shows low construction prices may soon be coming to an end
New federal data released recently shows sharp increases in the prices of key construction materials like diesel, copper and brass mill shapes likely foreshadow future increases in construction costs, the Associated General Contractors of America said. The new November producer price index (PPI) report from the Bureau of Labor Statistics provide the strongest indication yet that construction prices are heading up, the association noted.
