The Edgewater area has blossomed within the past few years into a wonderful pedestrian friendly community. Centrally located, Edgewater is just north of Brickell and Downtown Miami, south of the beautiful Design District and Midtown, and a short drive away from Miami Beach, Coral Gables, and Coconut Grove. Many companies have been fighting for a retail spot in the area. The Real Deal reports, “Developer Fifteen Group has recently unveiled plans to renovate the historic First Church of Christ,” leading to the speculation that Trader Joe’s could be a prospective tenant. The square footage and location match within Trader Joe’s criteria. Publix, located a block away on 17th and Biscayne Boulevard, opened up in 2012 and became one of the busiest stores within the chain in no time. I’m sure Edgewater residents would be thrilled to welcome another grocery store to their community, a little competition is always good!
So many exciting new projects underway for Edgewater it’s hard to keep track! The foundation for the first tower at Paraiso Bay has just been poured by Related Group, almost a month after receiving their $93 million construction loan for the four tower luxury complex. The complex will host 1,300 residences, each with Bay views, private elevator and foyer, 9 foot ceilings and large balconies. The Related Group also plans on extending the project by creating a luscious waterfront park open to the public. I have to ask, can any park be as beautiful as Margaret Pace Park? That gorgeous, dog-friendly, expansive park along Biscayne Bay in front of 1800 Club, Quantum on the Bay, Cite, and Paramount is one-of-a-kind, and will be hard to beat. Love it!
To learn more about real estate in Coconut Grove, Coral Gables, South Miami, Pinecrest and Palmetto Bay, contact Val Byrne at [email protected] or at 305-323-6231. Val Byrne – Working For You!