The 399-unit high-rise will bring the beach to
the city boasting Miami’s newest beach club directly on Biscayne Bay.
Internationally-acclaimed celebrity interior
designer Thom Filicia will bring his sophisticated classic style to the
aesthetic and sensibility of Biscayne Beach.
MIAMI, FL – July 15, 2013 – The
beach just got closer to the City of Miami courtesy of Biscayne Beach, the
newest luxury condominium to launch in the fast-growing neighborhood of East
Edgewater. Located on a 3-acre site, the 51-story high-rise tower will boast
Miami’s newest beach club with 335 linear feet directly on the beautiful waters
of Biscayne Bay – complete with white sand, swimming platforms and water
sports. Biscayne Beach will break ground in the first quarter of 2014, with
completion slated for 2016.
Biscayne Beach will offer 399 luxury residences,
with layouts ranging from one- to four-bedroom floorplans with den options, as
well as exclusive penthouses with private rooftop garden terraces. All units
will feature floor-to-ceiling glass windows, oversized balconies, and panoramic
sweeping views of Biscayne Bay, Miami Beach and the City skyline.
Preconstruction prices range from the $400,000’s to multi-million dollar
penthouses.
Biscayne Beach is being
developed by a joint venture between Florida-based developer Eastview
Development and global real estate investment firm GTIS Partners. Eastview
Development’s principals have over 120 years of experience combined in
developing, financing and marketing residential and commercial real estate
projects across the United States. Headquartered in New York, GTIS currently
manages approximately $2.3 billion of committed equity with 39 residential
projects across 11 states in the U.S., and more than 20 residential
developments completed and underway in Brazil.
“Miami’s East Edgewater is one of the City's most
vibrant neighborhoods, centrally-located near key employment centers, cultural
and entertainment outlets, shopping and dining destinations, and transportation
links," said Robert Kohn, Partner with Eastview Development. “Biscayne
Beach offers buyers from across the U.S. and around the world an opportunity to
enjoy a premium lifestyle with all the conveniences of luxury condo living and
the unique amenities that come with owning a piece of the City's first beach
club."
East Edgewater is conveniently situated with the
Venetian Causeway to the South, the Julia Tuttle Causeway to the North,
Biscayne Bay and the Beaches to the East, and Biscayne Boulevard to the
West. This neighborhood is at the center of numerous recreational and
lifestyle destinations, including the Design District (home to Hermes, Louis
Vuitton, Cartier, Celine and many more luxury boutiques), the Downtown Arts and
Entertainment District (the Adrienne Arsht Center for the Performing Arts,
Museum Park, etc.), the Wynwood Arts District, and the shops and restaurants of
Midtown.
“Miami’s standing as a center for international
business, shopping and leisure has fueled the resurgence of its real estate
market beyond that of most cities in the United States,” said Robert Vahradian,
Senior Managing Director of GTIS Partners. “For Biscayne Beach, we have tapped
the most talented industry leaders to help us deliver a development that draws
upon the best elements of the beach and city while appealing to a global
clientele.”
Adding to the excitement of Biscayne Beach will
be a collaboration with celebrity designer Thom Filicia, whose New York
City-based firm Thom Filicia, Inc. will serve as the condominium’s design
partner, making Biscayne Beach Filica’s first residential project in
Miami. An “A-List Designer” according to Elle Décor and named one
of the “Top 100 Designers” by House Beautiful, Filicia has designed
properties for numerous celebrities including Tina Fey, Peter Jennings,
Jennifer Lopez and Marc Anthony. He has also been the creative mastermind
behind several W Hotels, including the iconic W Westwood in L.A.
Filicia's recognition expanded beyond the design world when he was cast in the
Emmy-Award winning hit show Queer Eye for the Straight Guy. Filica’s
camera-friendly personality and design acumen have led to numerous TV
appearances including The Oprah Winfrey Show, Good Morning America,
The Tonight Show with Jay Leno, The View, The Today Show, Ellen,
Late Night with Conan O'Brien and many more.
“The beautiful design elements by Thom Filicia
combined with the area’s first and only beach club will make Biscayne Beach the
hottest address in the East Edgewater neighborhood,” said Alicia Cervera
Lamadrid, Managing Partner of Cervera Real Estate, Biscayne Beach’s exclusive
sales and marketing firm. “The resort-like amenities and unobstructed views are
all available at surprising prices for waterfront property, which is
increasingly difficult to find in this cosmopolitan city.”
The launch of Biscayne Beach coincides with
Miami’s emergence as a top residential market for buyers hailing from across
the U.S., Latin America, Europe and Asia. Miami’s accelerating sales activity
is being fueled by a surge of demand for urban, multifamily living. In the
City’s urban core alone, more than 97% of the 23,000 condos built during the
last real estate cycle are now occupied, according to the Miami Downtown
Development Authority. Diminishing supply, rising home values, and a gradually
improving economy are ushering in the next cycle of development.
Biscayne Beach residences will feature 10-foot
ceilings, floor-to-ceiling glass, and water and city views from every unit.
Beach Club amenities will include jet skis, wind sails, paddle boards, a beach
bar/restaurant, and beach club pool. The lobby of the building will feature a
high-end restaurant for residents, beach club members, and visitors to enjoy.
Additional building amenities include private lobby entrances for residents and
beach club members, separate owner parking, indoor/outdoor club bar, tennis center,
basketball half-court, beauty center, art gallery, theatre, business center,
meeting rooms, spa and fitness center.
For more information and preconstruction sales
opportunities at Biscayne Beach, please contact Cervera Real Estate at (305)
374-3434.
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About Biscayne Beach:
Biscayne Beach is a 399-unit luxury condominium
developed by a joint venture between Eastview Development and GTIS Partners in
the heart of Miami’s East Edgewater district. The 51-story tower will
bring the beach to the City with Miami’s newest beach club fronting the waters
of Biscayne Bay, complete with white sand, water access and premium amenities.
Located at 711 NE 29th Street, Biscayne Beach will break ground in the first
quarter of 2014, with completion slated for 2016. Learn more at www.biscaynebeachresidences.com.
About Eastview Development:
Eastview Development is a 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. Eastview
Development is based in West Palm Beach, Florida. Learn more at www.eastviewdev.com.
About
GTIS Partners:
GTIS
Partners is a global real estate investment firm headquartered in New York with
offices in Los Angeles and São Paulo. GTIS Partners has 58 employees and
currently manages approximately $2.3 billion of committed equity.
To date, the firm has committed capital to residential, retail, industrial,
office, hotel and mixed-use projects in the U.S. and Brazil. GTIS
currently has 39 residential projects across 11 states in the U.S., and
significant investment in Brazil. The firm’s principals have over 90 years
of real estate development, investment, management, and operations experience,
which spans all major property types and geographies. Learn more at www.gtispartners.com.
