CLIENT NEWS: Developer proposes multifamily, hotel tower in Edgewater

March 25, 2024

An affiliate of Urbanica Hotels has proposed a 35-story, mixed-use tower in the Edgewater neighborhood of Miami.

The city’s Urban Development Review Board considered plans for the 0.93-acre site at 3200 N.E. Biscayne Blvd., 237 and 229 N.E. 32nd St., and 246 and 230 N.E. 33rd St. on March 20. The property is owned by Miami-based Green Circle Development LLC, which is led by executives at Urbanica Hotels.

The site currently has three older apartment buildings with a combined 22 units, but it’s mostly vacant. Those structures would be demolished to make way for the new tower.

Totaling 677,813 square feet, the project would have 110 residential units, 160 hotel rooms, 8,443 square feet of commercial space and 383 parking spaces. The hotel rooms would be on floors 10 through 23, while the residential units would be on floors 24 through 33.

The building would have ballroom and pre-function space on the second floor. The amenities on the third floor would include a gym, sauna, yoga room, coworking space, golf simulator room, children’s room and dog spa. There would be additional amenities on the ninth floor, including a pool, bar, cigar/wine room, lounge, movie room, catering kitchen and padel court.

The hotel rooms would range from 660 to 1,009 square feet, with 140 one-bedroom rooms and 28 two-bedroom rooms.

The residential units would range from 660 to 1,433 square feet. There would be 64 one-bedroom units, 36 two-bedroom units and six three-bedroom units.

Local attorney Carli Koshal, who represents the developer in the application, couldn’t be reached for comment. Miami-based Arquitectonica designed the project.

“Edgewater is one of the more pedestrian-friendly neighborhoods within the city, and this project will contribute to its character,” Koshal stated in the application. “There are a number of attractions within walking distance, including Midtown, the Design District, and great restaurants in the immediate proximity …. The commercial, lodging and residential use of the property will improve the walkability of the area and promote transit use.”

There’s been a boom of multifamily development in Edgewater in recent years as people seek to live near downtown Miami, Wynwood and other popular neighborhoods. There have also been several new hotels.

Urbanica currently owns two hotels on Miami Beach.

Published March 15, 2024 on BizJournals.com

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