Grupo T&C Launches Sales at Miami Condo Project
Douglas Elliman Development will be leading the sales and marketing efforts.
Peru-based Grupo T&C has launched sales at Edge House Miami, a luxury condominium tower that will encompass 600 residences in Miami’s Edgewater neighborhood. Douglas Elliman Development Marketing has been tapped as exclusive sales and marketing agent for the project.
The development team also includes Kobi Karp as architect of record, interior designer Adriana Hoyos Design Studio and Witkin Hults & Partners as landscape architect.
Edge House Miami will rise at 1825 Northeast Fourth Ave. and will include studio, one- and two-bedroom residences ranging from 375 square feet to 1,242 square feet. The condo units will feature floor-to-ceiling windows, built-out closets, high-efficiency washers and dryers, kitchens with stainless steel sinks and European cabinetry, bathrooms with frameless glass showers and private outdoor terraces in select residences. The condominium prices will start at $400,000.
The development’s amenity package will include a swimming pool with jacuzzi, poolside terraces, indoor and outdoor lounge areas, a wellness center, a fitness center with a private yoga studio, a kids club and a coffee bar. Additionally, the condo tower will also include concierge services, a coworking center with open offices and private meeting rooms, a welcome reception with concierge, as well as a lobby lounge with a bar and snack service. Outdoor amenities will consist of a wraparound garden and an outdoor park with a private dog area.
Edge House Miami will be close to Margaret Pace Park and to the Arts and Entertainment District, 3 miles from downtown Miami, 8 miles from Miami International Airport, 9 miles from Hialeah, Fla., 19 miles from Hollywood, Fla. and within 28 miles of Fort Lauderdale, Fla.
A booming condo market
Despite a challenging financial climate, demand for ultra-luxury condo properties in Miami remains robust, sustained by wealth migration. Since the start of the year, multiple condo projects have been launched in the metro. Just recently, Turnberry secured a $172 million construction loan for the development of ONE Park Tower, a condominium project currently underway in North Miami. The 292-unit project is already 60 percent presold.
Last month, a joint venture between Related Group and BH Group launched sales at a 350-unit condo development in Hollywood, Fla. Dubbed Icon Beach Waterfront Residences, the project is expected to be completed in about two years. And in February, Merrimac Ventures and Aria Development Group secured a $95 million construction loan for 600 Miami Worldcenter. The 32-story condo tower will encompass 606 residences.
