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EDEN Multifamily and The Dermot Company Unveil Plans for Downtown Miami High-Rise Residential Project
EDEN Multifamily is partnering with developer and investor The Dermot Company to bring a Class-A, luxury rental residential tower to downtown Miami’s Park West district. EDEN and Dermot plan to develop a 44-story, 430-unit high-rise designed by award-winning architect Kobi Karp. Construction is expected to begin in 2024.
The project site is located at 1018 N. Miami Ave. Plans call for 8,000 square feet of retail space on the ground floor. The building will also feature more than 25,000 square feet of indoor and outdoor amenity space, including a luxurious pool, fitness center, health-and-wellness areas, club rooms, coworking spaces and more. The project will be designed, constructed, and operated to the latest ESG investment principles and standards for commercial real estate for resiliency and environmental certification.
Greenberg Traurig is representing the joint venture in the land-use process. Jordan Karp LLC brokered the pending acquisition of the project site.