Oak Row, LNDMRK Start Work on Edgewater Apartments

Oak Row Equities and LNDMRK Development broke ground on 2900 Terrace, a multifamily tower in Miami’s Edgewater submarket. This milestone follows the closing of $210.5 million in construction financing, including a $142.5 million senior loan from Bank OZK and a $68.0 million mezzanine loan provided by Canyon Partners Real Estate.

2900 Terrace was designed by Arquitectonica. The building will feature Biscayne Bay views, with one, two and three-bedroom residences (324) with private and shared outdoor spaces. Completion is anticipated by Q4 2027.

The tower spans two levels of amenities including a fitness center, yoga studio, co-working spaces with podcast and content creator studios, card room, resident lounge, treatment rooms, sauna, golf simulator, theater, and a children’s playroom.

Outdoor amenities feature a swimming pool, cold plunge, poolside cabanas and lounge seating, BBQ grills and picnic seating, a hot tub, summer kitchen, two padel courts, a children’s playground, and a co-working terrace.

Attend Connect Southeast Multifamily on December 4^th in Key Biscayne when the market experts share the playbook for where capital is moving next, and how the region’s power players are positioning themselves to stay ahead of the national curve. Be there to explore the opportunities, challenges, trends, and the future outlook for the multifamily landscape throughout Florida and the Southeast. www.ConnectSEMF2025.com