MIAMI—Elysee Residences, a 57-story luxury condominium planned for Miami's East Edgewater neighborhood, has won Federal Aviation Administration (FAA) approval. The FAA wrapped up its aeronautical study of the proposed height and structure for the project, which will be the tallest residential high-rise in East Edgewater when it hits the market in 2018.

Two Roads Development is building the tower at 700 NE 23rd Street. Preconstruction sales for Elysee launched in August, with groundbreaking slated to take place in the first quarter of 2016.

“When it comes to finding exclusivity in East Edgewater, there's nothing like Elysee,” Reid Boren, partner at Two Roads," tells GlobeSt.com. “Offering only 100 units, each with direct views of Biscayne Bay, this ultra-luxury boutique tower is an oasis in the heart of one of Miami's most desirable neighborhoods.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.