When the Federal Aviation Administration (FAA) has to take notice of your height, you know that this building has to command attention. Even when it's just a scale model of the building.
The high times continued, this time with developers Two Roads Development and Cervera Real Estate acting as soiree hosts for hundreds of guests from Miami's real estate community. The reason? To celebrate the launch of Elysee Residences, the 57-story waterfront tower set to rise directly on Biscayne Bay in East Edgewater.
This party was so French. Pour quoi? Because the project's newly-unveiled sales gallery was transformed into a 1940s-era salon by Parisian architect and designer Jean-Louis Deniot, the force behind Elysee's chic interior and exterior public amenity spaces.
The 100-unit boutique high-rise is expected to break ground in early 2016 and be completed by 2018. Preconstruction sales started in August, with prices starting from $1.65 million to over $10 million. According to the Real Deal, the developers will complete the purchase of the Elysee site in December for $22 million.
Designed by Miami architect Bernardo Fort-Brescia of Arquitectonica, the Elysee will be the tallest residential high-rise in the East Edgewater. The Next Miami reports that the tower is already 20 percent reserved, and Biscayne Beach, a project from the same developer, has 98% of units in contract.
· Official Website [Elysee Residences]
· Elysee Is Already 20 Percent Reserved; Construction Within Months [The Next Miami]
· FAA approves height of tallest condo in Miami's Edgewater [SFBJ]