Elysee One Step Closer to Reality
- Oct 12, 2015
Elysee Residences, which is proposed to be the tallest residential high-rise in the East Edgewater district of Miami, is past an important milestone. In a formal determination notice issued on September 25, the Federal Aviation Administration approved the 649-foot height that Two Roads Development requested for the 57-story luxury condominium at 700 NE 23rd St. The project’s development team is also building Biscayne Beach, a nearby 52-story residential tower currently under construction at 711 NE 29th Street, which is slated for delivery in late 2016.
Elysee is a luxury boutique high-rise along Biscayne Bay, designed by Bernardo Fort-Brescia of Arquitectonica. The tower will include 100 luxury residences—with only two units per floor—ranging from three- to five-bedrooms with den options, as well as duplexes and full-floor penthouses, measuring up to 4,000 square feet in size. The unit interiors are the creation of French designer Jean-Louis Deniot.
Preconstruction sales for Elysee launched in August, with groundbreaking slated to take place in the first quarter of 2016. Preconstruction prices range from $1.65 million to over $10 million, at an average of about $750 per square foot. The building is slated for completion in 2018.
Photo credit: Two Roads Development