Related Group is now marketing units at its One Paraiso condo tower in Miami’s Edgewater neighborhood.
One Paraiso is the second project planned for the Paraiso Bay site at 600 Northeast 31st Street. The 53-story, 276-unit tower was designed by Arquitectonica. Units are priced between $600 and $700 per square foot.
Related expects to start construction in November, with hopes of completing the tower in 2017. The company recently announced its collaboration with prominent restaurateur Michael Schwartz on a restaurant and luxury beach club at Paraiso Bay.
The developer could build as many as six towers at Paraiso Bay, according to exMiami. Revised plans include a hotel and project called Paraiso Bayviews. [exMiami] — Eric Kalis