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Vertical Construction Underway At 38-Story Luxury Edgewater Tower

Summary by The Next Miami
In Edgewater, a 38-story luxury apartment tower is now going vertical. Apartment operator Aimco is partnering with a leading global investment firm on the development, and will have a 44% ownership stake. The new $240m tower will have just 114 luxury apartments, with 291,000 rentable square feet. That equates to an average apartment size of over 2,500 square feet. Occupancy is projected for 3Q 2027.
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The Next Miami broke the news in on Tuesday, April 8, 2025.
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