MIAMI—Showing no signs of slowing down, Related Group just broke ground on two new condo projects: Brickell Heights and Paraiso Bay. Paraiso Bayviews is the next development in Related's Paraiso Bay community.

“Paraiso Bay is Edgewater's only master planned neighborhood, with over 1300 units in one project,” says Carlos Rosso, president of condominium development at Related. “It's minutes away from Brickell and next to the Design District and Midtown's shops and restaurants. Bayviews is the only tower within the community with an array of compact luxury units, mainly one bedrooms, featuring amazing direct water views.”

Paraiso Bayviews is located at 600 Northeast 31st Street off Biscayne Boulevard. Related is pushing the value card with the Paraiso community. Paraiso Bayviews is priced at about $500 per square foot and offers luxury amenities, including a beach club, restaurant, tennis courts, gardens, and a rooftop swimming pool.

Paraiso Bay, the first two Arquitectonica-designed towers to launch last year, are 95% sold and under contract. Related Group announced the third development One Paraiso, earlier this summer and reservations stand at 75%.

Brickell Heights is located at 850 South Miami Avenue. It will offer 690 luxury residences atop a 30,000-square-foot Equinox Fitness Center and SoulCycle, aworkout studio that will open its first Miami location at Brickell Heights. Fortune International Group is handling sales for both condos.