Related Announces Second Edgewater Condo

MIAMI—The Related Group isn't just about developing condos—the company also works to make the communities in which it builds more livable. Miami's emerging Edgewater neighborhood is the latest example.

Related is forging ahead with its latest condo project, Element, and committing to its second waterfront public park. Edgewater welcomes the contribution. The City of Miami has recognized Edgewater as an area that needs redevelopment and revitalization.

“We are constantly looking for fresh ways to revitalize Miami's waterfronts adding meaningful public spaces enhanced through art, which I've always felt is one of the most important ways to express our vision for living,” says Jorge Perez, chairman and CEO Related. From 19th to 35th Streets, Edgewater had no public parks on the water until Related's Iconbay dedicated a park at the end of 28th Street. That project is currently under construction.

Element will add a half-acre park on 31st Street. The proposed space advances the City of Miami's public Baywalk connection of over 212 feet of improvements along the water's edge.

The park is planned with a playground, dog park, exercise zone and a collection of sculptures curated through a collaborative partnership with the National YoungArts Foundation. YoungArts continues Related's commitment to the arts and launches at Iconbay later this year.

“This collaboration between The Related Group and YoungArts is one that will provide extraordinary opportunities for many young artists,” says Paul T. Lehr, president and CEO of YoungArts. “Working together, we will be supporting the talent of the next generation of creative individuals while enriching our community through the commissioning and display of public art.”

In order to accomplish the set back of the residential towers to accommodate the park, the project proposes a modification to the vehicular circulation in the area. The design will enhance the water views of existing properties to the North and South.

“Related has a long history of working with cities to improve access to their waterfronts,” says Carlos Rosso, president of Related's condominium division. “We did it in South Beach, with the South Pointe Park and the promenade that stretches from Icon South Beach to Apogee Beach. And we did it in Brickell and Downtown adding public spaces filled with art in front of Icon Brickell, and One Miami to name some examples.”