Ross’s Comments – What you Need to Know about 1800 Club
Both Quantum and 1800 Club sit directly opposite Margaret Pace Park, an 8 acres city park that is dog friendly, located directly on Biscayne Bay, and is a major cornerstone of this community.
This southeastern corner of Edgewater has come a long way in just a few years and is now a very desirable location for local residents with even a new Publix shopping center within two blocks on Biscayne Boulevard.
The resort deck on the 10 floor of the building sits on the west side of the tower and features several pools and areas to lounge.
The units with direct bay views are lines 01, 03, 05, 07 and 09, including the loft units that are situated on the first eleven floors of the tower.
This project has seen a significant number of transactions in the past two years since obtaining FHA approved condo status, which recently expired in April 2014.
BUILDING QUALITY +
RENT FRIENDLY +
DESIGN & EFFICIENCY +
PET FRIENDLY +
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UNIT SIZES 629 – 2,189 sq. ft (58 – 203 m²)
UNIT TYPES 1 ,2 and 3 bedrooms
# OF UNITS 469
# OF FLOORS 42
# OF PARKING LEVELS 9
ARCHITECT Bermello Ajamil & Partners
DEVELOPER BCOM, Inc.
PET POLICY 2 pets with total 60 lbs, other restrictions apply
24-Hour Concierge, Valet and Security
Upscale restaurant/bar overlooking Biscayne Bay
State-of-the-art gym with spectacular views
Heated pool overlooking Biscayne Bay
Billiards room with large-screen Plasma TV
Two-story recreational floor with bayfront deck
Steam, sauna and massage rooms
MIDTOWN / EDGEWATER
The trendy areas of Edgewater, Midtown Miami, Wynwood Arts District and the Miami Design District, have quickly emerged as the next center of cultural, arts, commercial and residential growth just outside of the Downtown Miami district.
Major construction is already underway to further transform the Miami Design District into a destination for fashion, design and culture. In 2014, luxury fashion brands such as Givenchy, Miu Miu, Tom Ford, Fendi, and Dolce & Gabbana among others, will be opening in the Design District. The new development will also include buildings by renowned architects Sou Fujimoto, Aranda/Lasch, Iwamoto Scott and Leong Leong.
In what used to be the manufacturing district of Miami, over the past few years local developers have rehabilitated warehouses and other unused buildings into the Wynwood Arts District. Today, Wynwood consists of numerous art complexes, galleries, performing art spaces, restaurants and cafes.
Due to its strategic location and availability of waterfront property, Edgewater is currently realizing the largest growth of these submarket areas with over 2,600 new residential units under construction. According to a study released by the Miami DDA, this is a 67 percent increase over the current size of the market. This, combined with the development opportunities surrounding the Arsht Center for Performing Arts, present the most potential for long-term growth in the Greater Downtown Miami Market.
Based on the historical absorption of new residential units (since 2001) and the anticipated annual delivery of new units, we expect that there will still be considerable residual pent-up demand for new construction condos in the area over the next four or five years.