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Paraiso Place is coming with 279 more units adding to the Paraiso District!

Cashflow In Miami
August 12, 2020

433-449 NE 30th Terrace and 430-452 NE 31 st Street, Paraiso District, Edgewater, Miami

Lets hope the Covid19 wont mess up the plans!!
The tower will rise 32 stories, or 373 feet above ground.
It will include 279 residential units.Most likely rental units.
A parking garage will include about 300 spaces, which is below what is required by zoning. A waiver for 30% reduction in zoning requirements is being requested.
At the ground floor, there will be 4,063 square feet of retail space.
A pedestrian promenade will be built along NE 31st Street as part of the project, including landscaping and street furniture, in a design that will encourage pedestrians to walk from Biscayne Boulevard to the Paraiso District
A parking garage will have a metal louver screen covered in geometric artwork by Miami-born artist Johnny Robles, with a design that is reminiscent of a sunset.
The lead architect is Pablo Burgos of Burgos Lanza Architects & Planners. Landscape architecture is by James Socash, and Fortis Design + Build led by Principal David Polinsky is also part of the team.
The owner is Metro Edgwater LLC, managed by Carlos Ortiz. A letter from his attorney states that he is based in Miami and has 27 years of real estate experience in Colombia and the US, participating in the construction over 3,600 residential units, mostly in urban core neighborhoods.


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