Chronicling Miami's Transformation.

The Shorecrest Luxury Apartments Miami | 2 X 20 Floors | 244 Ft | Under Construction

Discussion in 'Miami Real Estate, Construction And Architecture' started by sandman, May 7, 2012.

  1. sandman Administrator

    Adler Group has announced that they have partnered with Atlanta-based ECI Group to purchase the Oasis on the Bay project. The project was formerly a condo project proposed by the Related Group, but will now be built as a rental project. It will take two years to complete.

    The project is located at 7950 NE Bayshore Court on the 79th street causeway in Miami, former site of the historic Mike Gordon’s Seafood Restaurant.

    The numbers:

    455 apartment units
    20 townhouse residences
    3,410 sf health club/gym/spa
    4,189 sf restaurant space

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    http://www.adlergroup.com/listings/properties.aspx?propid=137

    http://www.bizjournals.com/southflorida/news/2012/05/07/adler-group-returns-to-roots-in-rental.html
  2. bigswinging Member

    great to see another project under construction.
  3. sandman Administrator

    Quick correction - the project is fully approved, but will begin construction later this year after obtaining construction permits and permanent financing.
    METROPOLITAN INTENT likes this.
  4. GOOD NEWS
    It's not much but it adds to the skyline
  5. Afi K. James Member

    Cool and Nice.
  6. miami beach Member

    Coastal Construction will begin work on this project within the next month.
  7. Sean Member

    This project was the original impetus for the creation of the Upper East Side Conservation Area, which would block further out-of-residential-scale projects in the future, if the Conservation Area becomes law. Shorecrest residents are all up in arms over it, but I like it. Ok, the design is very generic, but I think it adds some great density to the 79th street corridor.
  8. The future Oasis on the Bay site
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  9. sandman Administrator

    Project name: "The Shorecrest Luxury Apartments"


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    mechanesthesia likes this.
  10. sandman Administrator

    The numbers:

    455 apartment units
    20 townhouse residences
    3,410 sf health club/gym/spa
    4,189 sf restaurant space

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