Edgewater –
Entire City Block Assemblage
Securing a Trophy Development Site with over 2 Million Square Feet of Future Development Potential
Project Overview
Alfonso Jaramillo played a key advisory role in assisting a high-net-worth investor with the acquisition of an entire city block totaling approximately 122,041 square feet (2.80 acres) along Biscayne Boulevard in Miami’s rapidly evolving Edgewater neighborhood. The acquisition was completed as part of a strategic 1031 Exchange following the successful disposition of a prior assemblage in Brickell, allowing the investor to redeploy capital into one of the most significant development opportunities within Miami’s urban core.
The assemblage created a trophy development site with the potential to support more than 2 million square feet of mixed-use development, including residential, office, retail, and commercial uses. Current plans envision multiple 60-story towers comprising more than 900 residential units and approximately 1 million square feet of office and commercial space, representing an estimated development value exceeding $1.5 billion.
Key Metrics
LOCATIONEdgewater, Miami, Florida
INVESTORHigh-Net-Worth Individual
SITE AREA122,041 SF
(2.80 Acres)
PROJECTFuture Mixed-Use Development
DEVELOPMENT POTENTIAL1,500,000+ SF
RESIDENTIAL UNITS600+ Units
OFFICE & COMMERCIAL SPACEApproximately 200,000 SF
ESTIMATED PROJECT VALUE$1.5+ Billion
BUILDING HEIGHT POTENTIALMultiple 60-Story Towers
ROLEAcquisition & Assemblage Advisory
Strategic Highlights
Assisted in the acquisition of an entire city block along Biscayne Boulevard through a strategic 1031 Exchange transaction.
Helped reposition capital from a prior successful Brickell assemblage into a premier Edgewater development opportunity.
Created one of the largest remaining mixed-use development sites within Miami’s urban core.
Supports more than 2 million square feet of future development potential.
Positioned to accommodate a large-scale mixed-use project incorporating residential, office, retail, and commercial components.
Contributed to a project with an estimated future value exceeding $1.5 billion.