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Miami Digs: Pre-construction Element re-launched as PARAISO BAY

Posted by in Uncategorized | July 29, 2013

Paraiso Bay

Paraiso Bay condominium, formerly the site for Element Condo will be located in the heart of the Edgewater District in Miami right on the bay. The Paraiso Bay condo offers a wide variety of amenities such as heated pool, exercise facility, valet, security and covered parking. Paraiso Bay Condo will offer a variety of floor plans ranging in size. The Paraiso Bay Miami condo will be a twin tower project with 55 floors and about 345 condo residences per tower or 690 total units. All units will offer great views and floor plans. Within 15 minute drive from the Paraiso Bay condo, you can enjoy all the great nightlife and restaurants of Miami, Miami Beach, Coral Gables and Coconut Grove.

Paraiso Bay, the recently renamed twin 55-story tower project formerly known as Element, has been given the go ahead from a Miami review board. Developer Related Group is moving to begin sales and marketing.

The City of Miami Urban Design Review Board last week recommended that Planning and Zoning director Francisco Garcia approve the project. The board requested that Related work with city staff to develop residential liner units in order to give the project a residential feeling from the street. The Board also asked for the western facade to be articulated to mitigate the impact to the abutting neighborhood.

Bloggers have criticized the project design as being ‘hideous‘ and a ‘zoning calamity‘.

While projects of this size generally do not require approval from the full City Commission, Related will need consent from the commission to close 31st street. Related Chairman Jorge Perez, who had commissioners eating out of his hand at a recent meeting, has apparently given the go ahead to begin sales and marketing for the project, anticipating an easy approval.

It also appears that marketer Ilona Oppenheim has been hired to run the advertising campaign for the project. Ironically, Chad Oppenheim had designed the original tower at the Element site which was scrapped.

PARAISO CONDO FEATURES:
Approximately 345 units per tower
55 Stories
All Residences with Front Water Views
All Residences with Private Elevators / Foyers
All units face East & West
9 ft. Ceilings
8 ft. Balconies / Terraces
Huge 2 acres elevated pool deck
500 Linear Ft of frontage facing the bay
Exceptional common areas
Waterfront Park

PARAISO AMENITIES:
State of the Art Gym
Spa
Party room
Kids room
Teen room
Cinema
100 Ft. Diameter Pool “Lagoon” waterfront
Pool side cabanas
BBQ Grills
2 Tennis courts
Acqua Club
Pool level cafe
Paraiso Bay Condo Miami Team

Developer: The Related Group
Interiors by United Design, London
Landscape by Enzo Enea, Zurich
Architecture by Arquitectonica

Paraiso Bay is a preconstruction project, the steps to reserve & purchase condo units:

Deposit Structure Coming Soon
% Reservation with reservation
% at Contract
% at Ground Breaking (Approx. January/February 2013)
% at Top Off (16 months later)
Balance at Closing (Approx one year after)

For more information text or call Michael direct at 305-467-7204 or email at michael@zilbert.com

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