Edgewater, the large neighborhood lining Biscayne Bay immediately north of Miami’s urban core, is still booming. Seven residential condominium towers are either under construction or in closings, with multiple rental apartment buildings under construction as well, and a plethora of other buildings have opened within the last ten or so years.
As the market cools and we're seeing a flurry of condo tower cancelations or 'on hold's, we're also seeing a flurry of buildings topping off or being completed. Paraiso Bay, the first of four towers in the Paraiso District to begin construction, has reached its full height and has just topped off, according to the Related Group.
