Two developers are teaming up to build a pair of 25-story high-rise condominium towers near the Oleta River at Northeast 163rd Street and Biscayne Boulevard, The Real Deal has learned.
Inigo Ardid of Key International and Arnaud Karsenti of 13th Floor Investments plan to develop a 330-unit luxury project on 4.4 acres of vacant land behind Area Code 55 Brazilian Steakhouse and the shuttered Miami Grill restaurant.
The high-rise project, tentatively named the Harbor and designed by Coral Gables-based Corwil Architects, would be less than a mile away from the Marina Palms Yacht Club & Residences now under construction at 17201 Biscayne Boulevard. Marina Palms’ towers are also slated to reach 25 stories. The tallest completed building in North Miami Beach, a 5.2-square mile municipality just west of Sunny Isles Beach and south of Aventura, is the 12-story, 49-year-old Regions Bank building at 699 NE 167th Street.
Key International and 13th Floor frequently work together. They are also developing the 50-story 1010 Brickell in Miami, the 20-story 400 Sunny Isles in Sunny Isles Beach, the 98-unit Eden House in Miami Beach and the boutique waterfront condo Sereno in Bay Harbor Islands.