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Old October 8th, 2013, 04:46 AM   #1
desertpunk
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MIAMI | MBay | 135m | 444ft | 39 fl | Pro

MBay: New 39 Story Bayfront Arquitectonica Tower Proposed In Edgewater



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Hyperion is getting back into the development market with a newly proposed tower in Edgewater.

The condo tower called MBay, will rise 39 stories or 444 ft. and is designed by Arquitectonica. The property is located on the bay between NE 26th St. and NE 26th Terrace. Hyperion is proposing to build 129 units the maximum permitted on the .85 acre property. the project will contain 205 parking spaces on levels 2-7, the minimum required under Miami 21.

Hyperion acquired the property in August 2012 for $9.8 million. An apartment building on the site will be demolished.
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Old October 9th, 2013, 07:18 PM   #2
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Wow! The boom is filling things in nicely north of the CBD. This and what Related already has planned will bring Edgewater closer to the Brickell's density.
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Old February 26th, 2014, 06:48 AM   #3
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Russian Oligarch Buys MBay Site For $21.5 Million

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Hyperion Development Group has sold the 37,462 square foot property where the MBay condo tower is proposed for $21.5 million. The sale was first reported by TRD.

The buyer is Russian oligarch Oleg Baybakov, who made headlines last year after buying a Brickell development parcel across from Brickell City Centre.

Hyperion bought the MBay site last year for $9.9 million, and had proposed to demolish a 12-story apartment building on the site to build MBay. The 39-story, Arquitectonica-designed MBay would include 129 residential units.
Maybe Baybakov can add 10 extra floors for the giraffes!

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Old October 1st, 2014, 12:04 AM   #4
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Any word on this?
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Old October 1st, 2014, 12:07 AM   #5
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Originally Posted by BaybyBoomer View Post
Any word on this?
a Victim of a too bulky tower for such a small property, We'll see,

It Passed away months ago BaybyBoomer , Our SSC Friendly Family Friend who loves Tall towers on the Bay !!
The Same Russian Developer who Just Bought This Property Could build another Simple Tower a year or 2 From Now, But the Same Russian Developer has his eyes on His 70- Floor Brickell Tower ready to Break Ground Early Next Year , Late in 2015 IMO !!

Let's Go Miami Edgewater and Brickell Cranes !!
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Old January 24th, 2016, 02:34 AM   #6
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THIS Russian developer is for real desertpunk, it will be built !!
ALL CLEARED and the sales center is going up on the water's edge and there's a new SEAWALL all along the huge property's water edge of beautiful Biscayne bay and Miami beach, south beach views are fantastic and a wonderful world class city of 2025 and beyond infinity !!, a whole city block is His and all ready to build his 649 feet from sea level tower this year, 2016 !!
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Russian Oligarch Buys MBay Site For $21.5 Million



Maybe Baybakov can add 10 extra floors for the giraffes!

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