Related donates Icon Bay park in Edgewater to city of Miami

Miami /
May.May 06, 2015 03:00 PM

The Related Group donated a park to the city of Miami, adjacent to the 42-story, 301-unit Icon Bay development.

Icon Bay Park, at 455 Northeast 28th Street, will be designed by ArquitectonicaGEO, and will include water fountains, and exotic and native plants, according to Icon Bay’s website. City of Miami commissioners accepted the deed on April 23, a publication reported.

The owner, PRH NE 28th Street LLC, reportedly agreed to cover all costs associated with the property transfer, including the survey, environmental report, title insurance and closing costs, according to Miami Today. PRH, which stands for Perez Ross Holdings, will maintain the park, which will eventually be connected to a planned public walkway called the Biscayne Line.

“This is the first new park in Edgewater in a long time,” Commissioner Marc Sarnoff said to Miami Today.

Also approved: a second plot from PMH, Garden Park On The Bay, which is between 27th Street Alley and 29th Street.

Related is also building Paraiso Bay, a four-tower complex in Edgewater. Other projects under construction or planned in Edgewater include Melo Group’s Bay House and Eastview Development’s Biscayne Beach. [Miami Today] — Katherine Kallergis


Related Articles

arrow_forward_ios
From left to right: David Edelstein, Nick Perez, Alex Karakhanian, Scott Sherman and Ben Mandell with the location (Google Maps, Related, Getty)
David Edelstein, Related and partners plan resi project on former RedSky property in Wynwood
David Edelstein, Related and partners plan resi project on former RedSky property in Wynwood
Fortune International Realty’s former Miami office sells for $8M
Fortune International Realty’s former Miami office sells for $8M
Fortune International Realty’s former Miami office sells for $8M
Alex Rodriguez and Constantine Scurtis at far right (Getty)
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
A-Rod gets 13 lawsuits dismissed that were filed by ex-brother-in-law over real estate empire
Developer Bill Hutchinson, seen here in court and alongside his mugshot (Getty, Highland Park Police Department)
Facing assault charges, developer sells Miami home, lists Cali properties
Facing assault charges, developer sells Miami home, lists Cali properties
Jorge Perez and Jon Paul Perez with a rendering of Solemar (Related)
Related scores $91M construction loan for luxury condo tower in Pompano Beach
Related scores $91M construction loan for luxury condo tower in Pompano Beach
Jorge and Darlene Pérez with the home (Compass, Getty)
Billionaire developer Jorge Pérez sells Coconut Grove mansion for $33M, donates proceeds
Billionaire developer Jorge Pérez sells Coconut Grove mansion for $33M, donates proceeds
10660 Southwest 40th Street (Google Maps)
Tate Capital sells CVS Pharmacy y más location near Kendall for $16M
Tate Capital sells CVS Pharmacy y más location near Kendall for $16M
Vivian Dimond with Bay Park Towers (Elliman)
Developers rush in: Vivian Dimond-led group offers $150M for older bayfront Miami condo building
Developers rush in: Vivian Dimond-led group offers $150M for older bayfront Miami condo building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...