MIAMI — The Related Group and Plaza Construction have broken ground on Icon Bay, a $118 million waterfront condominium property in Miami’s Biscayne Corridor. Architect Arquitectonica designed the 42-story, 750,000-square-foot building.
Icon Bay will include 299 residences plus amenities such as a waterfront pool deck and infinity pool, fitness center, spa, clubroom, bay-front park and tennis courts. Floor plans range from one-bedroom units totaling 1,129 square feet to three-bedroom penthouse units totaling 3,038 square feet.
The property is slated for completion in the first quarter of 2015.
Interior elements include private elevator access, floor-to-ceiling windows, 9-foot ceilings on typical floors and 11-foot ceilings in penthouses. Kitchens feature European cabinetry, stone counters, stainless steel appliances and imported porcelain tile flooring, while bathrooms feature full-size mirrors, soaking tubs and glass-enclosed showers.
Located at 460 N.E. 28th St., Icon Bay is in close proximity to the Wynwood Arts District, known for its galleries, gourmet food trucks and music scene. The property also offers easy access to the Midtown/Miami Design District, which features high-end retailers such as Armani Casa, Baltus and Ligne Roset.
Nearby attractions include The Arsht Center for the Performing Arts, Miami Art Museum and sites of future projects Resorts World Miami casino and hotel and Brickell CitiCentre mixed-use.
Plaza Construction, recipient of the Contractor of the Year 2013 Award from the American Institute of Architects Miami Chapter, is headquartered in New York City. Established in 1986, the firm is also currently working on The Related Group’s $105 million Millecento Residences in Miami’s Brickell neighborhood.
The Related Group, established in 1979, is a privately held development company specializing in condominiums and apartments and operating mainly in South Florida. To date, Related has developed more than 80,000 condominiums and apartments and employs more than 350 people.
— John McCurdy