Photo Credit: Two Roads Development
In Market

EDITION Hotels Unveils Plans for First Independent Condominium Tower in Miami; NYC’s Largest Mass Timber Development, Timber House, Approaches Sellout

Sep 8, 2022 | By: Ameena Walker

London’s Anticipated Battersea Power Station Complex Announces Opening Date

For the first time ever, London’s iconic Battersea Power Station will open to the public, beginning Friday, October 14, reports Times Series. After years of restoration, the site is now home to a shopping and dining complex spread across two halls, the first with a 1930s art-deco theme and the second with a 1950s brutalist theme.

The residential component of the Battersea redevelopment debuted earlier this year, with the Frank Gehry-designed Prospect Place buildings welcoming residents to their 308 unique homes. Some aspects of the 42-acre project are still underway, with more components expected to debut in 2023.

EDITION Hotels Unveils Plans for First Independent Condominium Tower in Miami

Hospitality brand EDITION Hotels is launching its first exclusively residential condominium offering in Miami and has released plans for the 55-story glass tower designed by architect Bernardo Fort-Brescia. EDITION Residences, Miami Edgewater will rise along the Biscayne Bay waterfront and consist of 185 bespoke one- to four-bedroom residences ranging from 1,952  to 3,864 square feet. 

With interiors by Studio Munge, each residence will come with a private foyer and elevator entry, floor-to-ceiling glass windows and doors, ceilings between 10 and 14 feet high, and spacious terraces with unobstructed views of Biscayne Bay, the Atlantic Ocean, and the Miami Beach skyline. The tower will also feature three expansive trilevel penthouses, each with private rooftop pools and gardens.

EDITION Residences, Miami Edgewater will offer a generous amenity package spread across 45,000 square feet of space and will include two resort-style pools with private cabanas, a fitness center with private training studios, a club lounge, a children’s play area, a private screening room, six guest suites that can be reserved by residents, and more. Prices start at $1.7 million.

NYC’s Largest Mass Timber Development, Timber House, Approaches Sellout

In Brooklyn’s tree-lined Park Slope neighborhood, a 14-residence condominium building dubbed Timber House has sold all but one of its distinguished homes. Located at 670 Union Street, Timber House is the city’s largest mass timber project (by height and square footage) and its first mass timber condominium building. This project is co-developed by The Brooklyn Home Company and MESH Architectures. The building is also designed with passive-house principles and offers a mix of studios through three bedrooms, with prices starting at $595,000.

Listed at $3.2 million, Unit 4A is the last home up for grabs and features three bedrooms spanning more than 2,000 square feet. The residence boasts 11-foot-high, wood-beamed ceilings and pine floors, along with floor-to-ceiling windows that welcome a plethora of natural light, an open kitchen with a 28-foot-long kitchen island, appliances by Bosch and Gaggenau, and custom hexagonal floor tiles. 

Amenities at Timber House include private storage units for each residence, a furnished roof deck with views of the Brooklyn and Manhattan skylines, and on-site parking for purchase, with charging stations for electric vehicles.

Palm Beach Penthouse Designed by Maya Lin Seeks $26.5 Million

A nearly 5,000-square-foot penthouse in Palm Beach, Florida, has hit the market with an astounding $26.5 million price tag, putting it on track to set a sales record for the town, reports Mansion Global.

The four-bedroom abode is quite special, as it was meticulously designed by renowned architect and sculptor Maya Lin as a gift to her in-laws—the apartment’s former owners—the late Erving and Joyce Wolf. The oceanfront home displays a “sophisticated, contemporary-style” aesthetic with floor-to-ceiling windows, nine-foot-high ceilings, walnut floors, and a 1,300-square-foot terrace with sweeping views. 

Dana Koch of the Corcoran Group, who is marketing the property with his mother and colleague, Paulette Koch, says the asking price considers the apartment’s size and the scarcity of similar oceanfront homes in the area.

Developer Jeffrey Soffer Plans New Oceanfront Condominium on Florida’s Jupiter Island

Real estate developer Jeffrey Soffer is planning to replace a 40-residence condominium building along the coast in Florida’s Jupiter Island with a 10-story luxury condominium designed by Arquitectonica, reports the Commercial Observer. If approved, the building, located at 250 South Beach Road, will house 34 residences and will neighbor the Savoy, a condominium at 300 South Beach Road that is also being developed by Soffer. It is expected for the homes to start at upwards of $5 million, with the oceanfront building including two private rooftop pools.