One Thousand Group Announces Major Milestone with $53 Million Land Acquisition for Tower 36 in Edgewater

December 10, 2024

One Thousand Group, a powerhouse development firm known for its transformative impact on Miami’s skyline, has just completed a pivotal land acquisition for its upcoming Tower 36 project. The firm secured a 1.6-acre site in East Edgewater for an estimated $53 million, with the deal financed by Cirrus Real Estate Partners. The land comprises three adjacent parcels located at 3601 Biscayne Blvd, 345, and 409 NE 36th Street, strategically positioned at the intersection of Miami’s Design District and the rapidly evolving Edgewater neighborhood.

This acquisition is set to pave the way for One Thousand Group’s latest vision: Tower 36, a mixed-use, lifestyle-focused development that will elevate the Edgewater area to new heights. Located near some of the most vibrant neighborhoods in Miami, including Wynwood, Midtown, and Downtown, the project will offer a seamless blend of branded residences, commercial spaces, and state-of-the-art amenities. Among its standout features will be a private members-only club, multiple fine dining options, wellness and recovery services, and a stunning rooftop helipad and heli-lounge—echoing the world-class design seen in One Thousand Group’s iconic One Thousand Museum.

“Our team is thrilled to continue contributing to the growth and evolution of Edgewater,” said Kevin Venger, co-founder of One Thousand Group. “Having been active in the area since 2005, we’ve witnessed its incredible transformation, and Tower 36 will play an integral role in this process. With its unrivaled location and connections to key areas like Miami Beach and the airport, this development is poised to redefine Edgewater as one of the most sought-after neighborhoods in Miami.”

Michael Konig, co-founder of One Thousand Group, echoed this sentiment, saying, “Tower 36 will set a new benchmark for mixed-use living in Miami. The location itself is unbeatable, with proximity to the Design District’s cultural hotspots, exceptional walkability, and access to both retail and green spaces. We believe Tower 36 will be the catalyst for even more growth in this area.”

The design of Tower 36 is being led by KPF Architects, one of the world’s most esteemed architectural firms, with Robert Whitlock and Lloyd Sigal at the helm. The project will feature sustainable design principles and cutting-edge technology, blending the latest in architectural innovation with the vibrant culture of Miami. With a focus on wellness, sustainability, and connectivity, the tower will offer not only luxurious residences but also an elevated lifestyle that seamlessly integrates work, play, and relaxation.

“The collaboration with KPF Architects allows us to push the envelope on what’s possible in Miami,” noted Louis Birdman, co-founder of One Thousand Group. “We’re committed to creating buildings that stand out for their design, technology, and sustainability, and Tower 36 will be a testament to that vision.”

As One Thousand Group continues to shape the future of Miami’s real estate landscape, Tower 36 will stand as the latest example of their commitment to creating truly extraordinary spaces.