WRE News: One Thousand Group Secures $53 Million for “Tower 36” Mixed-Use Development Project in Edgewater

Miami, FL – December 15, 2024 – ONE THOUSAND GROUP has announced the acquisition of a prime 1.6-acre site in East Edgewater for $53 million, paving the way for its transformative Tower 36 project.

Located at the intersection of Edgewater and the Design District, the development will feature branded residences, retail spaces, wellness amenities, a private members club, and a signature rooftop helipad, echoing the innovation of the developer’s iconic One Thousand Museum. Designed by renowned Kohn Pedersen Fox Architects, the project integrates sustainable, technology-forward elements while enhancing connectivity to surrounding hotspots like Midtown and Wynwood.

Tower 36 highlights the neighborhood’s emergence as a premier destination in Miami. “Our goal is to continue contributing to Edgewater’s evolution,” said Kevin Venger, co-founder of One Thousand Group. Michael Konig, also a co-founder, emphasized the project’s strategic location and walkability, which promise to set a new standard for urban living.