2900 Terrace Real Estate For RentPreconstruction

A site work permit has been issued for 2900 Terrace in Miami’s Edgewater neighborhood. The city’s Building Department approved the application on May 18. Coastal Construction is listed as the contractor, with Ortus Engineering as the permit runner. The permit follows an earlier tree permit issued on April 30. A master construction permit for vertical development remains under review, having entered the approval process in April 2024.

The project, developed by Oak Row Equities and LNDMRK Development under the 2900 Terrace Owner LLC, is planned as a 38-story, 380-foot-tall rental tower at 401 Northeast 29th Terrace in the Edgewater neighborhood featuring 324 apartment units. The residences will be larger than typical multifamily units, including walk-in closets, expansive great rooms, and, in most cases, a study or den. The building will include 8,000 square feet of full-service restaurant space and an additional 8,000 square feet of ground-level retail. More than 500 parking spaces are planned.

Arquitectonica is serving as the design architect. The design team also includes Vida Design Inc. (interior design), Aquadynamics Design Group Inc. (pool and water features), Landscape Design Workshop (landscape architecture), and De Los Reyes Engineering (structural engineering). NV5, MG Engineering | MGE Unified Technologies, Paramount Consulting and Engineering, LLC, Schwebke-Shiskin & Associates, and Power Design, Inc., is providing additional consulting and engineering support.

Trade contractors engaged for the project include A\&P Air Conditioning Corporation, Arazoza Brothers, Colliers Engineering & Design, Skylight Techs, Integrated Openings Solutions, JC and A Electrical Contractors, KELLER, L\&R Structural, Moraca Builders Inc., Polaris Fire Protection, Solution Construction Inc., and Vico Painting Contractors.

The 2900 Terrace project adds to the ongoing development momentum in Edgewater, one of Miami’s most active submarkets for high-density residential construction. The tower will join a growing skyline of residential buildings reshaping the neighborhood along Biscayne Bay.