Two independent, smaller-scale developers take on East Edgewater to round out the city’s next it neighborhood.
Barbara Salk and Taylor Collins at the Biscayne Beach sales center.
As Miami’s real estate market continues to expand, everyone has an eye on the next great neighborhood. Taylor Collins, partner at Eastview Development, and Barbara Salk, principal of Sakor Development, discuss the potential of East Edgewater as Miami’s newest coveted location.
Barbara Salk: East Edgewater is the new South of Fifth. It’s connecting the city to the great museums, entertainment district, Design District, downtown, access to the beach with both bridges. It’s a great value proposition because it’s so well situated in Miami. At the comeback of the real estate market, people moved along the Brickell corridor; that was the first signal that there’s a real need for people who want to live in the city.
Taylor Collins: You have sophisticated buyers today, and they’re not flippers. We’re seeing people move off the beach and move here.
BS: As smaller developers, we’re working together to have a successful neighborhood.
Amenities at the new Ion East Edgewater include a waterfront deck with infinity pool.
TC: We’ve worked side by side saying, “What does the market need?” You brought in Hirsch Bedner Associates—great interior designers and something that you’ve never seen in the Edgewater area. We brought Thom Filicia to [Biscayne Beach and] Tutto il Giorno, the restaurant in the Hamptons [co-owned by Donna Karan’s daughter, Gabby Karan De Felice]. That just shows you the strength of what’s happening.
BS: Having a value proposition within Edgewater was a missing niche, especially with high design at [about $475 a square foot]. That’s what I’m bringing to the market [with Ion East Edgewater]. Everyone has their niche. Your niche is the beach club.
TC: We created this massive man-made “beach” for residents. The bottom floor is dedicated to the beach club with cabanas, beach club amenities, and the infinity edge pool, which we raised up about six and a half feet so when you’re looking [out], you don’t see anything [except] the water. That’s given us our own identity in the market, which is bringing the beach to the city. You have all the amenities of living on the ocean without the costs of living on the ocean.Biscayne Beach, 254 NE 30th St., Miami, 305-767-1414; Ion East Edgewater, 2751 Biscayne Blvd., Miami, 866-367-5355