The developers planning Tower 36 in Edgewater have completed the acquisition of the property and announced plans to build branded residences.
Developer One Thousand Group paid $53M for the site where the tower will be built.
A fence permit for the site was submitted last week, and a demolition permit for a former gas station on the site entered its third review cycle in mid-November.
The new tower will be designed by internationally renowned architecture firm KPF Architects.
KPF’s Robert Whitlock and Lloyd Sigal are spearheading the creative vision, with sustainable design elements, state-of-the-art technology, and walkability features.
The tower will include branded residences and “transient options,” a variety of commercial and retail uses, a private members club, multiple food and beverage offerings, and wellness and recovery amenities, a press release said.
It will also have a One Thousand Group rooftop helipad and heli-lounge similar to the one featured at the developer’s iconic One Thousand Museum project.
That appears to be a change from earlier plans. A previous filing with the UDRB last year showed offices and commercial in a 635-foot tower, but no residential.
One Thousand Group is led by Co-Founders Louis Birdman, Kevin Venger and Michael Konig.
They completed the Zaha Hadid-designed One Thousand Museum tower, and currently have the copper-clad Villa Residences under construction in Edgewater.
Cirrus Real Estate Partners financed the transaction.
