The landscape of Miami is shifting once again as construction starts on a major project that will bring new Omni District luxury rentals to the market. Sabet Group has officially commenced foundation work for 1600 Edgewater, a 33-story tower situated at 1600 NE 2nd Avenue. This ground-breaking marks a new chapter of high-density residential development in this rapidly evolving neighborhood.
Sabet Group Breaks Ground on 1600 Edgewater
The development, which carries a price tag exceeding $93 million, is set to rise approximately 384 feet into the Miami skyline. It will feature 282 modern rental apartments designed to cater to the growing demand in the area. Legendary architecture firm Kobi Karp is behind the design of the tower, ensuring a striking addition to the local streetscape. Here is a summary of the core specifications for the upcoming development:
- Developer: Sabet Group
- Architect: Kobi Karp
- Address: 1600 NE 2nd Avenue
- Height: 33 stories (approximately 384 feet)
- Total Units: 282 residences
- Commercial Space: Nearly 9,519 square feet
- Parking Spaces: 352 spaces
Architectural Highlights and Neighborhood Amenities
The architectural vision by Kobi Karp emphasizes modern urban living. The building is planned to offer a diverse mix of studio, one-bedroom, and two-bedroom apartments. Residents will have access to premium lifestyle amenities, including a rooftop pool and a rooftop restaurant. Outdoor dining areas are also included in the plan, allowing residents to enjoy the South Florida climate. Additionally, the development features nearly 9,519 square feet of ground-floor commercial space to enhance street-level activity.
With 352 parking spaces integrated into the design, 1600 Edgewater addresses the practical needs of urban residents in Miami. The combination of residential, commercial, and recreational spaces creates a dynamic environment that blends seamlessly with the surrounding neighborhood.
Affordable Housing Integration and Project Timeline
Sabet Group is also addressing local housing accessibility within this high-rise project. Approximately 7% of the 282 residential units will be set aside as affordable housing. These specific apartments will be reserved for households earning at or below 60% of the Area Median Income. This inclusion ensures that the community remains accessible to diverse income brackets while still offering high-tier residential standards.
With foundation work officially underway as of August 2026, the construction schedule points toward an anticipated completion date in 2028. This multi-year construction phase will contribute to the ongoing revitalization of the immediate area, bringing new jobs and infrastructure improvements during the development process.
The Role of Omni District luxury rentals in Miami’s Market
The Omni District is rapidly positioning itself as a primary development hub, with several high-density projects transitioning from planning to active physical stages. Alongside 1600 Edgewater, other prominent developments like Sense22, Biscayne 18, and 1775 Biscayne Boulevard are currently moving through foundation and site-preparation phases. This cluster of construction activity signals a broader transformation of the district.
For real estate buyers and investors, tracking the rise of Omni District luxury rentals provides essential insights into where Miami’s rental market is expanding. The neighborhoodâs proximity to downtown, the arts district, and established high-rise zones makes it a key area of interest for future portfolio planning. As multiple towers progress toward their completion targets, the local market continues to diversify its residential inventory, offering a broader range of opportunities in a competitive urban landscape.
Source: World Red Eye
