Sakor Development, headed by Barbara Salk and Stephen Kornfeld, Encore Housing Opportunity Fund and Cervera Real Estate, in partnership with the National YoungArts Foundation and Indulge Magazine, hosted the launch of ION East Edgewater, a new luxury condo launching in Miami’s fast-growing East Edgewater neighborhood. ION East Edgewater is slated to break ground in the fourth quarter of 2015 and be completed in late 2016.
Being developed by a joint venture between Sakor Development and an affiliate of Encore Housing Opportunity Fund (the developers behind Miami Worldcenter), the 36-story tower will feature 330 luxury residences, award-winning architecture by Arquitectonica, and a one-of-a-kind resort inspired design by global hospitality design studio Hirsch Bedner Associates. Cervera Real Estate is exclusively handling ION’s sales and marketing.
Pre-construction prices start in the low $300,000s, and the units will be one to three bedrooms, plus six two-story town homes. The project will include a 75-foot heated lap pool, a Jacuzzi, a pool-side cinema, private cabanas, an outdoor kitchen, a hammock garden, a fire pit, a bocce court and a fitness center. There will be a separate 20,000-square-foot building on Biscayne Boulevard with restaurant and retail space.