CREATING VALUE
St
MIAMI DESIGN
DISTRICT
1
BEVERLY
TERRACE
WYNWOOD
EDGEWATER
छ
Miami Airport
(6 miles west)
Edgewater Assemblage
TOWN SQUARE
B
MacArthur Ca
WATSON ISLAND
OVERTOWN
3
SPRING GARDEN
W7
NW S
EAST LITTLE
HAVANA
198
Allan Ad
BAYSH
VENETIAN
CITY CENTI
ISLANDS South Miami Beach
STAR, PALM
AND HIBISCUS
ISLANDS
(6 miles east)
WEST AVENUE
Miami
SOUTH BEAC
FLAMINGO
LUMMUS
(968)
"
DOWNTOWN
MIAMI 4
Dodge Island
SOUTH OF FIFTH
THE HAMILTON &
EDGEWATER ASSEMBLAGE
The Hamilton
In 2020, Aimco closed on the acquisition of Hamilton on the
Bay, a 271-unit apartment building fronting Biscayne Bay
including additional unused density rights and an adjacent
0.6-acre waterfront parcel in the Edgewater submarket of
Miami.
Aimco began the redevelopment in 2Q 2021 and is rebranding
the community as The Hamilton. Aimco expects to invest $95
million to transform the community and deliver premium
amenities attractive to empty-nesters, snowbirds, and semi-
retirees.
Aimco
CREATING
VALUE
Edgewater Assemblage
Aimco purchased the lots immediately south of The
Hamilton in the summer of 2021. Aimco is in planning for the
potential development of two apartment towers
The waterfront tower is expected to be 60 floors with large
units attracting executives and affluent Gen X residents. As part
of the project, Aimco will also develop the end of 34th street,
creating a passive park and activating the waterfront.
The west tower is being planned to be approximately 42 floors
with targeted offerings geared toward households with and
without children. Unit sizes will average 1,193 square feet and
offer open floorplans with water and skyline view corridors.
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