Oak Row Equities and LNDMRK Development have completed the structural topping out of 2900 Terrace, a 32-story luxury rental tower at 401 NE 29th Street in Miami’s Edgewater neighborhood. The project will add 324 residences designed around spacious layouts, indoor-outdoor living and condominium-style finishes, with delivery anticipated in the fourth quarter of 2027.
Key takeaways
- 2900 Terrace has reached its structural milestone in Edgewater.
- The 32-story tower will include 324 luxury rental residences.
- Homes will average approximately 1,069 square feet.
- Amenities will span wellness, work, entertainment and outdoor recreation.
- Completion is expected in Q4 2027.
The topping out marks a significant step from construction to the next phases of interior build-out, amenity installation and final detailing. The development is being positioned as a high-end rental alternative for residents seeking condominium-level design without a for-sale commitment.
A spacious approach to rental living
Designed by Arquitectonica, with interiors by Vida Design and construction led by Coastal Construction, 2900 Terrace will offer one-, two- and three-bedroom residences. Select floor plans will include dens and enclosed studios, while wider living rooms and balconies extending across the length of each home are intended to create a stronger connection to the outdoors.
Floor-to-ceiling windows in select bedrooms will bring in natural light and frame views toward Biscayne Bay. Kitchens will feature dedicated pantry storage in certain layouts, alongside high-end appliances and finishes designed to elevate everyday functionality.
Amenities focused on wellness and flexibility
The project’s amenity program is planned to support residents’ routines at home, from fitness and relaxation to work and social gatherings. Planned offerings include:
- Fitness center, spa, yoga studio and hammam facilities
- Pool, pool lounge and padel courts
- Coworking and meeting spaces
- Cinema, private dining room and clubroom
- Dedicated areas for families and content creators
Together, the spaces are intended to provide a broad range of options for exercise, entertainment, remote work and community life within the building.
Edgewater location adds waterfront access
2900 Terrace will sit east of Biscayne Boulevard and one block from Biscayne Bay. Residents will have nearby access to the Baywalk, a public waterfront promenade, while Biscayne Boulevard and Interstate 95 will connect the property with Miami’s major employment and lifestyle districts.
The location places the tower near the Design District, Wynwood, Brickell, Downtown Miami and Miami Beach. Its waterfront setting also reflects Edgewater’s continued evolution as a residential neighborhood with access to both urban amenities and outdoor spaces.
Part of a broader Edgewater strategy
Oak Row Equities, led by Erik Rutter and David Weitz, is also developing 2600 Biscayne in Edgewater. That planned 41-story mixed-use tower is expected to include 399 luxury rental residences, along with office and retail components.
For Oak Row and LNDMRK, 2900 Terrace represents a further expansion of Miami’s professionally managed luxury rental market. With the structure now complete, attention will shift toward delivering the residences, services and amenities planned for the building’s anticipated 2027 opening.