Loft Downtown I is where the Related Group proved that Downtown Miami could do industrial chic at a workforce price. Completed in 2005 at 234 NE 3rd Street, Loft Downtown I is a 23-story tower with 193 loft condominiums, designed by Cohen Freedman Encinosa and Associates. Stained concrete floors, 10-foot ceilings, and a zen courtyard with a thermal waterfall gave it a South Beach attitude at downtown prices, and its resale and rental markets still move quickly among Downtown Miami condos for sale and for rent.
Loft Downtown I Key Facts
- Address: 234 NE 3rd St., Miami, FL 33132
- Neighborhood: Downtown Miami (Central Business District)
- Developer: The Related Group
- Architect: Cohen Freedman Encinosa & Associates
- Stories: 23
- Total Residences: 193
- Year Completed: 2005
- Residence Sizes: 625 - 1,185 sq. ft.
- Floor Plans: 1- and 2-bedroom loft layouts
Loft Downtown I Residences and Industrial Style
The 193 residences here are true lofts: open floor plans, stained concrete floors, tinted impact-resistant glass, 10-foot ceilings (12 feet on the penthouse level), Italian kitchen cabinetry, and stacked washers and dryers. Nine residences per floor keep the building intimate. As the first of the Related Group's Loft Miami workforce-housing projects, it was followed by the taller Loft Downtown II next door. The sibling towers share a design language with Centro, another downtown loft address.
Zen Courtyard Amenities
Amenities center on a courtyard with a plunge pool and thermal waterfall, Feng Shui seating areas, a tea garden, a juice bar, and a koi fish pond, plus a fitness center, aromatherapy steam room, lava rock sauna, multi-function club room, and a two-story lobby with 24-hour concierge.
Walk to Bayside and Bayfront Park
From 234 NE 3rd Street, residents walk to Bayside Marketplace, Bayfront Park, the Kaseya Center, and the Adrienne Arsht Center, with the Metromover close by. Brickell is five minutes by car and South Beach about fifteen. See more Downtown Miami condos and new residential developments.
Loft Downtown I Frequently Asked Questions
Who developed Loft Downtown I?
The Related Group of Florida developed it as part of its Loft Miami workforce-housing projects, designed by Cohen Freedman Encinosa & Associates. It was completed in 2005.
How many units are there?
193 loft condominiums across 23 stories, in one- and two-bedroom layouts of 625 to 1,185 square feet.
What makes it a loft building?
Open floor plans, stained concrete floors, 10-foot ceilings with floor-to-ceiling glass, and an industrial-modern aesthetic throughout.
What amenities does it offer?
A courtyard with plunge pool and thermal waterfall, Feng Shui seating areas, tea garden, juice bar, koi pond, fitness center, aromatherapy steam room, lava rock sauna, club room, and 24-hour concierge.
How does it relate to Loft Downtown II?
Loft Downtown I came first; after its success, the Related Group built the taller Loft Downtown II nearby with more units.
Can I buy or rent here?
Yes. The building has active for-sale and for-rent markets, and its price point keeps it among the more accessible downtown addresses.
