The Melo Group, one of Miami’s the most active high-end real estate developers, has their eyes set on the redevelopment of 3.68 acres of land spanning several blocks beside Biscayne Bay in Edgewater. In August of 2019, the developer unveiled plans for Island Bay, two twin 60-story mixed-use towers featuring designs by non other than Arquitectonica, and both reaching a structural height of 637-feet. The site of the proposal is addressed as 700 Northeast 24th Street, which includes approximately 168,262 square feet of total area across 24 parcels.
Articles by Oscar Nunez
Just a month after the unveiling, Aria Development Group has submitted applications to the Urban Development Review Board seeking approvals for the construction of their upcoming 40-story tower known as 501 First Residences in Downtown Miami. Designed by renown architect Revuelta Architecture International with interiors by Shim Projects, the development is located at 501 Northeast 1st Avenue, at the south-western corner of the interior lot including the addresses 121 NE 5th St. and 515 NW 2st Ave. The tower is expected to yield 393,912 square feet, including 448 fully furnished luxury residential units and 3,127 square feet of commercial space.
Miami-Dade County’s Department of Regulatory and Economic Resources is now reviewing applications seeking approval for the construction of Princeton Crossing, an 8-story residential building planned to rise at the intersection of SW 252nd Street and what will eventually be SW 138th Avenue in the Princeton Community Urban Center District. The developer, 22 Princeton, LLC., intends to build 150 residences and on-grade parking on 22.61 acres of currently vacant land. Behar Font & Partners is the design architect for this project.
New York City-based JDS Development Group, one of the country’s leading companies in real estate development, has announced 80% of the inventory at Monad Terrace has been sold including all four penthouses. Designed by world-renowned design firm Ateliers Jean Nouvel, Monad Terrace is a high end residential development comprised of two structures of 7 and 14 stories, addressed as 1300 West Avenue and located along Biscayne Bay with it’s interior lot nestled between 13th Street and 14th Street. This sales milestone has been reached with the recent closing of one of the building’s crown jewels, the opulent PH-A, which sold for $11.8 million.
Plans have been submitted to the Urban Development Review Board of Miami seeking approvals for Evvo House Miami Hotel, a 12-story mixed-use building to be located at 8001 Northeast Bayshore Court in the Upper East Side, Miami. The property’s interior lot faces Biscayne Bay to the east, bounded by the intersection between NE Bayshore Court. and NE 80st Street, also within close proximity to the John F. Kennedy Causeway along NE 79th Street that crosses over to Normandy Isles. 8001 Bayshore Group LLC, an affiliate company of Standard Partners LLC, is listed as the owner of the applications.