3501 Northeast 1st Avenue

Developers Plan 48-Story Condo Tower With 400 Units At 3501 NE 1st Avenue In Midtown Miami

8:00 am on May 12, 2024 By Oscar Nunez

Terra and Lion Development Group have unveiled plans for Midtown 1, a 48-story residential building located at 3501 Northeast 1st Avenue in Midtown Miami. Scheduled to be reviewed by Miami’s Urban Development Review Board on May 15, this 598-foot-tall structure will offer 606,856 square feet of space, encompassing 400 condominium units, 27,658 square feet of retail space, and 498 parking spaces. The units will vary in size, ranging from 868 to 2,200 square feet, with a 14,471-square-foot penthouse atop the building. Arquitectonica is responsible for the architectural design, with interior design by Yabu Pushelberg and landscape design by Clad Landscape Architecture.

Terra And Lion Development Group Acquire Prime Property For ‘Iconic’ Condominium Tower Designed By Arquitectonica In Miami

8:00 am on June 28, 2023 By Oscar Nunez

In partnership with Lion Development Group, Miami-based Terra has acquired a prominent 1.6-acre property at 3501 Northeast 1st Avenue in Miami for $40 million. The site’s strategic location will transform into an iconic luxury condominium tower at the intersection of highly sought-after neighborhoods, including the Design District, Midtown, Wynwood, and Miami Beach. The esteemed architectural firms Arquitectonica and Yabu Pushelberg have been entrusted with the design of this forthcoming landmark. Metropolitan Commercial Bank has provided $30 million in financing to facilitate the property acquisition and fund initial site development, paving the way for groundbreaking in 2024. The completion of this project is estimated for 2026.