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18 To 24 Story Apartment Tower Planned Near Canvas, Groundbreaking In Under A Year

Developers are planning another tower near the newly completed 37-story Canvas condo, according to the Daily Business Review.

TSG Group and Linéaire Group closed on the purchase of a 30,000-square-foot property at at 1765 N. Miami Ave. on March 14, for $5.9 million. The land is in a tax-advantaged Opportunity Zone.

The 37-story Canvas condo tower is nearby, as is Melo Group’s 35-story Miami Plaza, now under construction.

The developers said they will build an apartment building between 18 and 24 stories tall, and include ground floor retail.

There are at least three Opportunity Zone funds interested in investing in the project, one of the developers said.

Construction is set to begin in early 2020, with completion in early 2022.

 

 

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Anonymous

This area is essentially a clean slate and the City of Miami and developers should be building complete streets.

Anonymous

A lot of untapped potential for sure.

Anonymous

So true..but this was also the case with the Worldcenter area and the city did not even achieve complete sidewalks, much less complete streets.

Suomynona

What do you mean by “complete streets”?

Anonymous

Good luck when it took over thirty years for them to make Brickell Avenue less like a generic highway.

Anonymous

Didn’t Mana say it was impossible for anyone to build right now?

Anonymous

LOL – That little muskrat is so cute when he pretends to be a developer.

Anonymous

For some reason Reminds me of Avra. It only took her five years to restart The Royal Motel Restoration.

Market Urbanist

Lol muskrat.

Anonymous

Fantastic views of the city cemetery!

Anonymous

Ha…thought the same thing but I guarantee if the price point for the apartment is correct that there will be no problem renting them…

Anonymous

According to the master plan it’s zoned as a transit hub

marc

Good thing that cemetery is old and covered in mature trees creating a canopy where you can barely see anything from above 2 floors.

Anonymous

Good point!

Anonymous

Make sure to posts some pics from your apartment there

Anonymous

Views to die for.

Anonymous

Won’t be first apartment project next to a cemetery.

Anonymous

No, it’s not. There are a lot of people in this city who need to travel and see how cities much bigger than Miami build next to cemeteries.

Anonymous

Name one

Anonymous

Why should I?.. if you think I don’t know what I’m talking about, then look it up, you have internet service.. stop being so lazy.

Anonymous

Let me guess you’re a republican

Anonymous

when you live in such a bubble and and ignorant of your actual party demographics.

Anonymous

Anonymous can’t even name a comparable city LOL

Anonymous

Key west

Anonymous

there’s no 24 story condos next it

Anonymous

You’re gross

LOL

As a filling station resident, we used to say we have the quietest neighbours.. LOL Also got to see a couple of burials.

Anonymous

Omni/E&A about to blow up.. Opportunity Zone $$$