20-Story Allure North Miami Proposed With 360 Apartments

Developer Tate Capital has submitted plans to the city of North Miami for a 20-story project called Allure.

Allure North Miami is proposed to include:

  • 360 apartments
  • 8,429 square feet of retail
  • 603 parking spaces

The parking garage would be connected by an elevated bridge.

The developer is getting a 99-year lease on the 2.11 acre site from the city for just $100,000 per year, according to the SFBJ. In addition, the North Miami Community Redevelopment Agency is set to grant $15.2 million towards infrastructure.

The project was reviewed by the city’s Planning Commission on November 2.

Groundbreaking would take place around the first quarter of 2023 if approval is granted, the developer said.

Kobi Karp is the architect.

 

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Anonymous
20 days ago

$100K per year for a 99 lease??? SOMEONE IS GETTING MONEY UNDER THE TABLE FOR THIS.

Anonymous
20 days ago

It was probably to incentivize development…..or maybe that’ll be the reason given lol.

miami rents up 25% year to year
19 days ago

for all the deals this developer is getting, where is the affordable housing?

Anonymous
19 days ago

Miami caring about affordable housing. You’re funny

Anonymous
19 days ago

That’s what I thought at first as well, but it looks about right based on some quick numbers, as long as the rent payments are inflation protected. This is a low rent neighborhood.

Grady Muhammad
6 days ago

Amen to that

Anonymous
20 days ago

That massive parking garage is beyond terrible.

Anonymous
19 days ago

Yep…..It competes with the units tower.

Anonymous
19 days ago

What an eyesore!!!

Anonymous
20 days ago

2023?!

Anonymous
19 days ago

That’s the ugliest building ever!!!

Anonymous
19 days ago

Another “beaut” from Kobi Krap.

Adrian
20 days ago

That is a really really fun design. If only they can do that with all buildings.

Anonymous
19 days ago

“Fun,” in other words, ugly.

Anonymous
19 days ago

Hope the payments are inflation protected.

Anonymous
19 days ago

This is just another teaser.
It won’t happen

Azarius
20 days ago

Nice project to increase density around transit and create a north downtown

i ride the mover
20 days ago

at best there is 1 bus route within walking distance. North Miami has a downtown. Steer development there

Anonymous
19 days ago

Extend Metromover to North Miami ‘cuz a railroad that has existed for over one hundred years and capable of a station doesn’t exist.

Azarius
19 days ago

Brightline should put a stop there or the inner city tri rail lol

Anonymous
19 days ago

They are planning on putting one around there since its near FIU’s Biscayne Bay campus

Anonymous
19 days ago

Who wants to live here? Why isn’t there more transit-oriented development in Miami?

Anonymous
19 days ago

Not bad.