Construction is underway on a 32-story tower called Metro Edgewater.
The tower is being built next to the Paraiso Bay complex, and was previously called Paraiso Place during the approval process.
A construction permit is still in review by the city, even as foundation work is now underway.
A tree permit and demolition permit has been approved and issued. A building formerly housing a rehab center known as The Village was demolished to make way for the new tower.
According to the construction permit, Metro Edgewater will include:
There will also be a parking garage with about 300 spaces.
The developers are taking special care to design the ground level for pedestrians, including building a new promenade.
Apartments in the building will be targeted to millennials and young professionals, the developer previously told Miami planning officials.
The tower will top off at a height of 373 feet above ground.