Construction is now officially under at downtown Miami’s 501 First.
A groundbreaking ceremony was held on December 13, according to a social media post by Oneworld Properties, which handled sales at the development.
The 40-story tower is unusual in that it is being built without a parking garage.
All 448 condos were sold out as of last year.
Aria Development Group and Aqarat are the developers.
A 1924 building on the site set to be demolished:
(photo: Phillip Pessar)