688-Unit Apartment Complex Proposed On Miami River

Mast Capital has submitted a proposal for a 688-unit apartment complex on the Miami River.

The eight-story project would be built in two phases on what is currently a vacant lot.

In addition to apartments, it would also include 780 parking spaces (a 30% reduction from requirements due to transit proximity), and 2,795 square feet of retail.

Mast is in contract to purchase the 6.31 acre lot, which is within walking distance of Marlins Stadium.

Miami’s UDRB is scheduled to review the plans January 17. Corwil Architects is the architect.