Construction Continues At 51-Story Natiivo, Where Condo Sales Are Surging

Downtown Miami’s 51-story Natiivo tower says it has seen an acceleration in sales since a groundbreaking took place in February.

In the 45 days following the groundbreaking event, Natiivo sold an additional 50 condo units, the developers announced in a press release late last month.

In total, 300 out of 448 units in the building are now sold, or over 70%.

Natiivo says it has seen a surge of interest from millennial-aged buyers and out of state buyers, from states such as New York, Washington D.C., Texas, New Jersey, Wisconsin, California, Washington State and Illinois.

Units at Natiivo will be allowed to be rented on short-term platforms such as Airbnb, and demand and pricing for rentals of those units have been skyrocketing in the past month as the travel market returns.

In addition to 448 residences, Natiivo will include 240 hotel rooms, office space, amenities, and food and beverage space.

Foundation work continues, and completion is set for 2023.

 

36 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anonymous
3 months ago

They don’t have a permit for their test piles yet or for their foundations. The crane is merely decorative at this point.

Azarius
3 months ago

Can’t wait to see this finished. This area will have better foot traffic than Brickell! Especially during game time!

Anonymous
3 months ago

You can say that about the area but this is one uninspiring building design.

Azarius
3 months ago

Design wise it’s different from anything like Miami and I kinda like that. with the mix of hotel apartment and office space, this building will be real active.

Anonymous
3 months ago

I totally get that but it’s true that there’s little inspiration in the design other than the materials being used

Anonymous
3 months ago

“Design wise it’s different?”

Dude, this is one unimaginative design. It literally is what a lot of people who come on this site say, a “boring box!” Sheesshh.. they could’ve thought of something a little more stylish to grace Miami’s skyline.

Azarius
3 months ago

The height is enough. Every building isn’t supposed to be Paramount ( two black away) or Okan nor 1000 museum. We need basic buildings that are a little different and is affordable. We already don’t make enough to really economically live in these buildings! So yeah add so brick instead of painted stucco and a few design features and I’m Happy with the product. Plus a prime lot right on BB will most certainly have a stunning design and add to the skyline.

Anonymous
3 months ago

The height of the Natiivo tower is opinionated. Personally, I think it could be taller. No one is asking for Natiivo to have same designs like Okan or 1000 museum. But the design is so ho-hum and unimaginative to the point where even a non architect or probably a third grader could draw it up. And itt doesn’t matter how much you like it, the truth is, it’s very, very, unenthusiastic.

Anonymous
3 months ago

Except EVERY building except Paramount proposed for MWC likely built will essentially be a box, a far cry from the balance of imaginative architecture and infill fillers of previous proposals. Even Brickell City Centre has some more imaginative design, and its proposed tallest is just a box.

Anonymous
3 months ago

How is this different than every other box in miami?

Anonymous
3 months ago

agree with you

Anonymous
3 months ago

Imagine the foot traffic in the CBD if Skyrise was also getting finished by 2023

Anonymous
3 months ago

Please, that Skyrise design needs to go the way of the doe doe bird, “dead, dead, dead!!!” So please, don’t mention it anymore.

Azarius
3 months ago

Not crazy about the design but I would like to see a iconic structure go there to represent Miami

Anonymous
3 months ago

I’m not crazy about that bobby pin design either, but Miami needs something designed much better to grace it’s skyline.

Anonymous
3 months ago

Too bad OBP got neutered.

Anonymous
3 months ago

I love the SkyRise. I hope it will happen!!

Anonymous
3 months ago

Don’t mind Skyrise happening either, just with a much, much better design.

Anonymous
3 months ago

It amazes me how people think bouncy rubber orange ball hooligans will contribute to the economic vitality of an area (remember the LeBron James hype ten years ago that never happened). L.A. Live wanted to achieve the same, and it’s been pretty lackluster. Better start greasing lampposts!

Anonymous
3 months ago

^ Never heard of such a thing.. I mean, not here in Miami. So tell us, what is the “Labron James hype?”

Anonymous
3 months ago

Great location!

Anonymous
3 months ago

This building will become a dump just like operah tower in a few years. And Harvey Hernandez is involved so you can almost guarantee bad workmanship lol

Anonymous
3 months ago

Interesting how there will be a dedicated hotel but also AIRBNB.

Anonymous
3 months ago

This will wind up being just like 485 Brickell with the W and condos that are mostly AirBnB above. That place is super sketchy and smells like pot 24/7. Even walking up Brickell Avenue and across the bridge, you’ll smell it almost any time of the day.

Anonymous
3 months ago

agree, some of the airbnb crowd is no bueno

Anonymous
3 months ago

Natiivo was naive

A. Nonymous
3 months ago

On my calculator, 300/448 * 100 = 67%.

Anonymous
3 months ago

Well, rounding up….

Anonymous
3 months ago

Meanwhile Mana…

Anonymous
3 months ago

Typical BS from developers.
Harvey Hernandez probably out already and now land owner turned developer left holding the big and half pregnant.

Plus 200 room hitel.competinh against 448 short term rentals….bad mix

Anonymous
3 months ago

It will be Opera Tower 2.0. Bring on the drug deals and gun fights in the lobby!

Anonymous
3 months ago

and dogs on the balconies for 9 hours, onlyindade is showing those videos 🙁

Anonymous
3 months ago

wtf?..

Anonymous
3 months ago

Opera Tower is a 57th Street billionaire tower compared to Everglades on the Bay/Vizcayne.

Anonymous
3 months ago

both are definition of “MEH”

Anonymous
3 months ago

The Luma rental Tower and the development of the Freedom Tower condo will destroy all.their views.
Nut project
Landlocked in.Downtown Miami