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Construction Permit Issued For 397 Apartments, $85M Costco At SoleMia

Contractors have pulled construction permits for twin apartment towers and filed to build a Costco at SoleMia in North Miami.

The apartment permit was issued on April 21. According to the permit, twin 17-story towers and a 5-story parking garage are being built.

Total value of the apartment job is estimated at $91 million. There will be a total of 759,250 square feet, with 397 apartments.

The Costco is valued at $85 million, according to the SFBJ. The construction permit for the store was filed on April 21.

SoleMia will also include a car dealership, high-end cinema, and gourmet grocery. Eventually it could also include 4,390 residential units.

 

Costco’s existing store is directly adjacent to the SoleMia project.:

 

lease plan from 2015:

 

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5 Comments on "Construction Permit Issued For 397 Apartments, $85M Costco At SoleMia"

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Anonymous
Anonymous

“Walk to Costco from your class A apartment that’s not even on the beach!”

HARD PASS.

Anonymous
Anonymous

Isn’t solemia right next to a Costco already? This is the same one in Aventura right?

Anonymous
Anonymous

yeah I’m not too sure I get what’s going on here?.

Tomas Possenti
Tomas Possenti

Costco owns the land where the current store is. Most likely they got offered to purchase the land to create a 3rd main entryway into the project, and a long term lease in exchange for land.
The Tires plus on the Outparcel has had some foreclosure issues from what I recall, so they may have already purchased the note on that as well.

Anonymous
Anonymous

Costco is probably building a new store.. they recently moved the one in Doral a short distance as well.

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