A construction permit application has been submitted to begin building 501 First, a 40-story downtown Miami condo tower planned without parking.
The project is planned to include 448 condos. All of them were sold by last August, the developer previously said, just a few months after sales launched.
Records show that a construction permit application was submitted on December 23, with the full plans uploaded on February 2. An expedited life and safety review was granted on February 15.
According to the construction permit filing, 501 First will include:
The total hard construction cost is estimated at $68,935,000.
A construction contractor is not yet attached to the permit.
There is also a demolition permit pending to clear a building dating back to 1924 from the site.
A 1924 building on the site set to be demolished:
(photo: Phillip Pessar)