Downtown Miami’s M-Tower has moved into the construction permitting phase.
According to Miami Building Department records, an application for a construction permit to build the tower was filed on October 24.
The filing states that the tower will rise approximately 56 stories, or 650 feet.
M-Tower will have 675 living units, the permit filing says.
A filing with the UDRB earlier this year showed the project would also have 694 parking spaces and 10,531 square feet of commercial.
Total hard construction cost is estimated at $191,710,751.
Balfour Beatty is listed as the contractor. Downtown 1st Street LLC of Great Neck, New York is listed as the owner.
The full construction plans have not yet been filed, so review is not yet underway.
A tree permit was also applied for on the same day.
A demolition permit was applied for in May, and is still being reviewed.
