Aria Development Group is one step closer to obtaining a demolition permit for a downtown Miami property in order to make way for a 40-story tower.
The building to be demolished is 97 years old and was completed in 1924, county records show.
The demolition was nevertheless approved by the Miami Building Department’s Historic & Environmental Preservation review officer on August 27, just one day after the demolition plans were submitted for review.
The HEP officer wrote in the approval notes that although the building dates to 1924, it is outside of the Downtown Commercial Historic District.
The demolition permit now awaits full approval from the Building Department – usually a formality.
Aria is planning to build the 501 First tower tower on the site, and launched sales for 448 residential condo units earlier this year.
The new tower will be unusual in two ways – it will not have a parking garage, and owners will be allowed to rent units on a short term basis, including through Airbnb.
A construction permit for the new 40-story tower has not yet been applied for.
Completion of the new 40-story tower is scheduled for the first quarter of 2023.