The city of Miami is in negotiations to sell Fire Station No. 1 at 144 N.E. 5th Street to Miami Dade College, according to a report.
As part of the deal, the city has applied to rezone the 28,000-square-foot site to “central business district,” which would allow for 80-stories or 640 residential units.
The property is just down the block from 520 Biscayne, which three developers are currently bidding for. An MDC spokesman said that the Fire Station site would “round out its Wolfson Campus footprint and address unmet space needs.”