Melo Buys Again West Of Arsht Center, An Area Where They Plan At Least 2,000 Units

One block over from the recently proposed Museum Club hotel and shooting range, Melo Group has acquired 35,300 square feet of land.

Melo affiliate Miami Plaza LLC paid $11.5 million for the property this week. The developer is also in contract to buy the remainder of the block, bringing the total to more than 1.5 acres.

Melo already owns a large chunk of land just to the south of the newly acquired property, where they are planning a 1,500 unit rental project.

Melo’s newly acquired properties are:

  • 1545 NE MIAMI CT
  • 1529 NE MIAMI CT
  • 1523 NE MIAMI CT
  • 47 NE 15 ST
  • 1502 NE MIAMI PL
  • 1546 NE MIAMI PL

4 RIL LLC, managed by Ivan Sherman, is the seller. Sherman is also the manager of the company proposing Museum Club.

 

PreviouslyMelo Group Buys More West Of Arsht Center, Where They Already Plan Over 1,000 Units

Melo Plans 650 Units at 14 Plaza Property

 

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Transit_E
5 years ago

With all of this new development in the area, and in Wynwood (see Moshe Mana), it would be best if Metromover got extended from the School Board Station in the above map up North Miami Ave. That seems to be a no-brainer to me.

marc
5 years ago

It really is but I suspect the powers that be will probably go for something for light rail or a real trolley before they would ever extend the Metro Mover. Unfortunately we’re about how cheap can we do things down here. #novision

Anonymous
5 years ago

Which is a shame because expanding the metromover would be the easiest way to connect wynwood to the rest of downtown. They could move the metromover all the way up N. Miami to midtown mall. They could even charge for stations after the school board via exit fare booths. A stop at 22nd, 27th, and 34th would be incredible.

Anonymous
5 years ago

As a Midtown and Edgewater owner, I’d be more than happy with light real or a real trolley, as long as it links to Metro/AAF/TriRail. Unfortunately, I doubt we’ll even get that and can only cross my fingers for TriRail Coastal. At least that will only be one train switch away from the Metro and give pretty good connectivity.

Anonymous
5 years ago

Like really what is wrong with a light rail system ? People are obsessed with Metromover which is good however that not act like its cheap and the most beneficial alternative avaliable.

Anonymous
5 years ago

My only problem with a light rail is that given the track record of miami politicians, the LR would not have its own right of way so it will sit in traffic like a bus. Honestly the cheapest way is a BRT but everyone know there is no political will to give buses their own lanes.

Marc305
5 years ago

The Metromover has only seen one expansion since it first opened in 1986 and that was way back in ’94. It is definitely time to extended again. I wish they would put it up on the ballot next November and let the people in Miami decide. I am pretty confident that it would get a lot of support.

Anonymous
5 years ago

TriRail Coastal Link would be a commuter line on the existing tracks. It would connect from Jupiter all the way to Miami Central and would have a stop in the center of Wynwood (and then continue South to Miami Central).

Look it up. Would be a great and much needed transit project that would be operating on existing infrastructure through large, urban areas.

marc
5 years ago

The Coastal Link would not have a stop in the center of Wynwood. Where did you get that? It may have one either just North or just South of 36th.

Anonymous
5 years ago

From the proposal, it looks like the stop would be directly on 36th.

marc
5 years ago

I think that’s just a place holder since logistically that would be a nightmare location for a stop. I think it would have to accommodate some parking and drop off areas thus it would have to be just north or south of 36th and also consider where the most space is on the FEC ROW.

mondocondo
5 years ago

I think there is a rail line that runs along the side of Midtown Miami, crosses N Miami Ave, and then goes into the downtown that could easily serve this area with light rail.

Anonymous
5 years ago

Astute observation, Sherlock…those are the FEC tracks that Brightline/TriRail will use…

Anonymous
5 years ago

Its amazing to me how much land has nothing more than a field or parking lot in one of the most popular cities in the world. While some other cities running out of room to build Miami still has so much room to grow. I think in 10 or 15 years we will be on par with Chicago as far as skyscrapers go.

mondocondo
5 years ago

These are typically gritty urban neighborhoods that fell into hard times with various waves of suburban flight, first from development of the car and mass transit (1920s to 1940s), and then with expressways (1950s), combined with high levels of public corruption in the cities, and the quality of schools. Central cores have gradually revived in some cases now due to intolerable commute times, and relative value. Educational choices remain an issue, as do crime and other lifestyle constraints.

Anonymous
5 years ago

Yes this area is going to be hot with development the next couple of years.

Anonymous
5 years ago

Great news. So many projects coming to the Arts & Entertainment district: Auberge, New Worldcenter, Canvas, Milos Rental towers, the Estefan’s project. Must be about 6,000 condo/rental units in the pipeline. This neighborhood will be transformed. A real downtown!!!

Anonymous
5 years ago

We already have a real downtown. It’s located downtown. You should visit sometime.

Anonymous
5 years ago

i lol’ed at your comment but the sentiment to which you replied is a nice one indeed. this neighborhood will be a nice urban center.

Anonymous
5 years ago

Actually, our real downtown is Brickell

Anonymous
5 years ago

Truth, even Edgewater is slated to overtake CBD this cycle. Wouldn’t surprise me if the Omni, MIdtown and Wynwood do, too. Don’t understand how the CBD saw basically nothing this cycle, but it can’t bode well for future development. Oh, but wait…Moishe Mana’s going to revitalize…errrr…renovate…the area!

Anonymous
5 years ago

Au contraire. The CBD – home to All Aboard Florida, Miami World Center, PMG at 300 Biscayne 1049 foot tallest luxury condo in Miami, Gary Nadar Miami Dade College Art Museum and convention Center,World Trade Center, Zahad 10,000 Museum, Met’s 1800 room hotel and convention center , Bloomingdales and Macy 750,000 sq ft mall, Met’s Movie theaters and apartments, the Langford Hotel, Centro, Frost Science Museum, Whole Foods Market, Epic Hptel, JW Marriott Marquis Hotel plus all of Old Miami Olympia Theater, Ihgram Building, DuPont Building, over 100 yr old first Catholic Church in Miami Gesu Catholic Church on National register of Historic Places, the old Dwyer Federal Court. house, The old First Post Office building built in 1920’s, MeroMover and MetroRail, American Airlines Arena, Miami Art Museum,- etc. etc. etc. sorry I’m out of time.

Anonymous
5 years ago

You’re also out of material to list so you rely on things already existing, in different neighborhoods and probably not happening any time soon.

Anonymous
5 years ago

back in 2014 melo announced melody and another project just west that was supposed to be something like 1500 units and retail. Anyone know if this is part of that plan? This will really be well received by people wanting to live by museums and the pac….kinda wish someone would build condos just north of 395 as views to downtown are striking and views to east not bad either.