Melo Buys Another Downtown Miami Property Where Hundreds More Units Can Be Built

Melo Group has purchased another property next to the Signature Bridge where they can build a tower with hundreds of units.

Under an affiliate known as River Plaza II, the developer paid $16.5 million for a 35,000-square-foot assemblage. The transaction was first reported by The Real Deal.

The newly acquired properties are at 1301 North Miami Avenue and 1304 North Miami Court, and 1312, 1326 and 1334 Northeast Miami Court.

They are currently occupied by a warehouse, and a small apartment building.

Melo’s 36-story Art Plaza is located across the street.

Zoning on the new property allows a 24-story building with 500 units per acre, which is the same that the Art Plaza site had when acquired by Melo.

Melo was able to change zoning on their Art Plaza property in 2017 to allow for a taller tower with more units. They ended up building those towers at 36 stories, although they could have been even taller once zoning was changed.

 

 

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Anonymous
4 months ago

They’ll probably pour the foundation this weekend.

Anonymous
4 months ago

😂😂😂😂😂😂

Debbie Downer
4 months ago

Yeah, those ugly towes don’t require that much planning!

Anonymous
4 months ago

Damn Debbie…….you hating……

Anonymous
4 months ago

Thank god it was Melo and not Mana!

Anonymous
4 months ago

Melo is so hot right now!!!!

Anonymous
4 months ago

Topped off by halloween

Anonymous
4 months ago

Welcome to the Melopolis!

Anonymous
4 months ago

Melosburg

Anonymous
4 months ago

Melovillopolisburg

Anonymous
4 months ago

Mellostan

Anonymous
4 months ago

Melvana

Sonic.
4 months ago

Melosia!

Anonymous
4 months ago

Melomamas!

Anonymous
4 months ago

MeloMannaics!

Anonymous
4 months ago

Melocotón 🍑

Anonymous
4 months ago

Melodrama

Anonymous
4 months ago

SupercalifragilisticexpialiMelocious

Anonymous
4 months ago

Meloxican

Anonymous
4 months ago

That’s a medicine for arthritis!

Anonymous
4 months ago

Melodicine

eymay
4 months ago

Melopolitan

Anonymous
4 months ago

MeloPara

Anonymous
4 months ago

I guess the rental office will be open in six months or so… 🙂
Melo making Miami better.
Mana – please sell everything and leave. Shame your are hindering downtown Miami’s improvement.

Anonymous
4 months ago

You’re

Anonymous
4 months ago

Where do you live?.. I’ll hinder the growth there too…

– Mana

Anonymous
4 months ago

To be fair, I don’t want to see Melo build on a lot of Mana’s properties. It’s prime real estate with far greater potential than Melo could deliver and Mana will not.

Anonymous
4 months ago

Amazing location!!

Anonymous
4 months ago

Lets go sigma male melo

Anonymous
4 months ago

Pre-leasing started

???
4 months ago

It’s hard to believe there are empty lots in this area that are vacant… I know people own a few but it’s still surprising! To be that close to so many things an right next to the bridge to Miami beach I would think the whole area would be dense with retail, residential, office an entertainment but somehow it’s not.

Anonymous
4 months ago

Not for long

Anonymous
4 months ago

the existing towers in the area are only partially occupied…similar to the area…doesnt create a huge demand for retail who have to now pay higher rents due the speculator driven real estate assessments….high rent blight up and down parts of biscayne…

Anonymous
4 months ago

It’s fine if there’s a few melo buildings scattered around, but if a whole area is only melo buildings it’ll look ugly.

Anonymous
4 months ago

Lots of empty lots. Once Melo puts up all these buildings and the area is filled with people we will have nicer and more expensive buildings as the demand went up.

Anonymous
4 months ago

Melo = Density

POLO
4 months ago

Can somebody stop this guy from populating Miami with ugly, after ugly towers! In the not to distant future, Miami will look like Moscow in the 1970’s!

Anonymous
4 months ago

because empty lots, crime, homelessness, and garbage are better and more charming?
Moscow comment is not based in reality.

Anonymous
4 months ago

This ain’t Russia

Anonymous
4 months ago

Yes, it is Russia. I can see Russia from my house!

Anonymous
4 months ago

Gee, I can too ya no…

– Sarah Palin

lol…

Anonymous
4 months ago

“Can somebody stop this guy from populating Miami with ugly, after ugly towers!”

Why.. because you’re jealous?

Anonymous
4 months ago

Stupid comment!

Anonymous
4 months ago

Stupid reply!

Anonymous
4 months ago

They will jumpstart the area for more nicer buildings

Anonymous
4 months ago

Name another developer taking the risks in this area…

Anonymous
4 months ago

Forget it.. most of these whiners about Melo must work for the land bankers.

Anonymous
4 months ago

“It’s fine if there’s a few melo buildings scattered around, but if a whole area is only melo buildings it’ll look ugly”

Well, you keep waiting for those “pretty buildings” that you’re looking for some other developer to build. My money is on The Melo Group.

Love me some Melo.

Anonymous
4 months ago

Melo said awhile back that there would be a Downtown Sixth in addition to Downtown Fifth and Downtown First, this is probably it.

Anonymous
4 months ago

No, they said downtown 6th will be built across from downtown 5th.

Anonymous
4 months ago

But where at though, what empty lot is across the downtown 5th. I only see the lot for that never happening turkish building available.

Anonymous
4 months ago

Not sure of the exact location, but that’s what The Melo Group did say.

Azarius
4 months ago

Downtown 6 is on the same block as 5th next to the church. Across from 501 first

Anonymous
4 months ago

That’s where it will be once it’s built.

Anonymous
4 months ago

Damn, was kinda hoping that Melo would buy up those grass plots and parking lots around his buildings to fill in the teeth of the area before anything else.

Anonymous
4 months ago

Estefan’s own one and still haven’t built on it.

Anonymous
4 months ago

They must’ve hired Mana as the developer for their lot.

Anonymous
4 months ago

Few slumlords now like lottery winners.

Anonymous
4 months ago

another ugly building in the urban core, so sad!!!

Anonymous
4 months ago

Yeah, that one story crap shown in the picture that the Melo Group purchased is quite ugly.

Anonymous
4 months ago

Unfortunately, that area from N.Miami to NE 2nd and NE 13th to NE 16th is filling with Melo’s unattractive, poor build-qualty, yet relatively affordable, high-rise slums. The walls are paper thin, garages are dangerous, the management is non-existent and the buildings are crime and drug infested.

Anonymous
4 months ago

Affordable or not, I would never rent in another Melo property; been in three. Walls are thin, hallways and elevators are filthy, management is poor, security is non-existent, garages are too narrow and accident prone and the buildings/hallways always wreak of marijuana.

Anonymous
4 months ago

Oh great.
So many empty lots in that area.
Hopefully Melo gets creative too

Anonymous
4 months ago

blame the Estefan’s, they own some of those empty lots.

Anonymous
4 months ago

How mich taller could Art Plaza towers have been?

Anonymous
4 months ago

cuban said the built Miami hahahah

Ick.
4 months ago

Melo means ugly. Ugly and boring design.

Anonymous
4 months ago

Meanwhile ZERO movement on the Tao at Miami Women’s club. The announcement came 2 years ago and the building is still in shambles with zero construction activity. Is Tao ever going to open in Edgewater at Miami Women’s Club?

Azarius
4 months ago

I would like to see Melo do something a little different with this project. He has the affordable piece down, now I would like to see him produce something unique and real Luxury. This will have views of the signature bridge and downtown skyline, direct access to the park and depending on position views of the bay

Anonymous
4 months ago

these guys are going to build whatever makes them the most money.

Anonymous
4 months ago

Azarius coming in hot telling melo group what to do with their property

Anonymous
4 months ago

… but has no skin in the game. Saying “I would like to see Melo do something a little different with this project” is not YOU making any progress what so ever.

Realtalk Reilly
4 months ago

WTF is wrong with someone commenting that they’d like to see Melo do something different with this property? Are you not aware that most of Melo’s buildings and the units in them are fairly unspectacular, compared to others that are more high-end and sold to wealthier buyers? Someone offers an opinion that they’d like to see him do something more upscale, and you don’t like that?

So, your opinion is that Melo should NOT do something different. He should be complacent and make something similar to his other buildings. WTF is that?? Why are you offended by someone suggesting that he should try raising the bar?

The only and obvious answer is that you work for Melo. Does he pay well? Does he give bonuses for defending and shilling for him online?

Anonymous
4 months ago

^ He and you can whine about what Melo is building but before you say anthing about the buildings they built, what was there before?.. go on, I’ll wait…. You see, if you’re not building anything to make your point, what the fuck are you talking about? Blah blah blah blah blah… useless and empty rhetoric that a number of whiners come this site and say about the Melo Group. You may like to hear it but that garbage really gets tiresome to me.

Azarius
4 months ago

I’m not whining about anything I just made a statement that I would love to see something different from Melo. Something he is already doing on the bay with Aria Reserve. Just think this is a good spot for such a project. The area can be what ever they make it. The performance art center is right there.

Realtalk Reilly
4 months ago

Who is whining? YOU, that’s who. Somebody said they’d like to see Melo do something more high-end with this property, taking advantage of the spectacular views it will offer, and I agreed. And you’re whining about that. If anything is tiresome it’s low-level employees of developers coming on here to shill for their bosses when they’re not busy fetching cafecitos and emptying the garbage.

That’s not to mention the absurdity of your “logic,” such as it is, that nobody should “say anything” about a building built on a vacant lot, since nothing was there before. Ridiculous.

OBVIOUSLY it is fair for people in the comments section of a real estate site to express their opinions on how well a developer utilizes a property and how much of its potential is achieved.

NYC Loves Miami
4 months ago

Maybe they want the rents to remain affordable. More high-end, more rent.

Linda C
4 months ago

You are exactly on point…Melo strives to keep the rent affordable for people & their families that work in Downtown Miami & the Hospital District & no longer want to make a one to two hour commute from West Dade. And he has built his rental towers in an area that was unsightly, with rundown buildings & unmaintained vacant lots. He brings in pedestrian traffic, local shops, landscaping & lighting. I applaud his efforts.

Altoids
4 months ago

Anonymous coming in hot dictating opinions. Anonymous coming in hot telling what azarius can think, want, and desire. You do know an opinion exists? They can have one, they dont need to build a building to have an opinion. It’s the internet, if you dont like opinions them im sorry to tell you whats to come in the future.

Anonymous
4 months ago

Yeah Altoids, and you do know this is the comments section, right?.. and anything you say, anybody can REPLY to it. I hope you get that. I mean, you can leave an opinion about someone’s opinion. Now don’t be all butt hurt when you see somebody do it.. okay…

Anonymous
4 months ago

it would be nice if melo build some really nice towers but if it is affordable housing i think they will built some modest towers. i’m happy they are building in this desolate neighborhood. a big project was planned nearby on some empty lots owned by the school board. these new melo towers could revive this project and could turn this area into a really hot neighborhood

Anonymous
4 months ago

They will build to what the market demands and have executed time and again so just sit back and watch.

Anonymous
4 months ago

This is not a baking show, fashion show, or some other competition where the ‘judges want to see what you bring to the table’ — this is real estate development in a major world city. Go shop these lots to other developers if you’re so confident.

Every developer has eyes and can see the same vacant lots and reach out to buy them for development. Most other developers are annoyed at this highway construction and frankly hate Overtown.

Anonymous
4 months ago

It’s always easier to sit on your ass and bash.

Paul
4 months ago

Melo is building some higher priced condos on the water. These buildings are in the school board area which is a few blocks inland and doesn’t really warrant high asking prices.

Realtalk Reilly
4 months ago

If you build it, they will come. As others have commented, many of these units will have truly spectacular views of the skyline, Performing Arts Center and new Signature Bridge. And it will only be a few blocks from MWC when that’s completed. You could sell premium here, if it’s done right.

Anonymous
4 months ago

Not if the location isn’t right for upscale product. Location, location, location.

There are cheap condos in little Havana that have skyline views, it takes more than skyline views. Views of the PAC and an expressway, come on guy. Try living up to your screen name.

Realtalk Reilly
4 months ago

So in other words, you’re not from Miami and don’t even know where this location is, exactly. It’s right by the Performing Arts Center, where upscale people often go for upscale entertainment. Not to mention — oh wait, never mind, I already mentioned it — it be only a few short blocks from the upscale MWC when that’s completed. So in short, you’re wrong. This location, location, location would support premium, premium, premium if done right.

Realtalk Reilly
4 months ago

*will be only

Realtalk Reilly
4 months ago

P.S. Posting anonymously with no consistent screen name means you forfeit the right to comment on other commenters’ screen names.

Anonymous
4 months ago

^ Oh, now we know who owns TNM.

Anonymous
4 months ago

i love the smell of hot miami highways and skyways in the morning…….and ive lived here 16 years still waiting on MWC to come to fruition….

Anonymous
4 months ago

“Affordable” comes at a cost. Poor build quality, unattractive interiors, no storage space yields reduced costs, lower rent prices and bad neighbors.

Anonymous
4 months ago

I live in one of the Melo properties and the interiors are cheaply made, everything breaks quite easily. Nothing “luxury” about it as they claim. Very basic. Build it and shove them in fast so the rent can be collected! Not a fan.