Melo Group Buys Chinatown Property Zoned For Transit-Oriented, Mixed-Use Development With 800 Units

Melo Group has closed on the purchase of another development property.

A spokesperson for Melo today confirmed the purchase at a price of $28 million in a statement.

The newly purchased property is on Biscayne Boulevard, between 18th and 19th Streets.

The 68,400-square-foot lot spans a full city block and is zoned for a transit-oriented mixed-use residential development with up to 800 units and street-level retail. Joel Rodriguez of Global Investments Realty represented both the buyer and seller in the transaction.

In 1990, developer Isaac Shih had proposed a Chinatown development with 200 condo units and three stories of Chinese businesses on the property. The developer caused an uproar by demolishing several historic buildings on the property, and the project was eventually shelved.

There are multiple developments planned in nearly every direction from the property. Across the street, the 1836 Biscayne apartment tower is planned by Fifteen Group, while a 53-story project known as V Downtown is proposed on the lot just south. Kushner companies is planning multiple tower at 1900 Biscayne and 2000 Biscayne where they are about to break ground.

The Melo Group has helped put Miami’s Arts & Entertainment District on the map, activating the area with nearly 3,000 transit-oriented residential units and over 45,000 square feet of retail/restaurant space over the last five years. Recently completed developments in the area include the sold-out 648-unit Aria on the Bay luxury condominium, the 497-unit Melody rental tower, the 710-unit Square Station multifamily development and the 667-unit Art Plaza apartment towers. The firm is also currently finishing up construction on the 437-unit Miami Plaza rental tower, which is slated for delivery in mid-2020.

 

 

 

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Anonymous

Great news!! One less empty lot in the area. I’m tired of all the speculators and flippers holding back developments!!

Anonymous

I feel you bro….

Anonymous

That’s Melo.

Anonymous

Two to three towers can easily go on that spot and with restaurants and retail facing Biscayne Blvd it’s a huge step in the right direction!!

Anonymous

The Melo group is overcrowding Edgewater. No parks (besides Margaret Pace) will cause young families to move out. Grave mistake. Biscayne boulevard traffic is becoming a nightmare!

Anonymous

You want this area and basically all of downtown to resemble the suburbs and it’s not supposed to resemble a suburban area like Coral Gables or West Kendall with parks everywhere. What you see is the Melo Group building in an area that had nothing but empty and desolate lots in it, so if families choose to move into one of Melo’s new projects, they know what their getting themselves into. And if a family moves out because “Biscayne boulevard traffic is becoming a nightmare,” they should realize that they are one of reasons it’s like that. There are plenty of suburban areas with all kinds of parks in MiamiDade county that families can move to, so it’s unnecessary to worry about them.

Anonymous

We have a Chinatown ?

Azarius

Trying to make a china town in NMB and Opa locka alone i95 between 95 and 7th Ave 125 to 135

Anonymous

Best place to get a greenteacito ?

Anonymous

163rd St— Dumpling King, Amy’s Bakery, Beijing Mart… I could go on and on…

Anonymous

<3 <3 Dumpling King <3 <3
I could eat their soup dumplings and spicy beef hot dip all day long.

Anonymous

A few Chinese restaurants does not make a Chinatown. If that were the troubled case, then I could say that Jacksonville or Gainesville have “Chinatowns”. HAH! Broward county actually has a much larger Asian population than Dade county. You see authentic Chinese restaurants and grocery stores in Broward county and even in Palm Beach county.

Anonymous

Too bad Melos designs are all about boxy non interesting buildings

Anonymous

Well, we in this city are tired of waiting on you.

Anonymous

The Melo group is overcrowding Edgewater. No parks (besides Margaret Pace) will cause young families to move out. Grave mistake. Biscayne boulevard traffic is becoming a nightmare!

Anonymous

Polly want a cracker?

Anonymous

The whole thing about creating a Chinatown was preposterous. You need a Chinese community to achieve that which is non existent here.

Anonymous

Ever drive on 163rd st east from I-95 ?

Anonymous

Not part of City of Miami.

Anonymous

Dadeland is full of Asians now, could be the next Chinatown.

Anonymous

And the Gables with all the UM students.

Anonymous

Transient students who are here to gorge on Western Culture make up a permanent Chinese community

Anonymous

Dadeland is an unincorporated community. Nobody outside of Miami-Dade county even knows what Dadeland is except maybe the mall because it has been there for decades.

Anonymous

Exactly.

Anonymous

The neighborhood will benefit from this kind of infill, make it more connected.

Anonymous

Great news now this property is sure to be put to work. Melo will start pouring the foundation before the holidays!!

Anonymous

Knowing Melo, this is already on the 3rd floor!

Anonymous

The Melo group is overcrowding Edgewater. No parks (besides Margaret Pace) will cause young families to move out. Grave mistake. Biscayne boulevard traffic is becoming a nightmare!

Anonymous

The Melo Group are only ones building in Edgewater?

Dang.. I guess I’m reading fake news about other developers who built, building, or are planning to build projects in Edgewater then.

Anonymous

TOD. That means *minimal* to zero car PARKING! The City better hold them to this.

Anon

haha… there’s no way Melo doesn’t build parking. They’re market are young, car driving folks.

Anonymous

Why can’t we designate this area as commercial? I live in the area and we desperately need more options for food, entertainment. There are enough 30+ story residential buildings and the traffic is getting unbearable.

Anonymous

So a mini Brickell City Center?

Anonymous

There aren’t enough of 30 plus story residential buildings in the area and theres plenty to do in that area. Plus you have the metromover to go to brickell and are in walking distance to wynwood.

Anonymous

That is not walking distance to Wynwood.

Anonymous

Lazy

Anonymous

It’s not the distance so much as that sketchy stretch of 20th street between N Miami and NW 2nd Ave.

Anonymous

So, take a right on Miami, left on 23rd/24th, if you’re worried about the “sketch”

Anonymous

you can only access wynwood through 20th st and 27th. US1 is a nightmare already from 14th st to 37th. not complaining though.

Anonymous

I do that walk every time my car is in the shop, just walk on the side of the straight with the boxing gym, it has more lights.

Anonymous

I read all the time about people struggling to find places to live in, not more commercial space.

Anonymous

???? No more 30+ story residential buildings please

Anonymous

Okay, we’ll stop right now sir… what else do you want, no more street flooding during king tide?.. sure.. whatever you say sir. Your wish is our command….

Anonymous

That headline got my attention. I was thinking “Chinatown?? Miami doesn’t have a Chinatown. This must be an email from TNM, The Next Manhattan” lol!

Anonymous

Wow, that was in 1990, and the city didn’t learn from sleazy Chinese developers with Capital Brickell either.

Anonymous

Waitaminute, the Chinese aren’t the only ones with empty lots in this city you know.. so don’t just pick on them.

Anonymous

don’t you need transit to have a transit oriented area?
and I do not get it with the idea of just filling lots with whatever building the non-creative developers of this town come up with!!!

Anonymous

Geezzzzz you people whine about the same thing over and over and over and over and over and etc etc etc…..

iFlyMIA

Lots of empty lots in the area. Love that Melo Group continues to see potential. Hopefully a great project is built. With that being said, I wouldn’t mind a Chinatown.

Anonymous

Chinatowns are not developed you fool. They are populated by Chinese immigrants through push/pull causes (usually economic or political), just as Little Havana/Little Haiti were populated with immigrants.

Anonymous

The Melo group is overcrowding Edgewater. No parks (besides Margaret Pace) will cause young families to move out. Grave mistake. Biscayne boulevard traffic is becoming a nightmare!

Anonymous

Polly want another cracker?

Aria

What a disaster with this melo group. Another f88888 box with horrible design. Ban melo

Anonymous

Lol you will get some bites with this one

Anonymous

Don’t feed the trolls

Aria

You probably living in a better in overtown place than I got (cash) in Aria. I got a piece of garbage.

Anonymous

Nice sentence structure

Anonymous

“Nice sentence structure”

Say you what did?

Anonymous

“Chill Greta, Chill!”

Anonymous

I have friends in Melo’s buildings, they are poorly built. I just took a look at Square Station and the apartments look cheap, and the rents are $1750+ nothing included…So go figure.

Anonymous

Yeah, they should have marble floors, granite counter tops, Kohler faucets, two Olympic size swimming pools to sunbath around, and two parking spaces for each unit for that price.

Sheeessshhh!.. incredible how some people think they should be eating filet mignon steak on a McDonald’s budget.

Anonymous

$1750/mo 1 bedroom non waterfront bldg. should have all that but the 2 parking spaces.

Anonymous

Okay, scrap the 2 parking spaces. How about a jacuzzi tub in every unit?

Anonymous

Sure, if it was in Homestead. Open your eyes dude, it is 2019, not 1999.

Anonymous

Miami Whining!

Anonymous

You are right Aria.

Anonymous

Melo is really good at bringing people downtown but, would work best with a complementary developer bringing more live, work, play options (and nicer designs lol)

Anonymous

As long as those lots sat empty, you didn’t say a thing.

Anonymous

Shame, it would be kinda cool if Miami had a chinatown

Anonymous

But you need Chinese immigrants for that.

Anonymous

Buildings designed with single loaded corridors and entire walls of exterior lighting should be prohibited.

Anonymous

As long as this site sat empty, you didn’t say a thing.

Anonymous

Chinatown is the perfect example of broken promises by developers. they demolished historic buildings and at the end did n’t build anything and left the area full of empty lots. with Melo is a different story they mean business, they promise and deliver fast.

Anonymous

I partially agree with you. Broken promises, absolutely, but had they not demolished all those antiquated buildings back in the 90’s, we would not be able to build towers today. Because trust me in todays world they would fight tooth and nail to keep anything up that is older than 80 years old by calling it historic. The future in this area looks bright.

Anonymous

Because anything older than 80 years is historic.

Anonymous

Lol..so ridiculous, one building does not make a Chinatown..and if it did will they boil dogs and cats alive to make doggie and kitty soup like they do in China? Please pick another country to copy.

Anonymous

Okay. How about copying Guatemala, El Salvador, Cuba, or Venezuela to name a few?

No design?

Melo family do the ugliest designs. Are they done inhouse? Or do the Melo’s just find architects who charge the least?

Anonymous

Since Melo will buy it, it finally wouldn’t be an empty lot by mid 2020 lol

Anonymous

And there sure are a lot of empty lots to fill.

NYC Loves Miami

Yo Mana, you got the stamina to hold onto land and out last this guy? That’s 30 years bro.

Anonymous

Terrible design. Just terrible.

Anonymous

Meló should become a verb. Defined as “to get shit done, often hastily but to completion and at a fast rate” . I’m gonna Melo that right now.

Anonymous

Maybe Melo will built something that isn’t a pile of crap like Miami Plaza or Downtown 5th, and instead something worthwhile like their nearby Aria?

Azarius

Melo is only filling his roll there are enough and will be more luxurious condos/apartments

Anonymous

you call that luxury? lol, ok.

Anon

no chance… this is another low quality, cheap apartment play. and Aria on the Bay is not worthwhile. it looks fine from afar, and it’s a dump up close.

Anonymous

The Melo group is overcrowding Edgewater. No parks (besides Margaret Pace) will cause young families to move out. Grave mistake. Biscayne boulevard traffic is becoming a nightmare!

Anonymous

I hate the Melo Group!!!

– The Coalition of TNM Grumpy Smurfs Posters

Anonymous

Damn I’m glad the Melo Group came to Miami.

Anonymous

Yeah.. Melo Winning!