Melo Group is moving forward with plans to begin construction on the 647-unit Aria On The Bay in early 2015 after achieving $200 million in sales.
At nearby Bay House, the developer has sold 97% of the 165 units. The project is now topped off.
In September, Melo completed 25 Mirage, a 171-unit rental project. It was 100% leased within a few weeks of opening.
Melo’s 300-unit Flagler On The River also opened this year, and was fully leased within months of topping off – even before the building opened.
According to GlobeSt, the developer plans to deliver an additional 2,000 units over the next two years.