Melo Group received approval today from the FAA to build Aria On The Bay at 535 feet above ground.
Melo is now converting reservations in the 647-unit tower into contracts, and construction is expected to begin soon.
The 50-story project will also include 1,035 parking spaces and 40,000 square feet of commercial space.
Aria was one of four towers erroneously cited last month by the DBR, a local business tabloid, as being threatened by FAA action. Two of those have already been approved, with a decision on a third expected imminently.