Melo Group is getting ready to open a new 36-story apartment tower, Miami Plaza.
The developer also announced plans for an indoor/outdoor space called Art Kitchen, with 10 different dining concepts at the base of Art Plaza, including Indian, Peruvian, Mexican, Japanese, Italian and more.
Opening of the 425-unit Miami Plaza is scheduled for May, and leasing is now underway. Prices range from $1,680 to $2,800 per month, with sizes from 700 to 1,400 square feet.
With the opening of Miami Plaza, the developer will have completed 2,300 transit-oriented rental units in the Arts & Entertainment District since 2016:
Melody tower (2016) – 497 units
Square Station (2018) – 710 units
Art Plaza towers (2019) – 667 units
Miami Plaza (2020) – 425 units
All of the new units are transit oriented and within a short distance of the Metromover, and are “attainably-priced,” according to the developer. The completed buildings are nearly 100 percent full, Melo said yesterday.
Melo also says they are activating the area with ground floor retail space totaling 45,000 square feet of space spread over the four projects, including 8,000 square feet at Miami Plaza. Tenants include Bunbury, Bistro Café, Tapout Fitness, My Salon, Spot Barbershop, Shine Nail Salon, New York Roma Pizza and Testa Wines.
Apartments at Miami Plaza will feature balconies with glass railings, floor-to-ceiling sliding doors, energy-efficient tinted glass, European-style kitchen and bathroom cabinetry, granite countertops, double door refrigerators, stainless steel appliances, imported ceramic tile and laminated wood flooring, and full-size washer and dryers.
Building amenities will include a 70-foot swimming pool, a fully-equipped fitness center, a café social lounge, 24-hour concierge/security, and a multi-level secured garage with valet service.
Melo is now turning its attention to Downtown’s Central Business District with the developer’s biggest residential project ever, Downtown 5th, now under construction at 55 NE 5th Avenue. It will include twin 51-story towers with 1,042 rental units and more than 15,000 square feet of ground-floor retail space. Completion is scheduled for 2021.