Melo’s Twin 51-Story Downtown 5th To Break Ground By 2020, Permits Pending

Melo Group has filed for construction permits to begin work at their twin-tower Downtown 5th project.

According to the permit filing, the project will include:

  • 51 story towers (2), with a 471 foot height
  • 1,042 residential apartment units
  • 1,422,969 total square feet
  • $249,020,000 construction cost
  • 5,516 square feet ground floor retail

The construction permit was filed December 20, and is in review.

A spokesperson for Melo told The Real Deal that they hope to break ground by 2020.

 

 

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marc

Was hoping they would break ground this year.

Anonymous

Low cost buildings at prime location, what a waste (

leticia

amazing project!!

Gloria R.

Hey Marc, knowing them i’m almost positive they will finish the whole project this year!!!
Kudos to Melo, keep up the Great job.

Anonymous

Take notes Mana.

Anonymous

Mana will retire before he builds anything..love how he talks so much crap but nevertheless doesn’t do anything himself

transplant

Wish there was more ground floor retail

Anonymous

and less parking

Anonymous

More parking

Miami1

The filed the permits but probable ground breaking will be next week!!! lol

Anonymous

Only 200 mil? Let me hit the powerball and ill be chasing melo around downtown for decades

Anonymous

I wonder if the prison in downtown will ever move now that downtown is taking off.

Anonymous

One can hope

Anonymous

I expect a higher level of quality from Melo, at this location.

Anon

Why? What have they shown to you to make you expect they care about quality or know how to develop quality? Nearly every comment on this page is about how fast they build, certainly sacrificing quality for speed.

Melo’s sole benefit to Miami is filling in underdeveloped areas, but filled them in with garbage. I could have created this building on Sims software from the 90s. It’s hideous.

Anonymous

Simtower FTW.

Anonymous

What’s going on with all these 60s architecture buildings going up in Miami???? Come on now!! Get with the times!

Anonymous

2020 ? I thought these were the “If anyone can get it done, these guys can get it done!” guys.

Anonymous

2020 is pretty quick compared to other projects that take years to break ground. I think they only announced this project within the last year or two.

Anonymous

they just built more condos in the last 24 months than it takes some to launch sales let alone build so if they want to let the cycle catch up with the inventory.. they should be able to do that.

Anonymous

No time wasted with Melo

Anonymous

Transforming Downton Miami

Polo

“Transforming Downtown Miami” with ugly boxes!

Anonymous

I AGREE!!! These developers are taking us back to the 60s!!!

Anonymous

They break ground in February if the permitting review wasn’t so long.

Anonymous

If it breaks ground this year it will be finished this year lol

Anonymous

Hope to break ground by 2020 so that pretty much means if they get the approvals then they will start 2019.

Anonymous

SEA GREEN

Anonymous

Won’t this be a little tight adjacent to Okan tower?

Anonymous

I guess the whole area is going to be tight and that’s ok

Anonymous

…and by 2020, I hope they fire the architect or redesign as something which isn’t a box with ugly randomly spaced and sized vertical lines.

Anonymous

Who is going to live in 1049 units

Anonymous

1049 Residents

Anonymous

Congratulations – the only relevant comment on this board!

Eric

I was born and raised in Miami Dade i moved to DC in 2005. Great to see all the growth but why is every tower residential? If they were building those towers here they both would be mixed use or 1 would be office and the other would be resi. That way you would have more daily foot traffic. DC is going thru a building boom similar to miami. But growth here is happening in all the neighborhoods not just downtown or near downtown. Wages in miami are low so i guess foreigners will be renting and buying. Living there part time.

Anonymous

We need some more office towers in Miami to attract more businesses, otherwise who’s gonna move into these residential towers?

Anonymous

I live in Brickell, and a lot of my neighbors commute out to jobs in Doral, etc. because they want to live in an urban neighborhood. More office density would be great downtown, but isn’t the only thing that will drive demand. High quality of life in high density neighborhoods is already pushing that!

Anonymous

Nice twin towers.
Great compliment to Okan Tower

Anonymous

Go Melo! Wow…anyone can do this. Boo Architectonica!…I’m getting the hang of it. Miami winning…I’m on a roll. Too many parking spaces…ugly design…we need more bike paths…Mana sucks…wow, this feels good.

Anonymous

You forgot more parks and trees

Anonymous

Future public housing.

Anonymous

Ok im guessing the windows won’t be green so why make them green in the renders? An 471ft? Meh… why not at least 700ft? At 471ft knowing them it will be done in 5 months!