A developer has applied for a construction permit to build the 36-story Nexus Riverside tower in downtown Miami.
The application was filed with Miami’s Building Department on July 29. A full set of plans has yet to be attached to the application, so it isn’t yet under review.
According to the application, the Nexus Riverside tower will rise 36 stories, or 411 feet.
It will include 428 apartments, spread over a total of 694,023 square feet of building area.
Total hard construction cost is estimated at $121,454,026.
Adler Group is listed as the owner of the property, with Mill Creek residential listed as the contractor. Mill Creek is also similarly listed as the contractor on the 27-story Modera Biscayne Bay apartment tower currently nearing completion in Edgewater.
The project had a hearing before the Urban Development Review Board in July, and received a recommendation of approval by the board.
At the meeting, a representative of the developer told the board that the project was moving forward as a standalone development regardless of what the happens with the city office building next door.
The city is said to be reconsidering its plan for a new office building next door, according to Miami Today.
Completion of the tower is scheduled for 2023, according to a letter attached to the July UDRB application.
NBWW is the architect.