New M-Tower Property Owner Proposes Revised Plans For Project

The new owner of the development site where downtown Miami’s 53-story M-tower is proposed appears to be modifying the plans.

Earlier this year, Downtown 1st Street LLC, an affiliate of Lions Group NYC, purchased the property for $10 million.

Under the new proposal, the project will still have at least 440 apartments, as before.

The site will also still be combined with the Miami Parking Authority’s garage next door.

However, the parking garage is now proposed to be demolished and rebuilt, rather then refurbished and expanded.

Under the new terms, M-Tower will include:

  • A minimum of 440 residential units (the previous plans called for 440 units)
  • Approximately 700 parking spaces (fewer than earlier plans)
  • 1,300 square feet of office for the MPA

The residential unit count is remaining the same or more as before, however the developer is now asking for an option to use them as either apartments or condos.

The parking count is smaller than before, but will be in an all-new garage. The existing garage has 658 spaces, and the previous plans called for an additional 160 spaces.

The Miami Parking Authority’s Board is scheduled to consider the revisions at a December 8 meeting.

 

 

The original renderings are below. New renderings haven’t yet been released:

19 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Melo is sigma and chad
1 month ago

With the brightline twin towers, Melos downtown 1st and the new courthouse, this part of downtown will be dense. Perfect time for flager could be actually developed and not just the street.

Anonymous
1 month ago

Good fit for where this lot is located.

Anonymous
1 month ago

Nice, clean, glassy design. Downtown really is booming after 100 years of neglect.

Melo is sigma and chad
1 month ago

More like 50 years of neglect, it has a thriving street live and large resident population before. Nearly all of the current surface lots in downtown had buildings on them in the past.

Anonymous
1 month ago

Please don’t let the revision be a cheap and nasty, blotchy-painted box with irregular windows and balconies.

Anonymous
1 month ago

its only been in existence for 100 years so NOT TRUE but still funny lol

Robin Stan
1 month ago

The pool will be blocked, as the UDRB prophesied!

Anonymous
1 month ago

Residents will have to go elsewhere to get skin cancer.

Anonymous
1 month ago

lol…

Azarius
1 month ago

This is a great infill with perfect heights, I know some will complain about parking but hey Develop develop develop!

Anonymous
1 month ago

The tower isn’t as pretty as it could be, but it’s not just a crate. But it looks like the podio won’t have any retail areas, which is a shame. I understand that the densification of residential units and offices should always be accompanied by a proportional increase in commercial, retail, service and restaurant spaces on the ground floor.

Anonymous
1 month ago

As if it needs a retail area on its “podio” so I can enjoy dining outdoors between freeway and Metromover flyovers…

Anonymous
1 month ago

Awful building

Anonymous
1 month ago

Boring comment

Anonymous
1 month ago

With the Flagler renovations and all the newly added high rises, Downtown’s future looks optimistic! I wish the branches of highway overpasses dividing 1st and 3rd St would get torn down to help with the surrounding blighted areas. So much potential there.

Anonymous
1 month ago

Is this the Melo tower?

Melo is chad and sigma
1 month ago

No this is two blocks west.

eymay
1 month ago

this will be next to the melo tower

Anonymous
1 month ago

So they will be blocking each other’s views?
Who is the developer?