Over 70% Of Reservations Converted To Contract At Downtown Miami’s Natiivo Tower In Under A Month

The developers of downtown Miami’s Natiivo tower are making progress in sales and permitting for the new tower as they prepare to break ground.

On Friday, the developer handed out 75 commission checks to brokers at a newly opened sales gallery for the project.

Conversion of reservations into firm contracts for condo units is now underway. Over 70% of reservations have already been converted into contract in the past 30 days, developers say. Natiivo had reservations for 50% of units, and the remaining reservations are expected to be converted to contracts within the next 30 days.

Progress is also being made with permitting. On February 12, an application was filed with the Federal Aviation Administration for Natiivo to be built at 578 feet above ground, or 588 feet above sea level, records show.

Natiivo and its co-developer are not parties to a lawsuit filed by Airbnb, representatives of the project said. The FT reported last month on the lawsuit.

Airbnb is no longer a branding partner in the Natiivo project. Instead, owners will be allowed to list their units on over 50 homesharing platforms (including Airbnb), with an option for Natiivo management to handle the entire process.

 

 

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Anonymous
1 year ago

I really like the park they are proposing north of their project!! lol

Anonymous
1 year ago

Yeah, what the ?

Anonymous
1 year ago

… and all those trees in it.

Anonymous
1 year ago

Phew luckily the lawsuit didn’t affect this development.

Anonymous
1 year ago

The World Center is coming alot great, this tower alone will bring plenty of foot traffic to the area because of its purpose.

Azarius
1 year ago

Great project let’s the owner decide to have the Office manage their listing or themselves as well you’re not locked into listing only on Airbnb you have options we need a few more projects like this maybe like 3to 4 more in the A&E and Edgewater area

Anonymous
1 year ago

Hey Azarius, learn what commas are for and how to use them.

Anonymous
1 year ago

I really hope this project becomes reality.

Anonymous
1 year ago

Anytime a building has over 70% of it’s reservations converted into contract, then oh yeah, most likely it’s going to get built.

POLO
1 year ago

Happy to hear this great project is going forward!

Anonymous
1 year ago

I am glad that this amazing project is progressing satisfactorily! Well done NATIIVO ??

Shawn Kouri
1 year ago

Nativo should build this condo using pre-fabricated modular construction. It’s now a new trend that’s making a comeback as a new, sustainable, green, environmentally friendly, and cheap construction method that allows it to get done faster and cheaper than traditional construction methods. If that were to happen, this project would be completed in 2021 instead of being completed in 2022 or 2023 with traditional construction methods.

Anonymous
1 year ago

You should tell the developers,I’m sure they would be interested in your expert opinion

Anonymous
1 year ago

Yep.. isn’t this site blessed to have parking and construction experts who’re not charging a dime for their expertise?

Anonymous
1 year ago

His expert opinion is worth what he is charging for it. – nothing, but entertainment value to laugh at.

Anonymous
1 year ago

Crawl back into your shipping container hovel.