Photos: Art Plaza Rising With 667 New Apartments

Melo Group’s Art Plaza continues to rise in the downtown Miami area.

The project will include 667 rental apartments in twin 33-story towers.

It is being built across from the developer’s Square Station towers. In August, Melo said that 75% of Square Station’s 710 units were leased less than two months after opening.

 

23 Comments
most voted
newest oldest
Inline Feedbacks
View all comments
Anonymous
2 years ago

If most single young professionals earn around $50,000 a year, Miami should be building studio/ 1 bedroom units for rent between $1,100 – $1,300 a month. I don’t understand why this figure seems so hard for developers to achieve when it can be easily achieved in other large cities in Florida. Why are we building studios and 1 bedroom units that cost $1,600 – $2,000 a month in Miami when hardly anyone can afford those prices.

Anon
2 years ago

It can’t be achieved. I don’t know any city that is building high rises with those rents. North of South Florida you can build for that because they can build wood frame 3 story garden style deals with surface parking. Those rents won’t exist in Downtown Miami

Anonymous
2 years ago

Vote Republican in Nov, according to them, the tax cuts translate into better salaries.

Anonymous
2 years ago

Commute from Hialeah or Opa-Locka. Plenty of affordable housing with transit access!

Anonymous
2 years ago

You gave a logical answer but these idiots expect government to control the market when they’re horrible at doing it.

teressa acosta
2 years ago

why don’t you build them yourself and let the people live there for free…

Gene
2 years ago

Money. Honey.

Anonymous
2 years ago

You made a great point!
Truth is all developers want to label their building as a
“Luxury tower” for this same reason, when in turn the amenities and location are better fit for “working-Class”
But then again Miami people associate working-class with the been poor, so they will cough up an extra $500 to live in a “Luxury” building with no amenities.

Anonymous
2 years ago

It’s in Miramar (neighborhood, not the city), which was once one of Miami’s most wealthiest neighborhoods.

Anonymous
2 years ago

Miramar is not in Miami. It’s in Broward County.

Anonymous
2 years ago

He can’t help himself. Repubs are dumber than a box of rocks.

Anonymous
2 years ago

“dumber than rocks” Democrats are the ones calling the SAT’s racist and have affirmative action.

Anonymous
2 years ago

I’ll bet my last penny you voted for Trump.

Anonymous
2 years ago

Miami already has lots of affordable housing. Its called the suburbs.

Anonymous
2 years ago

Thousands of new rental apartments.. surely those who have been complaining about rent will see some relief. 2/2s downtown for under 2000 maybe so.

3/2s would be nice for families….

Anonymous
2 years ago

I doubt it… developers will give out concessions before they lower the price. It is expensive to build in S. Fl. due to the fact we have to build with concrete and to code (hurricanes/floods). Two bedrooms will stay in that 2200-2800 range depending on the building and views. YOu might be able to get a 2bd for 2000 in the older buildings. It is what it is… Kendall, Plantation, Sunrise, Hollywood all have apartments at more affordable prices.

Anonymous
2 years ago

This area is primed for thousands more apartments.

Anonymous
2 years ago

An hopefully some office space or something else other than residential!

Anonymous
2 years ago

You don’t build office buildings just to build office building. Build the residential first and more people move in, and the more people move in, the more offices are needed.

Anonymous
2 years ago

Can’t wait till they start on their other projects.

Anonymous
2 years ago

Ditto that!

Anonymous
2 years ago

2 bedrooms rent the best for those earning $50k… roommate situation. The 1bd and studios are usually rented by those who make over $80k a year. They don’t need a roommate. For the rents at $1600 the person only needs to make $60k/yr which is what a nurse makes. At $2,000/month the person needs to make around $70,000/yr.

aceraroja
2 years ago

So artsy!