A utilities deal has just been signed that will allow a residential building to be built a few blocks north of the Signature Bridge at 1550 NE Miami Place.
The agreement between Miami-Dade’s Water & Sewer Department and CL RE 15 MIA LLC was recorded on December 28, 2022.
A total of 427 apartments are planned, the agreement states.
Jennifer Bernell signed on behalf of the LLC.
Clearline Real Estate purchased the 37,252 square-foot development site for $19.75 million, according to a May 2022 press release.
Melo’s 37-story, 425-unit Miami Plaza apartment tower is next door. The School Board Metromover station is 1,000 feet away.
Colliers’ Executive Managing Director Mika Mattingly and Senior Associate Cecilia Estevez represented the seller in the transaction.
Clearline was founded by Bernell, who is a former executive at Kushner.
