Revealed: Melo Group’s Downtown 5th Rental Towers

Melo Group is planning yet another  twin-tower apartment project.

It may be the biggest project yet for the developer. Renderings appear to show two towers in the 50-60 story range.

The new project will be called Downtown 5th and include luxury apartment rentals, according to Melo’s website.

In July 2017, Melo paid $10 million for a 45,433-square-foot surface parking lot once owned by the Christ Fellowship Baptist Church. Melo is required to build a 300-space parking garage for the church as part of the deal.

Turkish developer Okan Group purchased the other half of the lot, and is preparing to build a 73-story tower.

On Melo’s lot, up to 80-stories, 1.09 million square feet, and 1,043 residential units are permitted.