Work Is Finally Underway At The 513-Unit Canvas Condo Tower

Site work appears to be underway at Canvas, a 513-unit condo project at 90 Northeast 17th Street.

Crews from HJ Foundation began work at the site last week.

When completed, the tower will top out at 37 stories.

Within blocks, thousands of residential and hotel units are in the works. Developers including Melo Group, Richard Meruelo, and Gloria and Emilio Estefan are all planning projects.

Canvas is the only current condo project in Miami that has received taxpayer funding, with the Omni CRA approving $750,000 per year in funding. The financing is worth up to $9 million.

 

 

PreviousCanvas Developer Now Claims That Construction Will Begin In December

 

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Marc305
5 years ago

Canvas is a welcome addition to Downtown in an area that has many other projects in the pipeline. The only thing owners have to be aware of is that their views will be compromised in just a few years. The zoning allows for buildings as high as Auberge and one day soon Canvas will be surrounded by buildings just like it.

Anonymous
5 years ago

Same thing Brickell West buyers need to be aware of. No green parks and no water views.

Anonymous
5 years ago

there’s actually a park right around the coner called biscayne park and then margaret pace park and museum park are 10-15 mins walking away….

Anonymous
5 years ago

For those who consider this a “luxury” building has anyone really analyzed what you get for the $ ?
Even the largest unit has small rooms-a MBR of 11×12? tiny closet space.
If the price range I saw on a realtor website is correct this is logging in about $500+ psf-
No thanks

Anonymous
5 years ago

Hideous design, just a pile of CBS, not even architecture.

Anonymous
5 years ago

I really hope this goes vertical soon…the building will feature a rooftop restaurant and retail that will energize the area….in 5 years this might be the most coveted area to live….

Anonymous
5 years ago

i don’t see how this project gets built without the proper amount of presales, no construction loan, developers who’ve never built a ground up project, and a high interest land loan…. as much as i’d love for it to happen.

Anonymous
5 years ago

It won’t happen.. They can’t afford to pay their own sales staff

Anonymous
5 years ago

Great location with access to people mover – no brainer.

Anonymous
5 years ago

Work has stopped at Canvas.