A Brazilian developer, part of the Krystal Investment Solution, is planning to build a condo in Downtown Miami located at 530 NW 1st Court. The condo is on the edge of Downtown Miami and Overtown. 

The project will have 153 residential units and rise 35 stories. Glidden Spina + Partners was the architect on the tower.

Currently there is a shell of a previous building on the site that was foreclosed on. Krystal Investment Solution paid $3.5 million for the property.

Construction is expected to start this Winter and be completed in Summer of 2016.