Purchased Lots in Red
Melo Group has purchased land totaling $11.5 million in the Arts & Entertainment district of Miami, according to The Real Deal. The lots are located at 1523, 1529, 1545 NE Miami Court, 1502, 1546 NE Miami Place and 47 NE 15th Street.
The total square foot of the lots purchased is 35,300.
To the East of the purchased lots, Melo Group is building Melody, which just recently topped out. Melo Group also purchased an entire block for $16 million just South of the recently purchased lots in October 2014.