Downtown Miami

Site Work Begins At Downtown Miami Grand Station

Grand Station Site at 240 N Miami Ave

Grand Station Site at 240 N Miami Ave

After initially being proposed in July 2017, site work has started at the 31 story Grand Station in Downtown Miami, according to Miami Today.

Fencing has gone up around the site and tree mitigation has commenced. 

Grand Station will have an 8 story parking garage with 369 parking spaces and 300 apartment units.

Paramount Miami Worldcenter Tops Off At 60 Stories

Paramount Miami Worldcenter

Paramount Miami Worldcenter

Paramount Miami Worldcenter has topped off at 60 stories and 641 feet in Downtown Miami. 

When we previously looked at the building in at the end of June, construction was at the 54th floor. A year ago, construction was just reaching the 19th floor and the glass was being installed on the building. 

With 569 residential units, Paramount Miami Worldcenter is expected to be completed in early 2019.

Previous construction photos of Paramount Miami Worldcenter can be viewed here.

Moishe Mana Purchases Another Downtown Miami Building For $3.5M

100 South Miami Ave

Moishe Mana has purchased a 2 story building built in 1949 and located at 100 South Miami Ave for $3.5 million, according to The Real Deal.

Mana recently purchased a building at 201 East Flagler for $12.9 million and over $350 million in Downtown Miami and Wynwood real estate  in the past 8 years.

Melo Group Adds To Downtown 5th Miami Assemblage

Melo Group has added to a their Downtown Miami assemblage with a $10.75 million purchase of property at 500 NE 1st Avenue, according to The Real Deal. 

A year ago, Melo Group purchased a 45,433 square foot lot next to the Christ Fellowship Baptist Church for $10 million, which brings its total purchase to $23 million. 

Melo Group is planning on building Downtown 5th, which will be two luxury apartment towers at approximately 50 stories. 

Next to Downtown 5th will be Okan Tower, which will be a the 890 foot tower with 389 condo-hotel units and will break ground by the end of 2018.

200 East Flagler Building Sold For $19.75M

200 East Flagler St

A five story building in Downtown Miami, located at 200 East Flagler St has been sold for $19.75 million, according to The Miami Herald.

The 46,912 square foot building, which was originally a Walgreens, was built in 1937 and was purchased by Stambul. Stambul also purchased the Old U.S. Post Office and Courthouse Building for $11 million in 2014. 

The building will be converted into high end restaurants, retail and entertainment venues.

X Miami Rental Tower Now Completed

X Miami 

X Miami 

The 31 story rental tower in Downtown Miami, X Miami, is now completed. 

Construction started to get underway in August 2016 and eventually topped off June 2017. 

WIth 464 units, X Miami features a social lounge, gym, theater and pool deck with a DJ booth and dance floor. X Miami is 40 precent pre leased.

Construction photos of X Miami can be viewed here.