The Real Deal Miami

MaxMiami commercial tower scrapped for high-end housing

536 luxury apartments, parking garage replace old design

February 27, 2014 03:45PM

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MaxMiami's new design

MaxMiami’s new design

Plans for the future MaxMiami skyscraper, originally approved by the city in 2007 for commercial use, have changed to feature high-end residential space.

Miami-based developer NR Investments purchased the property, at 1630 Northeast First Avenue between the Omni and Edgwater neighborhoods, in a bankruptcy auction for $7.3 million last October.

The original vision for the 32-story tower, which included a studio space, offices and hotel, has now been mostly nixed.

The new plans feature 536 luxury apartments designed by CFE Architects, exMiami reported. The redesigned building would also now house about 10,000 square feet of commercial space, along with a 650-spot parking garage. [exMiami] — Angela Hunt

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