The Real Deal Miami

Posts Tagged ‘melo group’

  • Melo Group hits milestones on two downtown Miami towers

    Developer topped off its 165-unit Bay House tower
    December 16, 2014 03:20PM
    Aria on the Bay rendering, Bay House in downtown Miami

    Aria on the Bay rendering, Bay House in downtown Miami

    The Melo Group is reaching new heights. [more]

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  • Melo pays $16M for 1.6-acre site

    Property located near Miami's performing arts center
    October 30, 2014 12:45PM
    From left: Jose Luis, Martin and Carlos Melo

    From left: Jose Luis, Martin and Carlos Melo

    The Melo Group picked up a property close to Miami’s performing arts center for $16 million.

    The 1.6-acre site is a few blocks west of the Adrienne Arsht Center for the Performing Arts, the South Florida Business Journal reported. The deal also involved $11 million in seller financing. [more]

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  • Melo Group scores construction loan for Melody

    TotalBank provides $67.1M in financing for rental project next to Arsht Center
    October 07, 2014 02:15PM
    Melody rendering

    Melody rendering

    Melo Group received a $67.1 million construction loan from TotalBank for its Melody apartment project under construction in Miami’s Arts and Entertainment District.

    The developer broke ground on the 36-story, 497-unit building last month. TotalBank provided the financing in a transaction announced by a Melo spokesperson on Tuesday. Melody is being built at 245 Northeast 14th Street, adjacent to the Adrienne Arsht Center for the Performing Arts. [more]

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  • A pioneering family

    Melo Group hailed for bringing new deposit structure to Miami and starting up Edgewater’s boom
    October 06, 2014 02:40PM
    From left: Jose Luis, Martin and Carlos Melo, and Melody Tower

    From left: Jose Luis, Martin and Carlos Melo, and Melody Tower

    From the South Florida Market Report: Jose Luis Melo and his sons, Carlos and Martin, first saw Miami in a spring 2001 exploratory trip seeking out real estate development opportunities. [more]

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  • Melo Group to launch third tower of construction cycle

    Developer set to begin sales for the 53-story Aria on the Bay in Edgewater
    June 10, 2014 12:45PM
    Aria on the Bay rendering (inset: Peter Zalewski)

    Aria on the Bay rendering (inset: Peter Zalewski)

    Some three years after igniting the current vertical residential development boom in South Florida, the seemingly instinctive Melo Group is preparing to launch sales for its third new condo tower in Greater Downtown Miami since the recovery began from the last real estate crash.

    Next month, Melo Group plans to begin presales for the proposed 53-story, 647-unit Aria on the Bay condo tower designed by acclaimed architectural firm Arquitectonica on a North Bayshore Drive site across from Margaret Pace Park in the Edgewater neighborhood.

    The project will mark the largest South Florida residential project to date for the family-owned company that delivered its first Miami tower in August 2003. All told, Melo Group is currently constructing – or has already developed – more than 3,000 rental and condo units in the city. [more]

    1 Comment
  • Melo Group proposes two Miami rental projects

    Developer wants to construct apartment buildings near Adrienne Arsht Center
    May 20, 2014 12:45PM
    Melody Tower rendering

    Melody Tower rendering

    Miami developer Melo Group wants to build a pair of rental apartment buildings near the Adrienne Arsht Center for the Performing Arts.

    Melo is slated to present the latest design for Melody Tower to the city’s Urban Development Review Board on Wednesday, according to a written announcement from a company spokesperson. The developer plans to construct a 36-story mixed-use rental building at the 245 Northwest 14th Street site, which is adjacent to the Arsht Center.

    “With the Arts & Entertainment District building momentum as a world-class cultural epicenter in the Southeast, one thing is still lacking – a luxury residential community that serves young professionals who work in the area,” Melo principal Carlos Melo said. [more]

    2 Comments
  • New details about Edgewater tower revealed

    Melo Group's tower will rise 50 stories, house 647 units
    April 09, 2014 05:15PM
    1770 Bayshore Drive

    1770 Bayshore Drive

    More details have emerged regarding the Melo Group’s Aria on the Beach project. [more]

    1 Comment
  • Melo Group gets loan for Bay House

    Florida Community Bank gives $39.2M mortgage for Edgewater condo project
    April 02, 2014 09:45AM
    Bay House rendering

    Bay House rendering

    Developer Melo Group obtained a $39.2 million construction loan for its Bay House condo tower in Miami’s Edgewater neighborhood. [more]

    7 Comments
  • Melo moves forward with Edgewater residential tower

    Plans call for the building to rise 477 feet
    March 27, 2014 04:30PM
    1770 Bayshore Drive

    1770 Bayshore Drive

    The Melo group is pushing ahead with a new residential tower in Edgewater dubbed Aria On The Bay. [more]

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  • Melo strikes out with Miami zoning board

    Developers want to build high-rise near Arsht Center
    March 07, 2014 11:15AM
    Martin Melo, Jose Luis Melo and Carlos Melo (via World Property Channel)

    Martin Melo, Jose Luis Melo and Carlos Melo (via World Property Channel)

    Miami’s Planning, Zoning and Appeals Board declined to endorse Melo Group’s proposed 36-story building near the Adrienne Arsht Center for the Performing Arts north of downtown Miami.

    In a 5-3 vote, the board decided against recommended the rezoning of an entire block northwest of Miami Place and Northeast 14th Street on Wednesday, Daily Business Review reported. Melo had acquired the 1.2-acre site in January. [more]

    3 Comments
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