The Real Deal Miami

Posts Tagged ‘melo group’

  • Melo Group completes second new Edgewater condo tower this cycle

    38-story Bay House is moving forward with closings
    May 26, 2015 04:15PM
    Bay House and Peter Zalewski

    Bay House and Peter Zalewski

    A second new condo tower has been completed in the Edgewater neighborhood of Greater Downtown Miami by the same developer that started this current South Florida preconstruction boom in April 2011. [more]

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  • TRD insider interview: Recognizing potential in real estate VIDEO

    Carlos Melo of the Melo Group
    May 06, 2015 11:15AM
    pricey Carlos Melo, principal of the Melo Goup, in a one-on-one interview.

    As real estate professionals mingled at The Real Deal’s Broward Real Estate Forum & Showcase, TRD’s Managing Editor Ina Cordle discussed the industry with developer Carlos Melo of the family-operated Melo Group. Comments

  • Downtown Miami condo tower gets FAA approval

    FAA has so far approved two of four lofty projects in Miami-Dade
    March 03, 2015 09:45AM
    Rendering of Aria on the Bay

    Rendering of Aria on the Bay

    Aria on the Bay, an upcoming luxury tower from the Melo Group, was recently approved for construction by the FAA.

    The 53-story tower had planned to build up to 535 feet,  but the FAA suggested to downtown Miami developers in January that they should limit the height of new projects east of Miami International Airport to less than 475 feet.

    Swire Properties, Florida East Coast Realty, MDM Development and Melo Group received letters from the agency suggesting that they should limit the size of their upcoming towers — all of which exceeded the proposed 475-foot maximum.

    Now that the project has been approved, Melo Group has begun converting reservations to contracts and is expecting to break ground soon, a publication reported. [more]

  • FAA suggests shorter high-rises downtown and Brickell

    Agency sent letters to Swire, Florida East Coast, MDM and Melo
    January 12, 2015 11:15AM
    Rendering of Florida East Coast Realty's One Bayfront Plaza as part of the Miami skyline

    Rendering of Florida East Coast Realty’s One Bayfront Plaza as part of downtown Miami’s skyline

    The Federal Aviation Administration wants to limit the height of big projects in downtown Miami and the Brickell area. [more]

  • 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]

  • 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]

  • 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]

  • 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]