Taubco’s Causeway Village project is back on track after more than five years in the works.
Nearly two years after the developer secured the OK from a North Miami planning commission, the city’s town council greenlit the same land-use amendment, allowing the mixed-use project to keep moving through the approval process. It’s the first step to include the parcel in a district just west of a zone that allows for mixed-use development.
Once the Causeway Village site is part of the overlay district, the developer could build up to 125 dwelling units per acre, or 516 units, said Joseph Geller, Taubco’s attorney and a partner at Greenspoon Marder.
As proposed, Causeway Village, with 297 luxury apartments and 15,480 square feet of retail, would be built on a 4.13-acre site at 1850 Northeast 123rd Street. Apartment rents would range from about $1,750 to $2,500 a month.
Taubco is targeting millennials looking for luxury apartments, said Laura Tauber, principal at the firm. Amenities at Causeway Village will include nearly an acre of green space with two pools, a club room, spa, fitness center, library, children’s room and a dog-walking area.
The nine-story building will be taller than its neighbors. Residents of Keystone Pointe, an upscale single-family home neighborhood just to the north of Taubo’s nearby Causeway Square development, have objected to it because of the noise and traffic the retail property generates.
Taubco bought the land for Causeway Village in May 2005 for $6 million. It had been the site of a Dodge Dealership.