Melo Group has officially topped off their Downtown residential rental project, Square Station, less than 1 year after breaking ground. Located at 47 Northeast 14th Street, Square Station features 2 twin towers which feature 710 units and 913 parking spaces. Square Station is located directly next to the Metromover Station in the Arts and Entertainment District. Square Station marks the first phase of Melo Group’s larger three-phase multifamily development plan to boost transit-oriented residential options for locals in the Arts & Entertainment District area of Downtown Miami. Construction of the project is slated for completion in the first quarter of 2018, with apartments now open for preleasing. Rental prices expected to range from $1,600 per month for 1-bedroom units to $2,500 per month for three-bedroom units. Just under 100 of these units will be set aside for workforce housing. Amenities include an 80' lap pool, a fitness center, and a social room.
“Square Station will continue our vision for the transformation of the Arts & Entertainment District – an area of Downtown Miami that has been residentially underserved for years – into a true live-work-play neighborhood,” said Martin Melo, principal of the Melo Group. “The project’s ground-floor retail will help to create walkable sense of community, while our transit-friendly location – with convenient access to the Metromover, Metrorail and Miami Trolley – will encourage the everyday use of public transportation and reduce traffic congestion during the workweek.”