South Florida-based developer Melo Group has opened Melody Tower, a new apartment tower in the Arts & Entertainment District of Miami. Located at 245 NW 14th Street, the 38-story building has 497 units whose rents range from $1,650 for a one-bedroom unit to $2,350 for a three-bedroom apartment home. Amenities include a resort-style swimming pool and deck, jacuzzi, fitness center, valet service, covered garage parking, security control remote access and a social room for residents.
All of the building’s apartments have been spoken for since February, when pre-leasing began. Currently, there are 12,500 new rental units in the pipeline in downtown Miami, about one-sixth of which will come online this year.
“We’re strong believers in transit-oriented development,” Melo Group Principal Carlos Melo said. “Our firm prioritizes sites that are walkable and well-connected. Our developments address downtown Miami’s traffic congestion by promoting pedestrian traffic and encouraging use of public transportation as much as possible.”
