Real Estate News

Another new rental building is coming to Midtown Miami. So are New Yorkers

A rendering of the nearly complete AMLI Midtown project at 3000 NE Second Ave.
A rendering of the nearly complete AMLI Midtown project at 3000 NE Second Ave.

Midtown is getting another rental complex. And despite the existing density and pandemic lockdown, a quarter of the 208 units have been leased since April.

Chicago-based developer AMLI Residential completed the first of two towers in AMLI Midtown this spring; the second — with 511 units — is due for completion in the third quarter of this year. The towers, at Northeast 30th Street and Northeast Second Avenue, were designed by Zyscovich Architects. One is 13 stories, the other 14.

It is the firm’s eighth project in South Florida; others are located in Dadeland, Doral and Flagler Village.

New Yorkers are among those showing interest in the Midtown project, according to the company.

“The rental market in South Florida has been strong as there’s a movement of people from high tax states and, now, due to COVID,” said Matthew Thomson, senior development associate at AMLI Residential. “Miami is not as dense as New York but it’s influenced by New York. We are seeing many New Yorkers leaving and coming to Miami.”

Units range from a 530-square-foot studio with one bedroom for $1,800 per month to a 1,701-square-foot three bedroom, two bathroom unit for $5,300 per month.

The existing south tower offers a gym, shared work spaces, conference rooms, pet spa, dog park with pull-out water bowls, package room and club room. The north tower will include some similar amenities — a pool and gym — and some unique ones such as a game room, bowling alley and arcade, and yoga room.

AMLI Midtown dwellers also have another amenity — a program that connects them to the community for volunteer services.

“Many times our residents are transient but they want to make a difference in the community. We want to help them do that,” said Stephen Ross, executive vice president for development at AMLI Residential. (Ross has no relation to Dolphins owner Stephen Ross.)

The development firm has partnered with Camillus House, Good Karma Pet Rescue and Feeding South Florida.

“We are trying to bring a breath of experiences to attract a whole audience,” Thomson said.

The firm dropped $55 million in 2015 for the 6.6 acres and former Chiquita site. The interior design pays tribute to the site’s industrial history — from shipping containers housing the leasing offices to monkey-adorned wallpaper in a common space, said the project’s interior designer and Zyscovich architect Anabella Smith.

This story was originally published June 24, 2020 at 7:00 AM.

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Rebecca San Juan
Miami Herald
Rebecca San Juan writes about the real estate industry, covering news about industrial, commercial, office projects, construction contracts and the intersection of real estate and law for industry professionals. She studied at Mount Holyoke College and is proud to be reporting on her hometown. Support my work with a digital subscription
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