[chris08876]

New: Building With 424 Residential Units Planned Near Metromover Station

Plans have just been sent to Miami’s Urban Development Board for a 26-story residential project near a Metromover station.

Renderings in the submittal show the name of the project as Excel Miami.

The project is proposed to top off at 474 feet and include:

424 residential units (of which 216 will be micro-units)
128 off-street parking spaces
No retail is shown in the plans. Instead, there are residential units on the ground floor.

Zoning would normally require 349 parking spaces. The developer is requesting a 50% TOD waiver due to nearby mass transit, with payment into the Transportation Trust Fund.

The garage is to be screened by decorative metallic extrusion, along with decorative murals and fabric murals by artists.

The property is owned by Clearline Real Estate, which purchased the 37,252 square-foot development site for $19.75 million, according to a May 2022 press release.

In January, the developer signed a deal for water and sewer utilities for 427 apartments.

Clearline was founded by Jennifer Bernell, who is a former executive at Kushner.

Melo’s 37-story, 425-unit Miami Plaza apartment tower is next door. The School Board Metromover station is 1,000 feet away.

Arquitectonica is the architect.

The UDRB hearing is scheduled for March 15.

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NXT