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Old February 4th, 2015, 11:43 PM   #1
desertpunk
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MIAMI | 1900 Biscayne | 116m | 380ft | 36 fl | Pro

Revealed: New York Developer Plans 429-Unit Tower at 1900 Biscayne



Quote:
New York developer Atlas Capital Group has submitted plans to build a 36-story residential project at 1900 Biscayne Boulevard.

Atlas bought the property last year for $13.6 million, with a $7.6 million loan.

Atlas is building close to the maximum permitted on the site. Plans call for 429 units, which is less than the 502 units that the zoning code permits on the lot. Miami 21 allows 500 units per acre, and the property size is just above one acre.

Under Miami 21, 36-stories is the maximum base height permitted on the site.
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