Colt Dodd<\/a> 7:00 am on March 9, 2026<\/p>\nDeveloper A&E District Holding Co. wants to proceed with a supertall residential building in Miami. The firm\u2019s 47-story high-rise would comprise close to 800,000 square feet of new construction, where it would feature both residential and commercial space.<\/p>\n
Specifically, current plans call for 576 apartments; for the developer to qualify for various incentives, it would designate 231 apartments as affordable housing. Ten homes would be for households earning up to 100 percent of the area median income (AMI), while another 221 units would be for households earning up to 120 percent of the AMI.<\/p>\n
Miami-Dade\u2019s median household income was $87,200 at the time of publication. Communal amenities would include two swimming pools, a fitness center, spa\/sauna, and pet wash station, along with other on-site features \u2013 such as 10,000 square feet of co-working space.<\/p>\n
There would also be 4,000 square feet of commercial space and 422 parking spots. A&E District Holding Co. purchased the project\u2019s 0.82-acre build site for $20.9 million last year. In total, it expects to spend $241.6 million to make the skyscraper possible. Kobi Karp Architecture designed the project.<\/p>\n
Pending various approvals, it\u2019s set for 1502 and 1516 N.E. 1st Ave., with 1515 N.E. Miami Place, Miami, Florida, 33132<\/a>, in Miami-Dade County.<\/p>\n Subscribe<\/a> to YIMBY\u2019s daily e-mail<\/p>\nFollow<\/a> YIMBYgram for real-time photo updates
Like<\/a>\u00a0YIMBY on Facebook
Follow<\/a> YIMBY\u2019s Twitter for the latest in YIMBYnews<\/p>\nUncategorized<\/a><\/p>\n. <\/p>\n
![\"\"](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-08-at-9.25.53-PM.png\")
Renderings of the high-rise from Kobi Karp<\/p>\n