Construction of Aria on the Bay, Melo Group’s new Arquitectonica-designed luxury condominium in Downtown Miami, is now complete with more than 90% of its 648 units already sold and under hard contract. The 53-story waterfront tower, located at 1770 N. Bayshore Drive along Biscayne Bay, becomes the latest condominium to deliver in Downtown’s growing Arts & Entertainment District. The news prompts the start of closings as residents take ownership of their units, begin interior build-outs, and prepare to move into the building over the coming days.
“When we broke ground on Aria on the Bay three years ago, we envisioned a tower that not only offered first-rate amenities in an ideal location but one whose design would convey elegance and sophistication. We are confident that Aria will take its place among Miami’s most iconic landmarks,” said Carlos Melo, principal of the Melo Group.
Units at Aria on the Bay range from 1 to 4 bedrooms and $400K to $6 million and sold around $550 per square foot. Residences feature floor-to-ceiling glass, expansive wrap-around terraces, private elevator access, open-plan living areas, designer finishes and fixtures, European-style kitchens, and modern custom-designed cabinetry. Amenities include a 14th floor resort amenity deck with 2 sunrise/sunset swimming pools, a jacuzzi, custom-seated fire pits, barbecue grills and outdoor summer kitchens, a private spa with massage treatment facilities, a state-of-the-art fitness center, yoga studio, entertainment lounge, and a screening room.
“Two blocks north of the Adrienne Arsht Center for the Performing Arts, Aria on the Bay’s semi-circular balconies make reference to those inside the classic opera houses. They playfully stagger creating a series of cylinders in performance. The arrangement could also be interpreted as a musical score, or a series of curves dancing to a tune,” said Architect Bernardo Fort-Brescia, founding principal of Arquitectonica.
Aria on the Bay launched sales and construction in 2015 and became an instant favorite among international and domestic buyers in the market for spectacular design, panoramic water views and luxury amenities in a walkable, urban setting. Baseball superstar Giancarlo Stanton, the Yankee slugger who was recently named the National League’s Most Valuable Player, purchased one of Aria on the Bay’s triplex penthouses in 2017 and Grammy Award-winning record producer and rapper Timbaland also purchased two units at the building.
“Beyond its prime waterfront location, magnificent bay views, and high-quality design features, Aria on the Bay benefits from the expertise of one of Miami’s strongest developers,” said Alicia Cervera Lamadrid, managing partner of Cervera Real Estate, the project’s exclusive sales and marketing brokerage. “Melo Group’s success is the result of more than sixty years of experience in the real estate industry and the firm’s track record for uncovering and investing in emerging neighborhoods. We are proud to be a part of their achievements in the U.S. and know that their keen and efficient business sense will ensure they continue to develop in Miami for many more years to come.”
Since arriving in Miami from Argentina in 2001, Melo Group’s father-and-sons team, which is led by Jose Luis Melo and his two sons Carlos Melo and Martin Melo, has been a driving force behind Miami's real estate resurgence. Aria on the Bay marks the developer’s 14th residential tower delivered over the last decade and a half, with a total of more than 5,000 units completed and in development throughout the Greater Downtown Miami area. Melo Group is also building market-rate apartment buildings to meet the needs of young professionals looking to live within close proximity to Miami’s largest employment districts such as Brickell, Downtown’s CBD and the Health District. The firm’s next residential project, the 710-unit Square Station Apartments, will open to tenants this month as part of a larger three-phase development plan to bring nearly 2,000 transit-oriented rental units to Downtown Miami.
Remaining units currently available for sale include a range of one- to four-bedroom condos priced from the $400,000s up to $1.8 million.