Miami Mixed-Use Tops Off
Developed by CADE Capital Partners, Riverview Tower will comprise 100 units and 1,168 square feet of ground-floor retail space. The property first broke ground in January 2017 and is scheduled for completion by late 2018.
By IvyLee Rosario
CADE Capital Partners has topped off Riverview Tower, a mixed-use residential building in Miami‘s West Little Havana neighborhood. The property first broke ground in January 2017 and is scheduled for completion by late 2018.
“As the revitalization of Little Havana continues, we’re thrilled to introduce Riverview Tower to a neighborhood that is deeply rooted in Miami’s culture and identity,” said Jose Antonio Vizcarrondo, managing partner of CADE Capital Partners.
Located at 645 1st St., the 100-unit community will comprise eight stories. Featuring both one- and two-bedroom floorplans ranging from 685 to 1,052 square feet, apartment pricing falls between $1,200 and $2,300. Community amenities include a fitness center, clubhouse, pool and access to 1,168 square feet of ground floor retail space. The neighborhood is surrounded by the Miami River and is in close proximity to downtown Miami.
The company purchased two separate lots for the development, totaling 30,000 square feet. Ocean Bank served as the financier for the project, with the lots purchased separately from one another. Delant Construction is handling construction of the building.
“Riverview Tower combines modernity with convenience, offering sleek, affordable living in the urban core of Miami’s metro area,” Vizcarrondo told Multi-Housing News.
Image courtesy of CADE Capital Partners