MiMo Bay Apartments is a waterfront community that will feature 236 units and a new 15,000 square-foot American Legion Post facility for military veteran members. Stantec’s design vision is to pay homage to the surrounding neighborhood and its Miami Modern architecture and to establish a connection between Biscayne Bay and the Legion Memorial Park.
Asia Capital Real Estate Management (ACRE) and Global City Development have started construction on MiMo Bay Apartments on Miami’s Upper East Side. The 236-unit mixed-use waterfront community is a joint venture between ACRE and a large Canadian Pension Fund.
The five-story building will be constructed on a 3.5-acre parcel formerly occupied by the building of the American Legion Post No. 29, which was demolished back in 2016—shortly after the Canadian pension fund acquired the asset for nearly $4 million, according to The Real Deal. That site is adjacent to Legion Memorial Park at 6445 N.E. 7th Ave. in the coveted Miami Modern (MiMo) District.
To read more on this unique and exciting project, visit Multi-Housing News.