Ground broken for 8-story apartment building in downtown Melbourne
A groundbreaking ceremony was held in downtown Melbourne for an eight-story apartment building.
The $30 million development, called Highline, will have 171 studio, one-bedroom and two-bedroom apartments.
The developer, Sam Zimmerman, told Florida Today that monthly rents probably will range from $1,100 to $1,600.
He expects construction of the Highline apartment building to conclude by March 2020.
The apartments will have balconies, nine-foot ceilings, and washers and dryers.
Common-area amenities will include a community kitchen, bar, gym, yoga and pilates room, billiard room, and a second-floor swimming pool and deck with an outdoor kitchen and a fire pit.
Zimmerman bought the Melbourne development site for $900,000 from the Brevard Regional Arts Group, the owner of the Henegar Center for the Arts, which is next door. The development site formerly was the location of a public school demolished in 2014. [Florida Today] – Mike Seemuth
Source: The Real Deal