Florida Record
North Miami
High PriorityDevelopmentopen

16-Story Mixed-Use Tower at 1590 NE 123rd Street

Summary

A 225-unit tower with retail, offices, a dog park and 316 parking spaces could rise at NE 123rd Street and 16th Avenue. It would bring roughly $4.64 million a year in economic activity and about $550,000 in ad valorem taxes, but commissioners pressed on traffic at the congested 16th Avenue intersection and the loss of three mature oak trees.

At a glance

Total mentions
1
Last 30 days
0

Discussed at 1 meeting in the last 60 days; most recently Sep 10, 2026.

Impact analysis

💰Financial impact

The developer projects about $3.29 million in impact and permit fees to the city plus roughly $550,000 a year in property taxes.

✅Who benefits

Renters get new market-rate units priced near state workforce-housing limits, and the city gains tax revenue, jobs and a public dog park.

⚠️Who could be affected

Neighbors face construction impacts and added traffic at an already-congested 16th Avenue intersection, and three mature oaks on the corner will be removed.

Mentions & discussions (1)

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