Neology Life, led by developer Lissette Calderon, broke ground on an apartment complex in Miami’s Allapattah neighborhood after obtaining a $78.2 million construction loan.
The Julia apartments, named for Miami founder Julia Tuttle, will have 323 units. Construction on the 14-story building at 1625 N.W. 20th St. is expected to be completed by mid-2023. The developer said the total cost of the project would be $100 million.
Doral-based Jaxi Builders is the general contractor.