The Standard Residences, Midtown Miami has been issued its master permit, and construction is well underway, with the project 90% pre-sold.  

The permit issuance by Miami-Dade County follows news that the midrise condo by Rosso Development, Standard International and Midtown Development secured a $45 million construction loan from Bank OZK. 

Billed by backers as “the first-of-its-kind pied-à-terre-style building,” owners may lease out their units, which span 432 to 965 square feet, for terms as short as one month. Completion is set for the end of 2024.  

Located at 3100 N.E. 1st Ave., the boutique building is positioned between The Design District and Wynwood and is directly across the street from a recently opened Trader Joe’s and The Shops at Midtown.  

Unit interiors will include light wood-plank tile flooring, gourmet kitchens with custom Italian cabinetry and Bosch appliances and oversized bathrooms with stone vanities and double-suite rain showers.   

Community amenities include a landscaped rooftop with a 60-foot, resort-style sunset pool with restaurant and bar, a café and an outdoor terrace. Health and wellness amenities include an indoor pickleball court, sweat room and fitness center, infrared sauna and yoga and stretch studios. Finally, there is a dedicated social floor with a karaoke bar and screening room, co-working spaces, Zoom rooms and a private boardroom.   

Arquitectonica served as the building’s architect. while Urban Robot and an in-house design team are handling interiors. Naturalficial is the landscaper. Sales and marketing are exclusively managed by Douglas Elliman Development Marketing.