$225 Million High-Rise Development to Go Up on Trinity Episcopal Cathedral Site

A 42-story multifamily tower will go up next to the historic Trinity Episcopal Cathedral. Positioned at the base of the Venetian Causeway, this ambitious project in collaboration with Key International signifies a continuing trend of redevelopment for religious sites in South Florida.

The proposed tower is set to occupy the vacant section of the Trinity Episcopal Cathedral lot at 515 Northeast 15th Street and 464 Northeast 16th Street, strategically located at the convergence of the Arts & Entertainment, Edgewater, and downtown Miami neighborhoods.

Led by the Ardid family and designed by Sieger Suarez Architects, the L-shaped structure is intended to house 462 units, including a 533-space garage for both residents and cathedral parishioners. The ground floor will feature a 4,000-square-foot parish hall, combining modern living with historic preservation. Monthly rents in the $225 million high-rise are expected to range from $2,850 to $6,500 and will have amenities such as a pool, gym, and pickleball court.

The Diocese of Southeast Florida, the site owner, plans to lease the property to Key International for a 99-year term. This collaboration aims to generate funds for the cathedral's much-needed repairs, operational costs, and contribute to Trinity's new affordable housing projects, currently in the design phase in Little Havana.

Trinity Episcopal Cathedral was built during the 1920s real estate boom. Designed by architect Harold Hastings Mundy, the cathedral draws inspiration from various architectural styles and is currently seeking historic designation by the city of Miami.

The Very Reverend Jason Roberson, Cathedral Provost, has said in published reports that he sees this project as an opportunity to serve the growing congregation, including Spanish-speaking and LGBTQ+ communities. Trinity Episcopal Cathedral, unlike many others, reports a surge in membership post-COVID, attracting visitors for prayer sessions throughout the week.

Groundbreaking is reportedly scheduled for 2027 with completion in 2030.