Melo has started construction on this project as of July 2012 after completing the 23 Biscayne project.
They still have the old Rosabella MUSP, but not sure if they will be building the exact design.
Project Data (NOTE: Data and renderings are for previous Rosabella design):
Groundbreaking date: July 2012
Location: 421-447 NE 22nd Street, Miami
Architect: ITEC Design Architectture
Height: 31 floors, 321 feet
Units: 258 residential / 12,141 Sq. ft office / 3,257 Sq. ft restaurant / 515,727 SF total