MIAMI—Flagler Street is getting plenty of attention these daysas the city looks to modernize the historic area. MeloGroup is doing its part with Flagler on the River—butthere may not be much more opportunity for multifamily developerson the street.

GlobeSt.com caught up with Carlos Melo,principal of Melo Group, to get his thoughts onwhy that's the case, as well as how the Miami River may be enteringa new phase when it comes to redevelopment in part two of thisexclusive interview. You can still read part one, “Melo Sees MiamiRiver Multifamily Revival,” if you missed it this morning.

GlobeSt.com: Did you have to change the zoning ofthe two sites where you are building Flagler on the River and thesecond restaurant?

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