A piece of Miami's history is getting a facelift. The St. James building is currently under construction and new ownership.

Brent Hackett, Terry Jurgensmeyer and Tony McCoy have partnered as owners of the building.

“We are really proud of the way things are going,” Hackett said about the transformation taking place on the corner of 1st Avenue and East Central Avenue, across from the courthouse, which is also under construction.

The west lobby has been renovated. New sidewalks and lights have been placed outside the building. A tower was installed to cool the building and the elevator was refurbished.

“We've completed the renovation of the entire fourth floor,” Hackett said. “All of the apartments have new plumbing, new heating and cooling units, recessed lighting new custom cabinets, wireless Internet, new hardwood floors, granite sinks, walk-in closets and ceramic tile bathrooms.”

The apartment complex, which has been named “The Lofts,” features a laundry room and fitness center. They are secured by a 24-hour control access system on the entrance doors as well as a video security system throughout the building.

“One apartment on the fourth floor will be furnished and offered as a corporate apartment with paid utilities, phone service, cable and a weekly maid service,” Hackett said. “The entire fifth floor will be completed by the end of March.”

When completed, the building will have 14 apartments available for rent.

“We expect to begin renting them within the next two weeks,” Hackett said. “We just have some minor cosmetic things to complete and then we'll be ready.”

The business partners will be hosting a grand opening of the renovated building later this month.