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Seven supertall towers are currently planned across Miami.

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The two major productions will inject approximately $12 million into the local economy.

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In Miami Beach, where politicians recently voted unanimously to oppose the Metromover expansion to South Beach, the vote was even more lopsided.

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The Madrid-based bank will begin demolition of its Brickell office building in the next few weeks to make way for the new tower.

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The tower is currently going through Miami-Dade’s review process under the Rapid Transit zoning plan. Approval of developments in the zone may be conditioned on public benefits.