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When Dan Kodsi and his former partner acquired the site two years ago, they planned to build a 200-unit apartment building. Now, Royal Palm is moving forward with a roughly 30-story condo tower.

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Companies tied to Griffin and Citadel spent about $670M on the Brickell assemblage in 2022.

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According to recently released Census data, between July 2022 and July 2023, Miami’s population increased by 1.3% making it the tenth fastest growing big city (defined as a population above 250,000).

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The race to introduce air taxis to Miami’s skyline is speeding up as one provider is targeting a 2026 launch and plans to buy 20 all-electric jets to make the futuristic vision a reality.

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According to the utilities agreement, the new tower will include 750,901 square feet of office and 6,553 square feet of retail.