It only took about three months for the FAA to issue approval for the 76-story tower.
The flow of new residents to Miami has brought job opportunities, spurred development and raised the city’s profile as an international destination. But the increased population has also helped Miami earn a more dubious distinction: Its roads are now among the most congested in the world.
While 76% say ESG is either “somewhat” or “very” important to their companies, there’s still progress to be made in all the letters, not just the E and G.
More projects could be in the works and some long-stalled ones could be in for revival.
The current zoning of the properties at 20 and 25 Southeast 10 Street is “Public Parks and Recreation.” The application is to change it to “Restricted Commercial.” The city is also requesting to change the zoning atlas of the properties.
Miami continues to buck the national trend of an office market in crisis.
A total of 1,995 residential units are planned between all five towers.
The proposal includes three new towers where a 53-story tower is nearing completion, bringing the total to four on the property. Two of the three new towers are proposed to rise 68 stories each, with a shorter one at 25 stories.
The developer proposed a 12-story apartment building.
The project is slated for nearly 370,000 square feet of offices, 558 residential units, and a hotel.