Future tenants of Brickell’s mammoth Panorama Tower are a little closer to being able to look down on the rest of Miami.

Developer Tibor Hollo’s Florida East Coast Realty is celebrating the topping-off of its 830-foot luxury rental tower at 1101 Brickell Ave.. The ceremony is a customary way for builders to commemorate the completion of the top floor of a new structure.

At 85 stories, Panorama Tower will be the tallest building in Florida and the tallest residential building south of Manhattan, according to the developer. The tower will house 821 apartments, ranging in size from one to three bedrooms and starting at 1,135 square feet., along with a sick array of amenities, including a lap pool, sun deck, weight room, pet groomer and a serenity pool for when you’re stressing about your high rent — an average of $3 per square foot.

Another 208 rooms will serve as a boutique hotel. The structure will house 100,000 square feet of office space and 50,000 square feet of high-end retail shops and restaurants.

Construction on the Panorama, which is estimated to cost a total of $800 million, is expected to be completed by the end of this year. The leasing program has not officially started, but more than 100 units are already reserved.

Including the building’s antenna, the Panorama Tower will reach 868 feet into the sky, which is higher than two football fields stacked end-to-end and taller than the Four Seasons Hotel Miami, which measures 800 feet to tip.

Panorama will only hold the crown of Miami’s tallest for a couple of years. The building will be dwarfed by at least two other giant skyscrapers in development, both expected to reach 1,049 feet: One Brickell City Centre and One Bayfront Plaza.


Source: Miami Herald

Tibor Hollo will break ground on the 92-story One Bayfront Plaza in January 2019, according to an interview he gave this week with Miami Today.

Completion is estimated within 40 months of starting, he said. The building will top off at 1,049 feet, since that is the maximum permitted by the FAA in the area, Hollo said. He expects other developers will follow him and build at that height.

Most of One Bayfront Plaza will be devoted to apartments, with 1,052 units. The project will also include about 500,000 square feet of office space and 200,000 square feet of retail, along with a 200-room hotel. It will be directly connected to a Metromover station by bridge.

Residences will start on level 22. A sky recreation deck will have two giant pools, including one for hotel guests. A second amenity deck will be located on level 40.

Hollo is 90 years old. He currently has Panorama Tower under construction in Brickell, which is already the tallest structure in Miami. Hollo said that Panorama will top off at 867 feet, surpassing any other building in the area by 100 feet, and the tallest (residential) tower south of New York on the eastern seaboard.


Source: The Next Miami

Florida East Coast Realty obtained approval from the Federal Aviation Administration (FAA) for the height of two planned towers in downtown Miami, both designed to rise about 1,000 feet.

The FAA approved the designed height Florida East Coast’s 1,005-foot One Bayfront Plaza and the company’s 995-foot 1201 Brickell development. In a separate decision, the FAA recently approved the designed height of six Miami condo buildings by Related Group, including two taller than 800 feet.

The FAA had issued  preliminary notices of “presumed hazard” to Florida East Coast because the federal agency was concerned that the height of One Bayfront Plaza and 1201 Brickell could interfere with air traffic.

Florida East Coast designed 1201 Brickell as a twin-tower residential development with 787 units. One Bayfront Plaza is planned at a location on the west side of Biscayne Boulevard between Southeast 1 Street and Southeast 2 Street. The $1.4 billion project would include 768,000 square feet of office space. The mixed-use development also would encompass 643 hotel rooms, 97,000 square feet of retail space and 110,000 square feet of meeting and convention space.

The tallest building in Miami now is the Four Seasons hotel at 1435 Brickell Avenue, which is 789 feet tall. Florida East Coast will top that when it finishes its 822-foot Panorama Tower at 1101 Brickell Avenue, now under construction. Swire Properties eventually may have the tallest tower in town: The developer plans to build a 1,049-foot tower in a future phase of its Brickell City Centre development along South Miami Avenue between 8 Street and 6 Street.


Source: The Real Deal