Miami Developer Scoping Out 81-Story Apartment/Hotel Combo

Compass
Nov 20, 2024

Proposed redevelopment site on Brickell Avenue in Miami, featuring a restaurant and retail buildings.

A Miami Developer is hoping to build an 81-story apartment building that would include 560 apartment units and 84 hotel rooms. Developer Walter Defortuna is proposing to build the tower on Brickell Avenue that would be the tallest tower in Miami if it’s completed.

The property currently features a 7,065-square-foot restaurant building (image) as well as a 10,972-square-foot retail building.

The S. Florida Business Journal reports that Defortuna hopes to redevelop the property with a 1.83 million-square-foot tower containing multifamily units with an average size of 1,113 square feet, 117,310 square feet of office space, 43,700 square feet of hotel space, 6,038 square feet of retail and 1,226 parking spaces. The residential units would range from 533-square-foot studios to 1,907 square feet with three bedrooms.

It would have a pool, gym/spa, bar and hotel lobby on the 12th floor.

The tower would rise 1,010 feet, greater than the height of the tallest building in Miami, the 868-foot Panorama Tower.

The post Miami Developer Scoping Out 81-Story Apartment/Hotel Combo appeared first on Connect CRE.

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