Related Group is planning on collaborating with Crescent Heights to build the tallest tower in Miami Beach: the Crescent Tower. Unfortunately, they have reach a small problem: it’s too big.
The companies are attempting to create a 50-story residential building designed by Perkins + Will, if only they can convince commissioners to waive the height restrictions for the project.
The Miami Beach area has a 75-foot height restriction, so the partnering companies are trying to move the development rights to the southwest corner.
The project itself will have a six-story waterfall and a three-acre park, where an old hospital and parking garage are located for the time being. The condo itself will have four units per floor, priced at $2 million each, or $10 million for the penthouses.
Crescent Tower will be next to the Alton Road flyover at the end of the MacArthur Causeway.
Source: miamiherald.com
Photo credit: Crescent Heights renderings - miami.curbed.com