Miami Condo Market and Lifestyle Updates
Proposed Tower Will Be the Tallest Tower in Miami Beach

Proposed Tower Will Be the Tallest Tower in Miami Beach

by Sep Niakan | March 31, 2014

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: 18/4003315/developers-propose-50-story-residential.html" rel="nofollow" style=" font-size: 10px;" target="_blank">miamiherald.com

Photo credit: Crescent Heights renderings miami.curbed.com

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