[chris08876]

92-Story One Bayfront Plaza Gets Planning Approval

Miami’s Planning Department has given the green light for developer Tibor Hollo’s proposal to build a supertall tower on Biscayne Boulevard.

Plans were approved on December 26, after a four month review. The proposal does not need to comply with Miami 21 zoning regulations, since a Major Use Special Permit issued prior to Miami 21 is being reused and modified.

Work is expected to begin in early 2019, although the developer has said they would like to accelerate the start if they can complete pre-construction planning sooner.

As proposed, the tower would become the tallest in Miami at 92 stories and 1,049 feet above sea level.

With the project, the developer is targeting some of the hottest sectors of Miami’s real estate market. It would include:

1,361 rental apartments
534,379 square feet of office space
101,650 square feet of retail
200 hotel rooms
2,117 parking spaces
Observation deck on level 92
Kohn Pedersen Fox is the architect, along with ODP Architects.

Another Hollo Supertall proposal, The Towers by Foster and Partners, was submitted a month later and remains under Planning Department review.

======================
NXT