[dave8721]

They are looking at bumping up the height to 1049 feet and getting started in "2 to 3 years"

From an article in todays Miami Herald:



http://www.miamiherald.com/2014/02/2...lanned-to.html

But Swire has close competition: veteran Miami developer Tibor Hollo’s Florida East Coast Realty, which already has approval for a long-planned 1,010-foot tower on Biscayne Boulevard across from Bayfront Park, is asking the Federal Aviation Administration to allow them to up the building’s height. To 1,049 feet.

That’s the height Hollo wanted, but couldn’t get, when the One Bayfront Plaza project was first approved in 2007.

Hollo, who built the Omni complex, the Opera Tower and numerous other urban projects during a development career spanning 60 years, won approval for One Bayfront Plaza during the economic downturn, figuring it would take several years to develop and build it. He now says he’s likely two to three years away from the start of construction.

The wedge-shaped tower, designed by the prominent firm Kohn Pederson Fox — also responsible for the signature Espirito Santo Bank building on Brickell — would contain two levels of shops, an 800-room hotel, 130,000 square feet of exhibition space, offices and 640 condos.

One reason he’s going super-tall, Hollo said, is that it’s simpler to build one really tall tower than multiple, shorter buildings.

“I prefer to do one building at a time,” Hollo said. “I like to focus on the details. If you do three or four at a time, you lose it. This way I can be on top of everything.”

Read more here: http://www.miamiherald.com/2014/02/2...#storylink=cpy