Swire Properties USA and Fortune International Group have converted sale contracts at the Residences at Mandarin Oriental, Miami, with a total value of $150 million, out of close to $1 billion in reservations. These include 2, 3, 4, and 5-bedroom homes, with some per square foot prices exceeding $3,000 PSF.
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Florida East Coast Realty On Track To Begin Construction On KPF-Designed Supertall One Bayfront Plaza In Early 2019
Miami is set to get its first supertall in the fast emerging Downtown neighborhood, as Tibor Hollo's Florida East Coast Realty is gearing up to begin construction on the 1,049', 92-story, Kohn Pedersen Fox (KPF)-designed One Bayfront Plaza in 2019. Demolition of an existing office building on the current site is scheduled for the first half of 2019.
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Tibor Hollo to Break Ground on 92-Story One Bayfront Plaza in January 2019
Tibor Hollo's Florida East Coast Realty expects to break ground on the 1,049 foot, 92-story One Bayfront Plaza in January 2019 with completion is expected at some point in mid to late 2022. The 1,049 foot design by architectual firm Kohn Pedersen Fox will maximize the height approved by the FAA. One Bayfront Plaza will feature 902 apartments, 200 hotel rooms, 532,000 SF of Class A Office Space, 103,959 SF of retail, pedestrian bridge to the metromover and 1,055 parking spaces. The residences and hotel will feature a sky recreation deck which will have 2 pools, one being for residents and one for hotel guests. There will also be another amenity deck on the 40th floor. Check out our coverage of One Bayfront Plaza's New Renderings, new plan submission, and application to the FAA to increase height.
New Renderings of One Bayfront Plaza
New renderings have been released of One Bayfront Plaza which is set to become the tallest building in Florida. The 92-story, 1049-foot skyscraper is proposed by developer Tibor Hollo's Florida East Coast Realty and Kohn Pedersen Fox is the architect. The proposal is under review by the city and construction could begin as early as January 2019. The project includes:
- 902 Apartments
- 200 Hotel Rooms
- 532,000 square feet Class A office
- 103,959 square feet of retail on the lower levels
- Pedestrian bridge to Metromover
- 1,055 parking spaces
Read our earlier post upon plan submission by Tibor Hollo and their September application to the FAA to approve the height of the "super tower."
