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Old July 17th, 2007, 01:16 PM   #1
gus_chi
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MIAMI | 300 Biscayne | 317m | 1041ft | ? fl | Demo

After years of laying fallow, a site at 300 Biscayne Blvd. once slated for a gigantic supertall development is again seeing a supertall proposal. At 1,049 ft. this one may finally reach fruition.
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PMG Applies To Build 1,049-Foot Skyscraper On Empire World Towers Site

Quote:
‎February ‎09, ‎2015,

PMG’s plan for the 300 Biscayne property calls for a tower that could be even taller than the Empire World Towers that was proposed for the site nearly a decade ago.

The developer has filed plans with the FAA to build a 1,049-foot (1,041 feet above ground level) tower. An additional two residential towers could also be coming to the site, behind the 1,049-foor tower (see below).

If approved at that height, it could become the tallest building in Miami, surpassing One Brickell City Centre by a foot. Both towers are proposed to reach 1,049 feet above sea level, but differences in elevation at the two sites means that PMG’s tower would be an extra foot above ground.

In 2008, the FAA approved Empire World Towers to be built at a height of 988 feet above ground, or 1,000 feet above sea level. That was reduced slightly from the 998-foot height that the developers had requested.

Next to the Empire World Towers site, a separate developer is working on plans for another tall tower called World Trade Center Of The Americas. That building is proposed to reach 953-feet above ground.
No renders have yet been released for this tower.


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Previously as Empire World Towers:

Quote:
Plans for tallest buildings in Miami gain first endorsement
January 18, 2008 By: Paola Iuspa-Abbott

Empire World Towers

The housing market may be in crisis, but that isn’t deterring developers from seeking approval to build one of the world’s tallest skyscrapers in downtown Miami.

Miami Beach-based Maclee Developments is moving forward with plans to build twin 93-story condominium towers across from Bayside Marketplace.
On Wednesday, Maclee’s proposal won an endorsement from Miami’s Planning Advisory Board. The vote was 8-1 in favor. Miami city commissioners have yet to review plans and vote on the massive Empire World Towers, which would rise at 330 Biscayne Blvd.

Maclee is seeking a major-use special permit, required for large developments. Renowned Miami architect Kobi Karp is the brains behind the oval-shaped towers, which would cost an estimated $1 billion to build. Karp said he wanted the project to resemble a ship because the Empire buildings would be within walking distance of the Port of Miami and Biscayne Bay.

Leon Cohen, Maclee’s chief executive, unveiled the project in May 2005. But resistance from some city’s advisory boards and elected officials a year ago made him to put the plans on hold, he said. Cohen is confident sentiments over his projects have changed. Still, some Planning Advisory Board members voiced reservations before they cast their votes.

“When I first looked at it, I thought the project belonged in Dubai,” board member Ernest Martin said during the meeting and who voted for the project.
Dubai, part of the United Arab Emirates in the Middle East, has experienced a skyscraper boom in the last two decades. By 2015, Dubai is expected to have the most buildings with 100 floors or more than any other city in the world.
Initially, the Miami towers were designed to rise up 110 floors. But to comply with Federal Aviation Administration height regulations, Maclee reduced the height to 93 stories, or about 1,022 feet, said Miami attorney Lucia Dougherty, who represents Maclee.

If built, the Empire towers could be challenged by another lofty Miami project.
Developer Tibor Hollo a few months ago received city approval to build One Bayfront Plaza at 100 S. Biscayne Blvd. Hollo’s glass encased building would have nearly 2 million square feet of office space and hundreds of hotel rooms. It would rise 1,049 feet over Biscayne Boulevard.

The two Empire World Towers would have a total of 1,557 condos, 3,317 square feet of offices and 24,741 square feet of retail space. But the mix of uses could change based on market conditions over the next five years, when construction of the project could start, said Cohen, whose company manages investment groups.

Air bridges are to connect the towers, and the College/Bayside Metromover station would be incorporated into the project. For that reason, Maclee wants to build a 1,321-car parking garage, with about 236 fewer spaces than the number of proposed condos. Dougherty said the city code doesn’t require any parking space at all in downtown because the area is served by mass transit.
Despite Wednesday’s board action, there’s no guarantee Cohen will develop the project, especially since thousands of condos built and under construction in the downtown area have created a condo glut.

The Florida housing market is suffering one of the worst slumps in decades. Condo sales in the state reached 2,375 units in November, a 29 percent decline from a year earlier, according to the Florida Association of Realtors. The statewide median sales price for condos was $186,700 in November, down 9 percent from the same month in 2006. Sales and the median price of single-family homes have also seen declines.

A few months ago, Cohen began looking for buyers for the 2.66-acre site at 330 Biscayne Blvd. He bought the property in May 2005 for $31.75 million, or $270 per square foot.

LoopNet, an online listing service for commercial real estate, advertises the site, including the project’s design plans and in-process permits. Lea Cohen, sister of Leon Cohen, said the family is asking $80 million for the package.
The site, which is located south of Miami-Dade College, covers more than two-thirds of a block. It does not include the block’s northeast corner, which is occupied by a Holiday Inn. The towers would replace vacant office buildings and a parking lot.

Cohen insisted he intends to build the landmark towers and would sell only if his project isn’t permitted. “If the market doesn’t want it, we need to have a plan B: sell the property,” he said.

Property appraiser Dave Randell, president of Miami-based Hemisphere Real Estate, said permits for future development can add value to a property, but it’s difficult to estimate their worth. The value can be influenced by such factors such as the perceived ease of obtaining city permits and what stage the permitting process of a specific project is in.

“The more steps complied in the development process, the more value it is added to the property and the project,” Randall said. “But there isn’t any particular way to measure it.”

Owners who have been awarded permits or are on the verge of obtaining one may want to recoup the cost of the permit and a share of the profit that they would have made selling out the project, Randell said.
Randall said during the residential construction boom that peaked in mid-decade, some developers obtained permits and shortly after flipped their projects for profits.

“From 2004 to 2006, people wanted to come [into this market] and offered developers crazy money for their permitted projects,” he said.

In the current housing downturn, distressed developers and investors may opt to permit their projects then sell out. “In a normal market, it is unusual to sell a project in the middle of the development process,” Randell said.





Designed by Kobi Karp Architecture: http://kobikarp.com/projects/empire-world-towers/

Facts

The two acre site was purchased by Maclee Development for US $31.7 million; the site was purchased by its former owner in April 2004 for $16.5 million.

Aviation Management Associates, Inc. (AMA), who was hired by Maclee Development to conduct studies on the project's compatibility with air traffic, deemed that some aviation problems exist, but also found that the complications could be solved.

The Federal Aviation Administration (FAA) will perform studies on the project's heights and longitude and latitude to determine the building's potential interference with air traffic in and out of Miami International Airport.
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Last edited by desertpunk; August 2nd, 2015 at 11:21 AM. Reason: new proposal for site
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Old July 17th, 2007, 01:37 PM   #2
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not sure about those link bridges. would look awesome as twin towers.
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Old July 17th, 2007, 02:17 PM   #3
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W0W these twins look good!! Nice renders too!!!!!

These buildings will suit Vice City good

I realy hope that these things will get built.

Cheers
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Old July 17th, 2007, 05:48 PM   #4
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Good to see this project isn't totally dead.
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Old July 17th, 2007, 06:04 PM   #5
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wow! i think they look great! they suit the miami skyline perfectly...lovely towers!
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Old July 17th, 2007, 06:15 PM   #6
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that's going to be stunning to see in miami...better in new york









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Old July 17th, 2007, 07:13 PM   #7
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love this project, hope they'll build it
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Old July 18th, 2007, 12:45 AM   #8
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The design is one of my favorite styles of architecture. And to top it off, they are very monolithic, futuristic, and the skybridges look great.

Overall, an excellent project that I look forward to seeing rise.
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Old July 18th, 2007, 01:58 AM   #9
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those are some amazing renderings!!! they just blend right in!!!!
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Old July 18th, 2007, 02:04 AM   #10
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It's funny cause just yesterday I saw renders and info about these towers that I didn't knew a thing about and now you post it.

They look amazing,hopefully they'll get built
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Old July 18th, 2007, 02:07 AM   #11
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Those are awesome renders, and awesome towers! They look a bit too tall though, I'd like to see them closer to other high rises. Are there any other tall buildings planned nearby?
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Old July 18th, 2007, 02:11 AM   #12
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Quote:
Originally Posted by CULWULLA View Post
not sure about those link bridges. would look awesome as twin towers.
I agree, but they would probably grow on me. isnt Miami's condo market saturated enough? This seems to be adding way more supply than needed right now.
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Old July 18th, 2007, 03:04 AM   #13
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This project are grand
I Love MIAMI
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Old July 18th, 2007, 03:09 AM   #14
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Without the bridges, GREAT!!

I want some of these for NY, too.
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Old July 18th, 2007, 03:37 AM   #15
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WOW i lov eit.
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Old July 18th, 2007, 03:40 AM   #16
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Quote:
Originally Posted by Gherkin007 View Post
Those are awesome renders, and awesome towers! They look a bit too tall though, I'd like to see them closer to other high rises. Are there any other tall buildings planned nearby?
I agree. The design is great, but I wouldn't want them to be all alone either
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Old July 18th, 2007, 05:01 AM   #17
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Quote:
Originally Posted by Gherkin007 View Post
Those are awesome renders, and awesome towers! They look a bit too tall though, I'd like to see them closer to other high rises. Are there any other tall buildings planned nearby?
You bet! The picture used in that rendering is about three years old now so there are about 10-20 new skyscrapers that you should be able to see in those pictures now. There are also several proposed and approved buildings within blocks of the two towers. For more info, you can download a detailed map with all of the proposed, approved and recently completed buildings in downtown Miami here. The Empire World Towers will be located between numbers 79 and 87 on the map.
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Last edited by Paul305; July 18th, 2007 at 05:08 AM.
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Old July 18th, 2007, 05:07 AM   #18
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It would be an awesome project! The renders prove that. I really hope they really can build it. Is there a reasonable chance that the FAA would approve this project at 1200 Ft?
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Old July 18th, 2007, 05:08 AM   #19
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Wow nice renders and desing too
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Old July 18th, 2007, 07:34 AM   #20
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..please please build it

I mean, you went so far as to make it look good, and release hot renders...why stop now MIA?
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