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The Future of Miami Skyline: Top 10 New Construction Projects

[vc_row][vc_column][vc_column_text]With a population of 21.31 million people, Florida has become a popular choice for high-rise structure developers and investors. Here are ten high-rise structures and luxury apartments that will undoubtedly define Miami’s future skyline.

1. Waldorf Astoria Hotel and Residences

This marvel will be the tallest skyscraper south of Manhattan, standing at 100 floors and 1,040 feet. The condos in this one-of-a-kind, architectural marvel are formed like bricks stacked on top of one another and have already begun to sell. Designed by the world-famous architect, Carlos Ott, the building resembles a pile of unevenly stacked glass cubes. Residences have dramatic views of Biscayne Bay, Brickell Avenue, Downtown Miami, the Port of Miami, Key Biscayne, and South Beach.

The residences are designed by award-winning interior design firm BAMO and feature the latest “smart building” technology with a custom Waldorf Astoria Residences app, linking residents to 24-hour concierge services and building amenities. All residences have access to concierge services using a custom app accessible to a full menu of available offerings, such as dining reservations, spa and fitness treatments, car reservations, valet service access, package delivery service, and dog walking services. What more can you ask for!?

2. Skyrise Miami

Arquitectonica’s ultra-unique skyscraper will reach a height of 1,045 feet and will be mostly utilized for entertainment. It is scheduled to open in 2023 and will offer exciting attractions and entertainment. The skyscraper includes music rooms, banquet rooms, VIP services, themed attractions, among other virtual reality services, and a “flying theater”. The project, operated by Legends sports and entertainment management company and developed by Berkowitz Development Group, will also feature observation decks that will capture 40 miles of panoramic views from the top of the project. SkyRise Miami will be able to withstand winds of up to 186 miles per hour during hurricane season and will also have many notable features, including a mix of concrete and structural steel.

3. MiamiCentral Supertowers

The South Tower of this twin-tower structure will have 750 hotel rooms and 50,000 square feet of retail space, while the North Tower will have 800,000 square feet of office space and 50,000 square feet of retail space. Both are projected to reach a height of 991 feet. Strategically located in the heart of Downtown Miami, this supertower features luxury rental residences, uniquely connected urban offices, and entertainment space. This is one of several projects that are trying to break the record of 1000 feet in height in Sun City. The building is just a few blocks away from the Miami World Center complex and within walking distance of the Bayside Marketplace on Biscayne Bay.

4. One Bayfront Plaza

One Bayfront Plaza will consist of residential, hospitality, office, and retail space. It will be the city’s tallest structure, at 95 floors tall and 1,049 feet over Biscayne Bay. This tower faces Biscayne Bay and offers the ultimate in prime, cost-effective office and retail space. It presents the convenience of being close to Miami’s famous surrounding venues for entertainment, sports, and culture. Featuring breathtaking views and an ideal location, this luxury tower offers an address that is second to none. You’ll literally be at the epicenter of every key destination in the Downtown Miami area. The building’s primary advocate is a real estate developer and winner of several awards for his 55 years as a developer in Miami, Tibor Hollo, the former president of Florida East Coast Realty.

5. The Towers by Foster + Partners

Up to 660 residences and 220 hotel rooms will be available in this spectacular twin-tower building (81 and 79 stories, respectively). Its developer has appealed for FAA permission for a height of 1,049 feet. Designed by Foster + Partners, one of the most storied architectural practices in the world, The Towers will contain ultra-luxury residences as well as a pedestrian plaza with shops, restaurants, and art galleries.

An important hallmark of the project is the 56,800 SF of publicly accessible open space, displaying a direct panorama from Brickell Avenue to the Bay. These two, elegant and slender, interconnected towers will be built on the last waterfront development site in Miami’s Brickell neighborhood. “The Towers” is expected to bring life back to the bay. Condo residents and the general public will be able to stroll through the plaza’s tropical garden, enjoy art galleries, shops, and restaurants, and not worry about parking as it will be tucked two stories underground.

6. Baccarat Residences

This project recently reached the 60% sold mark, and reservations are being converted into contracts. The Baccarat Tower Miami is 75 stories with over 360 residences and is designed to resemble the waves undulating in a sea of glass. Keep reading along to learn about the benefits of becoming a part of this luxury community.

Illuminated by the shimmer of the sun, this soaring tower will be found at a spectacular location, close to the Miami River and Biscayne Bay, and only one block away from the New Brickell City Center. Connecting the sparkling vitality and dynamism of Brickell with enlightened design and artful service, residents will enjoy a lifestyle infused with unexpected delights and inspired brilliance.

7. Legacy Miami World Center

This 50-foot, 691-story skyscraper sold out all its residential flats in 2021. The project began in August 2021, with a $340 million construction credit obtained in December. Kobi Karp designed legacy; the mixed-use project is comprised of 278 residences and 255 hotel rooms. It is located within the 11-hectare Miami World Center. This building stands out for many reasons, the main one being that there are no lease restrictions, allowing investors to maximize their rental capacity. This means that as an owner of a Legacy residence, you can live in, rent for a year or by the night, vacation, or assign the Hotel or a real estate agent to handle it.

Amenities include the atrium, two floors of common areas on the rooftop of the building, a pool, and social lounges along with a transparent structure that guarantees breathtaking views of the city. Legacy is the first high-end residential experience to incorporate a holistic lifestyle experience and its prime location makes it even more appealing.

8. 830 Brickell

This $300 million, 734-foot, 50-story office tower is currently under construction, with a 2022 completion date. It will be Miami’s second tallest office skyscraper and its most contemporary when completed. 830 Brickell is the first Class A+ freestanding office building to be built in more than a decade that presents a premier commercial offering in the heart of Miami’s financial center. This iconic office tower is a truly singular addition to the Downtown Miami skyline and offers unparalleled accommodation to the world’s leading companies.

9. Society Biscayne

On Biscayne Boulevard, this 646-unit apartment complex is approaching completion, with a Spring 2022 move-in date. Society Residences Miami is a collection of refined studios, one-bedroom, two-bedroom, and three-bedroom residences, located in Miami’s most magnetic locale, Downtown Miami. These residences will enjoy a vibrant and rich community fueled by culture, glamour, and wellness. Society Biscayne would be the only current inventory in Miami with a short-term rental program professionally operated by a five-star operator. This means that the building will allow daily rentals with no restrictions.

10. Canopy Club

In 2021, a $345 million project loan was approved, and the building is presently ongoing. This will be South Beach’s tallest building at 546 feet. This 48-story tower offers an array of services and amenities including Miami Beach’s first “Residents-Only” Club, a beach club with transportation provided by house car, and a three-acre shaded Canopy Park with Monstrum playground, running track, outdoor gym, a dog park, and more. Private residences will feature between 2-5 bedrooms apartments and 1,400 to over 6,000 square feet with open water views from every unit.

The ongoing developments in the Miami high-rise sector make it one that speculative investors should watch in the future. So, if you are an investor or a resident looking to move into one of these luxury apartments reach out to us today.[/vc_column_text]

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