56-floor office tower? I highly doubt there's that demand for office space in DT MIA, even though its 555K sqft.

WeWork To Lease 10 Floors in Upcoming 830 Brickell Office Site

https://www.goldenduskphotography.co...ll-office-site

There is.

Any renderings?

Highly doubt there's strong demand when office vacancy is 18.1% between Brickell and the CBD. Adding 555K sq ft in an area with vacancy rates that high is not smart at all.

^^^^^^^^^^^^^

Keep in mind the mixture of different functionalities and the type of office space (A,B,C). Not everyone wants Class A space. There is also demand for Class B office space.

World Center Miami is adding 500k of office space. Panorama Tower added up to 100k of office space.

With the functionalities, not all office space is created equally. Just because there might not be as much demand with finance, doesn't mean that the office space can't cater to medical for example.

If the demand wasn't there, we wouldn't be seeing so many developments rise, some which include office functionality.

Rest assured that risk is calculated. Kinda why a lot of Miami projects in the past have been on-hold, shelved, or reduced in size.

The events occurring show confidence and risk acceptance.

It doesn't have to ALL be leased right away either.

This has a tentative completion date of either Q1 or Q2 2021. The 146,000 square feet IMO should serve as a big confidence boost. I think smaller scale leases will do wonders, as to not overshoot for the big players. They can start u/c, and work on getting more leases.

https://i.imgur.com/sQnpbdP.jpg
Credit: NXT

so work has started? awesome.

Permits shows this will be 56 floors. Can we change title to reflect floor count.

Yes it has started. Let's hope the momentum keeps up for other towers! :cheers:

Foundation Work Continues at 830 Brickell Plaza as FAA Approves 834 Foot Height

https://www.goldenduskphotography.co...ell-plaza-site

It's rather odd that we still don't have any renderings for a new major office tower that has already started construction.

Construction Updates

https://www.goldenduskphotography.co...uction-updates

ADRIAN SMITH + GORDON GILL ARCHITECTURE DESIGNING 888 BRICKELL PLAZA OFFICE TOWER

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

That’s great news!

This will be Miami's new tallest. CTUH has this as 2m taller than Panorama Tower. Aston Marin Residences is also rising, and will be the 3rd tallest at 249m.

So is this already rising? I hope so.

Beginning stages, but yes, u/c. Also listed via CTBUH as u/c.

:cheers:

[IMG]https://live.staticflickr.com/65535/...18f7d1fc_c.jpgUntitled by Golden Dusk Photography, on Flickr[/IMG]

https://live.staticflickr.com/65535/...3e96aca6_c.jpgUntitled by Golden Dusk Photography, on Flickr

[IMG]https://live.staticflickr.com/65535/...43e61701_c.jpgUntitled by Golden Dusk Photography, on Flickr[/IMG]

[IMG]https://live.staticflickr.com/65535/...970d8ec2_c.jpgUntitled by Golden Dusk Photography, on Flickr[/IMG]