One Bayfront Plaza is a proposed supertall to be built by developer Tibor Hollo (Florida East Coast Realty) in Miami, Florida. Historically Miami has had strict height limits due to aviation concerns, but a new ordinance passed last month will now allow buildings over 1,000 feet, which will allow Miami to get its first supertall (building over 1,000 feet). Originally introduced as more of a vision, this project was supposed to be nearly 1,200 feet to the spire. At that height, it would have almost never gotten approved. With the new ordinance for downtown, however, Hollo realized he had a legitimate shot at getting it built. So the new design called for a height of 1,049 feet with 70 floors. The spire was reduced and the tower was redesigned to help the tower's chances of approval. It has yet to be approved, but both the FAA and Hollo beleive the tower has a legitimate shot of being approved. It approved, it would start construction most likely in 2010 or 2011. Completion is estimated for 2013. The building would feature retail and hotel space on the lower levels, and offices throughout most of the building. Although Miami's residential boom is fading, the office market is expected to pick up in the coming years, and has already shown signs of doing so.
The 21-story Citibank Plaza, which currently leaves a huge gap in the middle of the skyline between the 750-foot Wachovia Financial Center and the 500-foot One Biscayne Tower, would be demolished at last (built in 1959) to make way for the new tower, which would be centrally located near Bayfront Park, a mass transit station, and Biscayne Boulevard, the main thoroughfare in Miami. It will have a very prominent spot in Miami's skyline.
Old Rendering
New Design, which will be the one submitted for approval
It would also be the tallest building in Miami if built, even taller than the proposed Empire World Towers which would be over 100 floors.