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Tuesday, December 12, 2017

Downtown Miami Shaping Into Downtown Manhattan

by Kendrick Daye (writer), Coconut Grove, June 09, 2007

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According to the 2006 Almanac of Architecture and Design Miami's skyline currently ranks third in the U.S. behind major metropolises New York City and Chicago, but that very skyline that has garned The Magic City fame will be drastically changing in the upcoming years with a major building boom including 80 highrise towers under construction.

Worldwide, Miami currently ranks second, first in the United States, in the most buildings under construction, 24, that will be over 492 feet. The Miami area, including the cities of Miami, Miami Beach, North Bay Village, Coral Gables, Aventura and Sunny Isles Beach. 80 magnificent high rise towers are currently under construction or in pre production including the Biscayne Wall skyscrapers, like Ten Museum Park, Marinablue, Marquis, 900 Biscayne Bay, Everglades on the Bay and Freedom Square.

The statistics are startling. According to the City of Miami Large Scale Development Report, since 1995, 79 projects have been completed, or are close to completion, for a total of 18 thousand new residential units, and 2 million sq ft of office space. There are 67 approved projects slating an additional 21 thousand residential units, and 21 projects in the application phase, for 3 thousand more residential units. Additionally, there are a whopping 87 in the preliminary phase, which would add 25 thousand more residential units. Adding these would bring the total to 4 million sqft of retail, 3 million sqft of office space, and 69 thousand residential units.

With 37 thousand of these units being built in Downtown Miami, at an estimated construction cost of over 12 billion dollars tension is beginning to build from residents against the change. Another 8 thousand of these units, 52 of the total residential projects, will be built in Wynwood/Edgewater, most of which will be lower scale lux lofts and other semi-dense yuppie enclaves.



About the Writer

Kendrick Daye is a writer for BrooWaha. For more information, visit the writer's website.
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