One Bayfront Plaza’s Supertall Development Signals New Era of Luxury and Business Opportunities
The recent developments at One Bayfront Plaza present a unique opportunity to capitalize on Miami's growing status as a financial and luxury hub.
A comprehensive demolition permit has been lodged for the significant redevelopment of the One Bayfront Plaza site, a prime piece of real estate in Downtown Miami. The project involves the removal of 535,000 square feet of existing structures, which is budgeted at an impressive $2.4 million—indicating the scale and potential of the venture.
B2 Group is orchestrating the demolition process, with Jerome Hollo of Florida East Coast Realty being a key figure in the negotiations. This development comes after the completion of the interior stripping earlier this year, setting the stage for a grand reconstruction.
The vision for the new One Bayfront Plaza is to establish an iconic, towering presence in Miami's skyline, with the Federal Aviation Administration greenlighting a soaring height of 1,049 feet. This architectural marvel is intended to host premium Class AAA office spaces, a top-tier convention hotel, and upscale residential units, ensuring a diverse revenue stream.
Furthermore, the blueprint includes an exclusive retail center and a commodious parking facility, creating a comprehensive, multi-use complex that spans two city blocks. With over 3 million square feet of space, this supertall development is poised to become a central hub for commerce, hospitality, and residence.
It’s worth noting that Florida East Coast Realty has a proven track record with the success of Brickell's Panorama Tower. As Florida's tallest building to date, it stands as a testament to the company's ability to deliver on ambitious projects. The new One Bayfront Plaza is set to not only transform the Miami skyline but also to offer a multitude of possibilities in a city that is rapidly becoming a global focal point for luxury and business.
