Brightline Parent Selling Its Two Downtown Miami Supertower Sites

Two properties in downtown Miami where Brightline has been planning Supertowers are now listed for sale, according to the SFBJ.

An FAA filing stated that the towers would rise 991 feet above ground, or 1,000 feet above sea level.

The company had filed platting documents for the properties over the summer of 2020.

The north supertower closest to the existing Brightline hub was planned to have 800,000 square feet of office space and 50,000 square feet of retail, according to the plat documents.

A south supertower next to the Miami-Dade civil courthouse was planned to have 750 hotel rooms and 50,000 square feet of retail.

Brightline parent company FECI controls the properties through two entities: Miami Supertower A LLC and Miami Supertower B LLC.

The developer created the south parcel by getting approval to reroute a public downtown street and swapping that land with the city.

 

 

this small park and the adjacent road has been approved to be incorporated into the south parcel:

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Anonymous
8 months ago

This will garner a lot of interest…cant blame them for trying to cash out seeing how demand for Miami is peaking now

Azarius
8 months ago

Plus they have other large projects

Anonymous
8 months ago

I knew those lots will be a money flip, hopefully PMG, related or Melo buy them before mana does.

Anonymous G
7 months ago

For real. PMG or Melo would be sick!

Anonymous
7 months ago

Unless Melo will build something Aria-tier, hell no. I’m skeptical about PMG, considering recent developments have been pretty boring between Echo and waiting for the Waldorf Astoria.

Anonymous
8 months ago

Lol at people calling this a scam. They bough it and increased the value by getting it rezoned and building a major transit hub around it and now they flip for profit. I do hope whoever buys it has a real vision and moves quickly as its such a key area, but i wont hold my breath.

Anonymous
8 months ago

This shouldn’t surprise anyone, not after the way this Covid virus has affected BrightLine”s business and bottom line. This is one of ways businesses adjust by selling off some it’s nonconsequential assets.

Anonymous
7 months ago

Um, private railroads make ends meet on real estate. It’s more likely they’re selling before prices plunge.

Anonymous
8 months ago

Figured that bullshit was going to happen! Now watch a developer buys the land an put a 600ft condo on it by architectonica that looks like shit!

Anonymous
8 months ago

600 ft. Tower will be the shit

Anonymous
7 months ago

Not when you can build as tall as 1000ft that was the original proposal

Anonymous
7 months ago

“600 ft. Tower will be the shit”

Yep.. a 700ft along with an 800ft tower would look awesome also.

Anonymous
7 months ago

I heard that they are opening a spelling and grammar academy designed by Arquitectonica.

Anonymous
8 months ago

I knew it wasn’t going to happen.

Anonymous
7 months ago

BrightLine probably did intend to build those towers but today’s market is making it realistically unfeasible now. Just look around and notice all the boarded up businesses just in the area you live in since this Covid virus hit the U.S.

Anonymous
8 months ago

Winning! LOL, n

Anonymous G
7 months ago

Whoever buys this please build two supertall towers. This is what Miami needs!

Anonymous
8 months ago

Flipping for huge profit

Anonymous
8 months ago

So it was all a stunt to show that superpowers can be built there so that they could market the lots for more?

Anonymous
8 months ago

If you owned it wouldn’t you do the same? Maybe they had intentions of building, but two super tall projects are a massive undertaking and they already have their hands full with the Orlando expansion. The company raised hundreds of millions of dollars in bond offerings from private investors. If market conditions persist, they’ll need to cough up the money from some where to paid back its investors.

Anonymous
8 months ago

I’m not saying they are wrong. I would probably do the same. I just hope someone buys them and actually build those super talls.

Gambling Fernando
7 months ago

Perfect site for a world class billion dollar destination resort casino

Anonymous
7 months ago

Fernando, you are a man after my own heart. And I don’t even gamble!

Anonymous
7 months ago

Nobody needs that bro. We already got Hard Rock.

Anonymous
7 months ago

No, “YOU” don’t want that. Stop thinking you’re speaking for everybody in the city.

Anonymous
8 months ago

Told y’all it’s a real estate scam

Anonymous
8 months ago

In what world is this a real estate scam? They own the property and now they wish to sell it. Things change and maybe they need to be on better footing for their line expansions to Orlando. If they did not intentionally deceive their customers I don’t see how you can call it a scam.

pro growth pro jobs D
7 months ago

especially if they sell them to someone who is good at building towers and continue to invest in building rail, which is ostensibly their core mission. they seem to be adding value

Anonymous
8 months ago

Not a scam but a marketing move. Hopefully someones buy them and actually build two supertalls!