An application has been filed with the Federal Aviation Administration for a 1,049-foot Brickell Avenue tower.
The tower is proposed at 1428 Brickell Avenue.
According to the developer’s website, a luxury residential project with hotel-like services is planned.
According to the July 30 filing, the new tower is proposed to rise 1,040 feet above ground, or 1,049 feet above sea level.
The 1,049-foot height is the maximum permitted in downtown Miami due to aviation restrictions. Runways at MIA are angled so that Brickell and the CBD are directly in the flight path of the airport.
1428 Brickell Avenue is owned by Ytech, which acquired the 49,983 square foot site in 2017 for a total of around $50 million.
A 100,762 square foot office building that was built in 1971 is currently on the site. The land has development rights for up to 825,000 square feet.
Ytech also owns a separate property nearby where up to 80 stories can be built.
Other Miami projects planned to reach the 1,049-foot height include PMG’s 100-story Waldorf Astoria Hotel & Residences.
Update: A Ytech spokesperson said that further details of the project will be released once they begin sales and marketing.
(photo: Phillip Pessar)