Downtown Miami will soon have another tower under construction.
Legacy Miami Worldcenter announced that they will break ground in early 2021 after the developer completed the purchase of the project site last week.
Permitting is already underway.
The 50-story Legacy will feature “iconic” architecture, according to Miami Worldcenter managing principal Nitin Motwani.
A dramatic Singapore-inspired cantilevered pool and seven-story rooftop atrium will highlight the top of the structure.
Royal Palm Companies is developing the project. The company paid $33.9 million to Worldcenter for the 66,656 square feet property at 942 Northeast First Avenue.
Royal Palm previously developed the Paramount tower across the street.
“We are looking forward to breaking ground in early 2021 on what we expect will be one of the iconic centerpieces of Miami Worldcenter,” said Dan Kodsi, CEO of RPC.
Legacy will include 274 branded residences atop a 256-room hotel. There will also be a 100,000 square foot medical and wellness center, a world-class restaurant, and downtown’s largest hotel pool deck set on one acre.