Shahab Karmely’s KAR Properties has unveiled plans for twin 60-story condo towers on the former Cima lot.
Miami Today reported that the towers would include 406 residences, 30,000 square feet of commercial space and a 520 space parking garage. The developer has listed a 928-foot building height in an FAA application, and renderings show the proposed buildings to be significantly taller than the neighboring Ivy, Wind and Mint condos, which top out at just above 600 feet.
The unnamed architect is said to be ‘renowned’. Uniquely, the towers would be connected at the top. A five-story waterfall would flow off of the parking podium facing the Miami River.
The low unit count means that there will be just a few residences on each floor. Kar is also spending extra on ceiling height, soundproofing, and elevator experience. That means that condos will likely be priced at a premium.
KAR paid $27.5 million for the site in 2013. Earlier this year, Karmely said that he would break ground on the project by late 2015 or early 2016.