Miami commissioners voted on Thursday to move forward with a referendum that would allow three towers to be build on the downtown Miami Hyatt Regency property, according to the Herald.
If voters approve in the November election, Hyatt and development partner Gencom will demolish the Hyatt Regency and replace it with a megaproject.
The commission vote was 4-1. Commissioner Joe Carollo was the only one of five members who voted against allowing the voter referendum, claiming he was concerned about traffic.
The project is planned to include three towers: a 95-story, 1,049-foot supertall, and two 61-stoy towers.
The combined project will have:
- 1,796 residential units (of which 264 will be serviced apartments)
- 615 hotel keys
- 188,000 square feet of gross event space (90,000 square feet net)
- 1,096 parking spaces
The developers told The Next Miami in May that if the referendum passes, construction is expected to begin in 2025.