In Downtown Miami, a courthouse building that will rise the equivalent of a nearly 50-story tower is now under vertical construction.
The new Miami-Dade County civil courthouse will actually only have 25 stories, but will reach 474 feet above ground and 482 feet above sea level thanks to high ceiling heights.
It will replace the 1928 courthouse across the street, which could be offered to private companies for redevelopment.
According to a 2019 bid document, the new courthouse tower had a net present value of $341 million.
Plenary Group of Australia is the developer. The county will make payments over several decades to the developer in exchange for building, financing, and operating the building.