Photos: Site Work Is Underway At 1000-Foot SkyRise Miami

Yes, there has been activity at the SkyRise Miami site for the past few weeks, although much of the property is still being used as a parking lot.

In August, voters approved a deal with the Jeff Berkowitz and the owner of Bayside Marketplace that would allow the 1000-foot tower to be built.

Berkowitz recently created a political storm after he tried to obtain $9 million in county financing for the project.  It isn’t clear why Berkowitz is willing to stir up so much controversy over what amounts to 2 percent of what he says is a $430 million development cost.

Coastal Construction is the project contractor.

 

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Dave
6 years ago

“It isn’t clear why Berkowitz is willing to stir up so much controversy over what amounts to 2 percent of what he says is a $430 million development cost.”… BECAUSE HE’S YOUR TYPICAL GREEDY MILLIONAIRE/BILLIONAIRE.

CEC
6 years ago

Mr. Berkowitz is far from being a “greedy millionaire/billionaire”. I am sure he has enough money to support his physical needs for the rest of his life. What he is, is a “dreamer”; one of the people in the world who make the world more beautiful and exciting. The City of Miami, Miami-Dade County, the State of Florida and the United States will make far more money from his project than he ever will. The City of Miami is very short sighted in not providing some money for the infrastructure for the tower.

Poor Man
6 years ago

Do you know what I would do for $9M?

Obviously
6 years ago

“The City of Miami is very short sighted in not providing some money for the infrastructure for the tower.”

No, the people in Miami who voted for this ugly POS are blind and the governing body who won’t give taxpayers money to this billionaire have 20/20 vision.

Anonymous
6 years ago

Everyone who is interested in Skyrise for or against should go to Al Crespo’s website Crespogram.com and read his last blog of how and why Skyrise originated . According to Al the design is a ripoff of a presentation made to the city of Miami for a 1000 foot tall power generation tower made of solar panels and wind turbines with the goal of generating power to sell to the public. In my opinion after reading this story it may be possible his Skyrise is a 1000 foot scheme or scam.

marc
6 years ago

Read it a few days ago, interestingread. It would have made this easier to take for me.

Anonymous
6 years ago

Regarding my above post – at Crespogram.com go to “Archives – November 10th post titled – ” Before it Was Skyrise “.

William
6 years ago

I think it was shortsighted to request public funds after using that political leverage for approval. TNM’s comment on why he would risk so much negative attention is true. It doesn’t make sense. Perhaps there is more to this story, most likely political.

The city of miami should have been dissolved in the 90’s when they had the chance.. to start fresh…

akmia
6 years ago

The truth is: The 9 million is not 2% of the overall cost. Probably more like 20%. It is not unlikely that he could build this for appx. $170/sqft and last time I checked the Skyrise is not going to be anywhere near 2.5 million soft. Typical developer, overstatements and exaggerations!

I love how a $430 million dollar project starts with a fence, one pickup, and an excavator.