Related Group is planning to develop the Cesar Pelli-designed One Brickell complex at 444 Brickell Avenue within the next three or four years.
Carlos Rosso, a Related executive, revealed the news in an interview with Ocean Drive Magazine.
One Brickell will eventually be comprised of three towers, rising 80 stories, 70 stories and 55 stories. Representatives of the developer previously said that One Brickell would include 1,200 residential units, 200 hotel rooms, 200,000 square feet of office space, and ground floor retail. It would also connect a key portion of the Miami Riverwalk.
Related bough the complex last year for $104 million. A Capital Grille is currently operating on the property.