Royal Caribbean broke ground in 2019 on a massive new global headquarters at PortMiami, but construction appears to be on hold for now.
The office complex was being built to resemble of a ship, and the shape of the building can be seen in aerial images taken this week by Architectural Designer and Urban Planner Aaron DeMayo.
RCL was building the state of the art complex in an effort to attract world class talent to Miami. The campus was planned to house up to 4,200 employees, about double their current workforce capacity.
The complex was planned to include a soccer field, volleyball court, basketball court, fitness center, electric car chargers, solar panels, and rainwater collectors.
According to YCharts, RCL’s Market Capitalization peaked at an all time high of around $28 billion just after Christmas last year. It then dropped below $5 billion when the pandemic hit, and has now recovered to around $16 billion.
RCL was expecting to spend around $300 million on the new complex.