‘Skyline Defining’ Baccarat Tower Now 95% Pre-Sold, Cranes Approved

The 75-story Baccarat Tower under construction in Brickell has obtained a large construction loan after seeing strong pre-sales.

The FAA has also issued approval for tower cranes at the site.

The developers of the project secured a $328m construction loan, according to a press release.

More than 95% of the tower is now pre-sold, the release said.

Groundbreaking for the tower took place in October.

Jon Paul Perez, President of developer Related Group, said the new tower will be “iconic” and “skyline defining.”

The FAA approval issued last week allows for the tallest tower cranes at the site to rise 887 feet above ground and 906 feet above ground.

The permanent height of the tower is approved at 848 feet above ground.

Completion is planned for early 2028.

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Anon
22 days ago

They are really not that impressive, architecturally.

Rob
22 days ago

Its pretty simple, I personally don’t dislike it. Better than panorama. But we have a lot of tall and supertall in the pipeline. All put together will be pretty impressive for the skyline.

Anonymous
22 days ago

And much better than a museum, or commemorative site to a bunch of shark teeth, so there’s that.

Park West
22 days ago

This is why Brickell will never get museums or parks – the people there just don’t want them.

Anonymous
21 days ago

The idea that people in Brickell don’t value parks and museums is incorrect, and may just be misinformation 👎 It’s been missed that Park West investors seem to be betting against Brickell, thinking if situations worsen, people will just move north.

But fortunately, Brickell is quickly improving with new residents speaking up in great numbers. The growing movement to improve and expand parks and cultural places will ensure Brickell stays a great place to live and thrive! 🌱 🏙️🌳 🛖⛲️🏛️ 🌴

Anonymous
21 days ago

Correct. We are all for new parks! But we want the city to be smart about doing so and buying a waterfront property for millions of dollars is NOT it. And side note: nobody but a few loud voices wanted a museum for the unearthed shark teeth.

Anonymous
21 days ago

The city should buy key spots along the river to preserve access points before they’re all gone. It’s crucial because the group that said they represented everyone didn’t see how valuable the project could be. It wouldn’t cost too much but could benefit everyone…

Also, there’s still hope because the third lot is marked as historic, meant mainly for parks and cultural spaces, no matter who ends up owning or running it.

Muhammad
20 days ago

2 late, City-owned MRC can be used 4 that. It’s also on the water

Anonymous
20 days ago

I believe there should be multiple circular access points at the end of each street, featuring public art, arches, and amenities to enhance cohesion among the various waterfront designs. Alternatively, constructing an extended walkway akin to Manhattan’s island park would also be beneficil. Not sure which is more expensive….but either would add tremendous value to the city and adjacent properties.

Anonymous
22 days ago

Rather see large green space and river walk but I believe that’s going on the next lot

Anonymous
21 days ago

Nope. A third building is planned there, but there is a large green space planned just across the river!

Anon
22 days ago

Still very little to no information provided on what improvements will be made to the public riverwalk

Anonymous
22 days ago

I remember reading a few years ago they were supposed to build a temporary floating riverwalk during construction. Never heard about it again.

Anon
22 days ago

This developer has all but ignored the public realm – the difference between this proposal and the Hyatt proposal across the river (both 3-tower developments) is mind blowing.

MMN
22 days ago

That is because this is PRIVATE land and the Hyatt land is PUBLIC land structure. Developer has every right to do the bare minimum as required by regulations and not a spec more.

Anonymous
22 days ago

As if that made a difference, considering ever bait and switch that happens with public land. Don’t even get me started on the new courthouse.

Anon
22 days ago

I understand that is their RIGHT but world class developers often create value by Placemaking – in this case their is tremendous potential to create value via enhancements to the public riverwalk

Anonymous
21 days ago

Permissible doesn’t mean it’s right, and doesn’t come with reputational tarnishment

Anonymous
21 days ago

If so, the city must intensify efforts to acquire public land in Brickell via eminent domain, particularly in areas crucial for the city’s functionality, such as along the Brickell Bridge. Additionally, there’s a need to develop more parks within the evolving RTZ zones and along the river walk, to ensure these key areas are maximized for public use and enjoyment.

Anonymous
21 days ago

They should be required to build the riverwalk first – this has been ruining the walkability of the city with no alternative route along the water

Anonymous
20 days ago

It may need to be permanent elevated river work above the water, if new projects don’t help out with creating a cohesive and expansive pedestrian boulevard along the water

Anoni
22 days ago

I like its height. Not too much else.

Anonymous
22 days ago

To call this building “skyline defining” is an April Fools joke in itself.

*Name
22 days ago

Iconic. How many times has that been thrown around? From the renderings, it honestly doesn’t look like anything special but we’ll see!

Anon
22 days ago

The podium massing could have been broken up a bit.

Anonymous
21 days ago

The parking garage could be totally scrapped

Name*
22 days ago

900 foot cranes building an 850′ building, so the approved 1,200 ft cranes elsewhere could build an 1,100 to 1,150 foot building.

Anonymous
21 days ago

This project is a disgrace 🤮 We need new officials and developers here who’ll respect our city’s legacy. A parking garage at Brickell’s inlet? Terrible idea. It should be a green space with an archway to the river walk.

Anonymous
22 days ago

They couldn’t shove more balconies into the tower because they couldn’t

Anonymous
22 days ago

But who would buy a condo without a balcony though?

s.k
22 days ago

I have lived in Brickell for over 10 years, nearly no one is in their balcony, except when they have visitors and take pictures. Most balconies have dead plants, old furniture, and some are used as storage.

Anonymous
21 days ago

I have been here longer and I couldn’t disagree more. I use my balcony daily and see many of my neighbors doing the same thing.

Anon.
22 days ago

Any updates on the other, yet to be demolished office building?

Anonymous
22 days ago

That’s where the third tower will rise, but it’s gonna take a few more years for that development.

Anonymous
21 days ago

If it’s in fact uninhabitable, the city should be able to acquire it at a fair and affordable price point.

anon
20 days ago

aren’t there supposed to be 3 towers? the renderings only show 1 tower with a low-rise podium, coming all the way out to Brickell Ave/Bridge (in the second pic at least). do they sell the first tower, and then surprise the buyers with an enormous tower blocking their view?

Anonymous
20 days ago

This would be a great spot for an Opera House or theater

Anonymous
22 days ago

Another “iconic” and “skyline defining” beaut by Arquitectonica!

Brickell YIMBY
22 days ago

We love to see it!

Muhammad
20 days ago

I love the Related Group is showing its develop properties in the pics.

Great Developers and still the Condo Kings of Miami-Dade County.

Related-Urban is redeveloping Liberty Square. More than 1,800 units, there goes my Neighborhood. LOL

George D
22 days ago

Magnificent building!! Keep winning Miami!!