Yet another supertall tower is in the works in Miami.
Tibor Hollo filed plans yesterday with the FAA to build a 1,044-foot tower on the former Villa Magna site at 1201 Brickell Bay Drive. The tower (or towers) would reach 1,049 feet above sea level.
Hollo’s revised proposal aims to take advantage of a recently increased height limit in the area of 1,049 feet above sea level. The increased limits have resulted in the approval of One Brickell City Centre and 300 Biscayne, while others are pending. In October, the FAA had approved Hollo’s older plan for a twin-tower project for the Villa Magna site, each reaching 995 feet above ground level, or 1,000 feet above sea level.
Across the street, Hollo’s 83-story Panorama Tower is already under construction and set to become Miami’s tallest next year. 1201 Brickell Bay drive could be over 200 feet taller than Panorama if approved.
Former L.A. Dodgers owner Frank McCourt and New York’s Corigin Real Estate Group are partners with Hollo on the 1201 Brickell Bay project.
rendering of much shorter villa magna once proposed for the site: