Tibor Hollo Spent $13 Million On Foundation For 82-Story Panorama Tower

How much does it cost to build a foundation for Miami’s tallest tower?

At Tibor Hollo’s 82-story Panorama Tower, records show that contractor HJ Foundation’s work was valued at $13.07 million. That includes the cost of pilings, and related material, services and labor.

The information was released as part of a lien filed by the contractor, which claims about $1.59 million remains unpaid. Liens such as that are almost routine on a project of this size.

Construction at the project remains on track, with crews recently working on the tenth floor.