Miami real estate news The Jills Blog

New 50-story Residential Tower Proposed for Miami Beach Put On Hold

Tuesday, April 22, 2014
Tags:   Miami Beach Luxury Real Estate, Miami Condos

Developers Crescent Heights and The Related Group were planning to build what is proposed to be Miami Beach's tallest building. Located beside the Alton Road Flyover at the end of the MacArthur Causeway, the project will have been situated on the city's front doorstep.

Originally, Crescent Heights managing princpal Russell Galbut had previously won city approval for an about 450-unit residential and commercial project along Alton Road. Its tallest point reached about 10 stories and the development stretched from the 500 to the 700 block. Then, the goal was a 50-story residential tower, designed by international architecture firm Perkins + Will, with a six-story waterfall and three-acre public park, taking the place of a dilapidated hospital and parking garage.

The new proposal would consolidate all the development rights into the southwest corner of the property, said Crescent Heights managing principal Russell Galbut. However, the project is now on hold due to the city’s desire to create a master plan for Alton Road.

“Due to the possibility of Alton Road being master planned in the near future, we have decided to follow this process before we make a final decision on whether to develop the site in accordance with our existing entitlements, pursuing the presently advertised project, coming back with a modified version, or perhaps building nothing at all in this time,” Galbut said in an e-mail to a South Beach homeowner group.

For those of us who were anticipating the innovative public park feature, we will have to wait on bated breath. This sloping park would span five acres, including three acres accessible to the public. Designed by Miami Beach design firm Urban Robot Associates, it would feature a 40-foot-deep reservoir that would flow in streams down to a shallow lake. The water features would help alleviate flooding by collecting “millions and millions” of gallons of stormwater, said Justine Velez, a principal of Urban Robot. The water would be naturally filtered by plants and discharged into the bay, if needed, Velez said.

For more information on Miami Condos, contact Miami Beach Luxury Real Estate experts, the Jills, today.

Security Code:
Confirm Security Code:
  • English
  • Español
  • Portugues
  • Russian
  • Francais
  • Italian
  • Deutsch
  • Chinese

The village of Bal Harbour in Miami-Dade County doesn’t boast the size...

Several of Miami Beach’s roadways have gained as much as acclaim and fame...

Near the upscale village of Bal Harbour and the town of Surfside lies another...