“Exploring a Miami Developer’s Plans for an 81-Story Apartment/Hotel Complex”

"Exploring a Miami Developer's Plans for an 81-Story Apartment/Hotel Complex"

A proposed development in Miami by developer Walter Defortuna aims to construct an 81-story building that would house both apartments and a hotel. Located on Brickell Avenue, the tower would become the tallest structure in Miami upon completion.

Currently, the property includes a restaurant building spanning 7,065 square feet and a retail building covering 10,972 square feet. However, Defortuna plans to redevelop this space into a massive tower spanning over 1.83 million square feet.

The new tower is expected to feature various amenities such as multifamily units with an average size of 1,113 square feet each; office space totaling at least117,310 square feet; hotel rooms covering approximately43 ,700squarefeet ;retailspacespanning6 ,038squarefeet ;and parking for up to1 ,226vehicles . The residential units will range from cozy studios measuring533squarefeetto spacious three-bedroom layouts reaching up to1907squarefeet .

On top of these features,the12thfloorwill also includea pool,gym/spa,andbaras well asahotel lobbyfortheconvenienceofresidentsandguests.Theheightofthistowerwouldreachan impressive1010 feettoweringoverMiami’scurrenttallestbuilding,the868-footPanoramaTower.

In summary,a proposed project by Walter Defortuna seeks toredeveloptwoexistingbuildingsintoan81-storytowerthatcombinesapartmentsanda hotel.ItisexpectedtoofferluxuriousamenitiesandsurpassMiami’scurrenttallestbuildinginheight,redefiningtheskylineofthisvibrantcity.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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