Developers plans to build 50-story residential building in Miami Beach

miami tall tower

Developers are planning to build the Miami Beach’s tallest building on the city’s front doorstep, Miami Herald reports.

The residential tower, designed by international architecture firm Perkins + Will, would rise 50 stories at the foot of the flyover.

A six-story waterfall and three-acre public park would take the place of a dilapidated hospital and parking garage that now greet the millions of visitors streaming into South Beach from the MacArthur.

With only four units per floor, the condos would go for $2 million, with penthouses running in the $10 million range, according to Matthew J. Allen, executive vice president of the Related Cos., which would develop the project in cooperation with Crescent Heights.

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