Florida East Coast Realty Ltd. (FECR) has secured FAA approval for the height of two towers that would be among the tallest buildings in downtown Miami, The South Florida Business Journal has reported.
On Oct. 9, FAA determined that neither the 1,005-ft. One Bayfront Plaza nor the 995-ft. 1201 Brickell would pose a hazard to air navigation. That ruling is good news for other developers that want to build towers of about 1,000 feet in downtown Miami.
One Bayfront Plaza would be a $1.4 billion project with 768,000 sq. ft. of office space on the west side of Biscayne Blvd. between Southeast 1st and Southeast 2nd streets. It would also have 643 hotel rooms, 612 residences, 110,000 ft. of convention space, and 97,000 sq. ft. of retail.
FECR also plans to build 787 residences at 1201 Brickell along Biscayne Bay.
One Bayfront Plaza would be even taller, although Swire Properties has a 1,049-ft. tower planned as a future phase of Brickell City Centre.