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Tallest Miami Tower Due In 2016

All plans are go to raise the bar for Miami’s skyline, veteran Miami developer Tibor Hollo says about his Panorama Tower project on Brickell Avenue.

In the latter years of his long and storied career, Mr. Hollo is dreaming bigger than ever for Miami: Panorama at 1101 Brickell Ave. is planned to be 830 feet tall — which would make it the tallest building in Miami and in Florida.

The 85-floor structure will have 941 rental apartments, 300,000 square feet of office space and 100,000 square feet of ground-level retail, Mr. Hollo said Tuesday in an interview with Miami Today. Overall, he added, the project will encompass about 3 million square feet of floor space.

Mr. Hollo, Panorama’s developer and owner, said his high-rise dream is well on its way to becoming a reality, as some preliminary construction has been completed to set the stage for vertical construction of the tower.

He said the project is scheduled for completion 33 months from now, which would put the opening in January 2016. He said he plans to start marketing the tower to tenants in about 15 months, or in summer 2014.

He said construction of a three-story utility building on the site is complete, and Florida Power & Light Co. is preparing to occupy the building. The building is to be used to provide power for the site. Utilities are being diverted to the site and a street crossing soon will be created, Mr. Hollo added.

Construction at the site, between Brickell Avenue and Brickell Bay Drive, started last year. Eventually, a parking garage there is to be demolished to make room for Panorama.

Mr. Hollo said this is a landmark project for him and the city.

"I’m about thrilled about it and what it does for the city," he said. "It’s an iconic project. It’s global landmark that will catapult the city to a different level."

That level will be about 41 feet above the Four Seasons Hotel & Tower, also on Brickell Avenue, which has Miami’s and Florida’s tallest building for the past 10 years.

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http://www.miamitodaynews.com/news/130418/story5.shtml