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chris08876 Mar 24, 2015 10:03 PM

MIAMI | 255 East Flagler Street | 1,001 + 837 FT | FLOORS


The second proposal calls for a twin-tower project to replace a shopping center at 255 E Flagler Street. An east tower would top out at a height of 837-feet, while a west tower will rise to a height of 1,001-feet.
The twin-tower project would replace a retail center that is anchored by Marshalls. It sits on about 110,000-square-feet of land, across the street from 50 Biscayne and the Suntrust Tower.
What it will replace:

Zapatan Mar 25, 2015 11:53 PM

Nice, although I take it this is a back up proposal to a single 830 foot tower

chris08876 Apr 15, 2015 4:14 AM

Flagler Street redevelopment site in downtown Miami goes up for sale


A 2.52-acre lot in downtown Miami was just listed for sale, and it’s being marketed as a prime redevelopment opportunity.

The property, at 251 East Flagler Street, houses a two-story building with 164,000 square feet of retail space.

John Crotty of brokerage firm Avison Young, which is marketing the property, told The Real Deal that potential buyers have a few options: they can redevelop the property, or come in and collect rent from the current building’s tenants.

It’s zoned T6-80, which is the city of Miami’s highest density mixed-use code. The land can be built up to 80 stories tall with 2.4 million square feet.
“It’s basically a blank slate for somebody to come in to build,” Crotty told TRD. “The beauty of this property is that you’ll have cash flow while you reposition for redevelopment.”

The owners are also open to a joint venture, Crotty said, where they would partner with an investor to redevelop the lot.

chris08876 Feb 2, 2016 12:52 AM

FAA Approves Sky Plaza Supertall Tower :cheers:



Another Supertall tower has been approved by the FAA in downtown Miami.

The agency ruled today that plans for Sky Plaza, a twin-tower project at 251 E Flagler Street, would be permitted to be built.

Plans call for one tower to reach 1,001 feet above ground, or 1,010 feet above sea level. A second tower would rise 837 feet above ground, or 846 feet above sea level.

The owners of the site had submitted plans for the towers as part of an effort to sell the property. Several aging shopping malls would be replaced.
Credit: NXT

chris08876 Mar 28, 2018 1:53 PM

Downtown Property Where 1,001-Foot Supertall Tower Permitted Listed For $125M


Up for sale: a downtown Miami property where a supertall tower can be built.

Brokers have listed 251 E. Flagler Street for sale, with an asking price of $125 million.

In 2016, the FAA approved a supertall tower for the property at 1,001 feet above ground, or 1,010 feet above sea level. A second tower was also approved at 837 feet above ground, or 846 feet above sea level.

Up to 4 million square feet and 2,500 units can be built.

The property was listed with another broker in 2015, but didn’t sell.

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