50 Biscayne Rising 54 stories on Biscayne Bay and in the heart of downtown Miami, 50 Biscayne is poised to redefine Miami's downtown. Set across from the 32-acre Bayfront Park, this Sieger Suarez designed tower offers spectacular water and city views from floor to ceiling glass windows and large continuous glass balconies.
Excerpts from an article BY MATTHEW HAGGMAN - MIAMI HERALD
Jorge Perez has finalized plans to construct a 54-story condo in the heart of downtown Miami. Several new condo towers are planned or are being built in Miami's central business district, but Perez's new structure will be among the biggest newly constructed buildings in the rapidly changing downtown area.
Once completed, it will be the among the tallest buildings in Miami's central business district, which includes the marquee towers, the 55-floor Wachovia Center and the 47-story Bank of America Tower. Overall, the 64-story Four Seasons Hotel & Tower, located in the Brickell area, is Miami's tallest building.
50 Biscayne Condos (Fifty Biscayne) is planned to have 523 units, with prices ranging from $200,000 to $800,000. Penthouse condos will run upwards of $1 million. Tom Daly, a partner with Related Group, said they are considering including a 78-room boutique hotel.
The development will include a fitness center and have 15,000 feet of ground retail space.
Daly said they are currently in discussion with the upscale New York-based grocer Dean & DeLuca. The Related Group plans to break ground in February. They aim to have the project done in December 2006. |