At 85 stories and 830 feet tall, Florida East Coast Realty’s Panorama Tower will add new heights to Miami’s skyline when the skyscraper tops out.
Even at its current height of 735 feet, Panorama towers above most other buildings in Miami. The developer released new photos of the view from the 76th floor, which shows buildings like the Mandarin Oriental hotel on Brickell Key below the clouds, and other Miami towers peaking through.
FECR, led by Tibor Hollo, is building the mixed-use high-rise at 1101 Brickell Avenue. Kobi Karp designed the building, which will have a 19-story pedestal with more than 100,000 square feet of medical office space and a teaching facility, a 2,000-car garage, a 208-room hotel, more than 50,000 square feet of retail and restaurant space on the first and second floors, an amenity deck, and 821 luxury apartments above the pedestal. Latin American restaurants and clubs will be on the 48th floor, according to a project fact sheet.
The developer took out a $340 million construction loan from Wells Fargo in March 2015, the second biggest loan to close that year in South Florida. It’s slated to be completed in October.
When it’s completed, it will be the tallest building in Miami. But that might not be for long. FECR also plans to develop 1201 Brickell Bay Drive and One Bayfront Plaza, both at 1,049 feet tall.
The Four Seasons Miami, a 789-foot, 64-story building in Brickell, is currently the tallest in Florida. – Katherine Kallergis