Florida East Coast Realty

Florida East Coast Realty Seeks Demolition Permit for 19-Story Building, Paving Path for One Bayfront Plaza Supertall

A total demolition permit application has been filed for the future One Bayfront Plaza site, a proposed 92-story supertall skyscraper designed by Kohn Pedersen Fox with ODP Architecture & Design as the architect of record at 100 South Biscayne Boulevard in Downtown Miami. The filing, dated November 15, outlines plans for the demolition of 535,000 square feet at an estimated cost of $2.4 million. B2 Group is the contractor associated with the demolition, while Jerome Hollo from Florida East Coast Realty is the listed contact.

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Citadel Revealed As Buyer Of 2.5-Acre Development Site At 1201 Brickell Bay Drive In Miami

The buyer behind the last remaining prime water front development site in Brickell, 1201 Brickell Bay Drive, has been revealed to be Citadel, a multinational hedge fund and asset management company led by CEO Ken Griffin. The 2.5-acre site sold for a record-breaking $363 million back in April 2022, but the buyer’s identity was hidden behind a Chicago-based limited liability company. Miami-Dade County property records now show the site was sold by TWJ 1201 LLC, an entity linked to Tibor Hollo’s Florida East Coast Realty (FECR), to 1201 Brickell Bay LLC. Hollo paid $15,500,000 for the site nearly 22 years ago, yielding an approximate 2300% profit.

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Florida East Coast Realty To Renovate Their Office Towers At 1101 Brickell Avenue To Meet Growing Demand

Florida East Coast Realty (FECR) is planning to invest $12 million in renovations to its office towers at 1101 Brickell Avenue in Miami’s Financial District, including a new grand lobby, flagship restaurant, extensive fiber optic connectivity, and 24-hour security. Located immediately West of Miami’s currently tallest skyscraper – the 85-story Panorama Tower also owned and built by FECR – the office towers are bound by Brickell Avenue on the West, Southeast 11th Street on the South and Southeast 10th Street on the northern end of the city block.

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ODP Architecture & Design Releases Updated Renderings Of Planned Supertall At One Bayfront Plaza

ODP Architecture & Design has released new renderings of One Bayfront Plaza, a planned mixed-use supertall skyscraper projected to rise well over 1,000-feet at 100 South Biscayne Boulevard in Downtown Miami. The renderings were first spotted on the architects official website, listed as an ‘on-going’ 2,015,457-square-foot building of mixed-uses, meaning the design may not final just yet. Nonetheless, the new design is a major update from the previous iteration from Kohn Pedersen Fox approved in 2017. The 2.26-acre property is owned by Northwestern Capital Corporation, an affiliate of Florida East Coast Realty led by Tibor Hollo, who developed Miami’s current tallest building – the 868-foot-tall Panorama Tower. The new building will rise from the site of an existing 19-story, 530,000-square-foot office tower, built in 1958. The developer plans to demolish the structure, but demolition permits have yet to be filed for the site.

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Panorama Tower. Designed by Kobi Karp.

Florida’s Current Tallest Skyscraper: The 85-Story Panorama Tower In Brickell, Miami

Back in 2018, the city of Miami had reached a new milestone in skyscraper construction with the completion of the Panorama Tower, an 85-story mixed-use building standing 868-feet over Brickell. Designed by Kobi Karp with Moshe Cosicher of the AIA as the architect of record, and developed Florida East Coast Realty led by Tibor Hollo,  the structure currently holds the title for tallest in the state of Florida and also the tallest residential building south of New York City, surpassing the Four Seasons Hotel Miami which held the title from 2003 to 2017.

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