FAA Approves Ytech’s 1,049-Foot Supertall Skyscraper Proposed For 1428 Brickell Avenue

The Federal Aviation Administration has approved a 1,049-foot supertall skyscraper proposed for 1428 Brickell Avenue in Brickell, Miami. Approved as of January 14, 2022, the developer behind the application is Miami-based real estate developer Ytech who was represented by Benjamin Doyle of Capitol Airspace Group. The property is elevated 9-feet above sea level, which would give rise to a 1,040-foot-tall structure, for a maximum cumulative height of 1,049-feet. The interior lot occupies approximately 20% of the city block, spanning 49,983 square feet with frontage along Brickell Avenue. The city block is bound by Southwest 14th Street on the north, Southeast 15th Street on the south and South Miami Avenue on the west.

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Mast Capital To Break Ground On 2nd Phase Of Waterline Miami River In East Little Havana, Miami

Miami-based real estate developer Mast Capital, led by founder and CEO Camilo Miguel Jr., has partnered with Boston-based global real estate investment firm AEW Capital Management to launch Phase 2 of Waterline Miami River, an 6.31-acre residential development designed by Coral Gables-based Corwil Architects and located at 1001 Northwest 7th Street in East Little Havana, Miami.  The second phase will rise 8-stories and bring the full development to a combined 688 apartment units, adding in 342 rental units on the remaining 2.7-acre development site with over 400 feet of unobstructed water frontage along the Miami River. The joint venture has secured financing from Wells Fargo for the project’s construction set to begin in January 2022.

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