Commercial real estate firm Holliday Fenoglio Fowler (HFF) announced that it had been hired to market the site at 300 Biscayne Boulevard in Miami, also known as the Empire World Towers site. A decision by the Florida Supreme Court made last summer allowed for the sale process to begin. The development originally fizzled when the developers went to prison for tax evasion, but another developer could now dust off the plans, tweak them and reuse them, according to a Miami Herald report. HFF was hired on behalf of the seller, a trust established for the benefit of CDR Creances S.A.S.
Designed by Kobi Karp Architecture and Interior Design and originally under development with Maclee Development, plans for the Empire World Towers project for a mixed-use complex included two Miami modern architecture inspired 93-story towers, surpassing the Four Seasons Hotel and Tower as the tallest buildings in Miami. With a height of 1,010 ft (366m) Empire World Towers would be one of the top 30 tallest structures in the world. When complete, the towers would offer 1,557 luxury residential units, commercial offices, retail shops and parking garage.
"Once built, the site will feature sweeping direct views of Downtown Miami and Brickell, Key Biscayne, Fisher Island, Miami Beach and the Atlantic Ocean," HFF managing director Jaret Turkell told GlobeSt.com. "The views are preserved to the east by the low rise Bayside Marketplace and to the north by land owned by Miami-Dade College. The project's height will allow the higher floors unparalleled 360 degree views of the entire city."
For more news and information visit Blumberg Capital Partners.
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