The South Florida building boom may be reaching new
heights, with a developer proposing what could be the
world's tallest condominium in downtown Miami.
Leon Cohen is preparing to submit plans with the city
of Miami to build a condo tower and apartment-hotel
tower that would each rise 1,200 feet along Biscayne
Boulevard.
If built, both 110-story skyscrapers would be the
tallest in Florida, and the condo tower would rank as
the tallest residential high-rise in the world, Cohen
said.
The 21st Century Tower in Dubai, 883 feet tall, is
currently the world's tallest residential building,
according to Germany-based Emporis, which tracks
high-rise construction. Florida's tallest high-rise is
the 789-foot Four Seasons Hotel & Tower on Brickell
Avenue in Miami.
But Cohen, who grew up in Paris and moved to Miami
Beach in 2000, faces severe hurdles in getting approvals
to build so high. The Federal Aviation Administration
has limited the height of new buildings along Biscayne
Boulevard so as not to interfere with planes flying into
Miami International Airport.
Called Empire World Towers, Cohen's development would
rise on an L-shaped, roughly two-acre parcel at 330
Biscayne Blvd. The two towers, projected to include
1,000 condo units and 500 apartment-hotel units, would
wrap around the Holiday Inn hotel at the corner of
Biscayne Boulevard and Northeast Fourth Street.
MIAMI = NEW YORK
''Miami is what New York was in 1945,'' Cohen said
Wednesday, who shrugged off any concerns about too many
new condos being built in downtown Miami. ``Biscayne
Boulevard will become Fifth Avenue.''
On Monday, the developer formally purchased the
property from Allen Greenwald for $31.7 million, he
said. Demonstrating how Miami's prices have raced upward
amid the region's ongoing condo boom, Greenwald
purchased the site in April 2004 for $16.5 million.
Edie Laquer of Laquer Corporate Realty in Miami, who
called the project ''innovative,'' brokered the sale.
AIR NAVIGATION
FAA public affairs manager Kathleen Bergen, who works
out of the agency's Southeast region office in Atlanta,
said the heights of all buildings are considered on a
case-by-case basis. FAA staffers perform a computer
analysis studying the longitude and latitude of a
structure to determine if a building is a hazard to air
navigation. It is not uncommon, she said, to negotiate
with developers over height, markings and lighting.
''Miami is a very busy place for us for airspace
studies,'' Bergen said. ``That is much taller than what
has been proposed. But we would take a look at any
proposal that came in.''
Developer Pedro Martin, who plans to build high-rise
condo towers nearby at 600 and 900 Biscayne Blvd., said
his building heights were limited to 649 feet.
''Would they go to 1,200? I have no idea,'' Martin
said, who added that projects like Cohen's, which are
located closer to downtown Miami, may be allowed to rise
higher.
Cohen insists he can win approvals for the two
towering structures -- and expressed total confidence he
can build at least 900 feet high.
''I would not be talking about this if I didn't think
we could do it,'' he said.
Cohen, whose company is Maclee Development, said this
would be his biggest project. He completed a partially
built, 52-story hotel in New York, the Flatotel
Building. He's now constructing a six-story condo hotel,
the Empire Ocean Residence, at the site of the former
Charles Hotel at 1475 Collins Ave. in South Beach.
The developer hired Alexandria, Va.-based Aviation
Management Associates to conduct a study on the project.
In the report, Aviation Management concluded Empire
World Towers would create some problems for aviation but
that those issues could be solved.
BUILDING CHALLENGES
Meanwhile, the building creates significant
engineering challenges. Cohen, for instance, said the
building will be the tallest concrete structure in the
world. ``This is due to the hurricane weather in South
Florida.''
Still, some are skeptical.
''Why so high?'' said real estate analyst Michael
Cannon, who also questioned if condo buyers would want
to live so high. ``I hope they do a good wind test
because you have some major atmospheric pressure on a
building that high.''