Capital at Brickell sign Sept 2017 post Irma 01

CCCC Miami Towers is the preliminary name for a mixed-use project being planned in the

Brickell Brickell ( ) is a neighborhood in Miami, Florida located directly east of Interstate 95, south of the historic CBD, and north of Coconut Grove. Brickell is known as the financial district in Miami, as well as South Florida. Brickell was founded ...

neighborhood of

Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

. The site is bounded by South

Miami Avenue Miami Avenue is a main north–south street running through Coconut Grove, Brickell, Downtown, and Midtown in Miami, Florida. It is the meridian road dividing the street grid of Miami and Miami-Dade County into east and west avenues. Route ...

to the east, SW 14th Terrace to the south, SW 1st Avenue to the west, and SW 14th Street to the north. The site broke ground in 2006 and was excavated for a previous project that stalled known as Capital at Brickell. It was revived in 2014 by China City Construction Corp, an affiliate of

China Communications Construction Company China Communications Construction Company, Ltd. (CCCC) is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including ...

History

Capital at Brickell

Capital at Brickell was a proposed complex of two

skyscrapers A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ris ...

. The project was cancelled due to financial reasons caused by the

Great Recession The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At ...

. The complex was to consist of two towers made up of residential, office, a hotel and retail, "Capital at Brickell Tower I" and "Capital at Brickell Tower II." Tower II will be the taller one, rising to a height of . Tower I was to be tall, and will be located to the south of Tower II. Tower I was to be 53 floors and Tower II was to be 57 floors. Although not the tallest buildings proposed during the first Miami "

Manhattanization ''Manhattanization'' is a neologism coined to describe the construction of many tall or densely situated buildings, which transforms the appearance and character of a city to what is similar to Manhattan, the most densely populated borough of New ...

wave" from 2006-2008, the towers were planned to be some of the more striking architecturally, and would have surpassed the

Four Seasons Hotel Miami The Four Seasons Hotel and Tower, also known as the Four Seasons Hotel Miami, is a 70-story, skyscraper in Miami, Florida. Located in Greater Downtown Miami, downtown Miami's Brickell, Brickell Financial District, it is the List of tallest build ...

as the city's tallest building, but not the

Panorama Tower Panorama Tower is a mixed-use 85-story skyscraper in Miami, Florida, United States. Located in the Brickell district of Downtown Miami, it is the tallest building in Miami, and the tallest building in Florida. Construction on Panorama Tower w ...

completed in 2017. Both towers were designed to be reminiscent of the

Chrysler Building The Chrysler Building is an Art Deco skyscraper on the East Side of Manhattan in New York City, at the intersection of 42nd Street and Lexington Avenue in Midtown Manhattan. At , it is the tallest brick building in the world with a steel fra ...

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. The tops of the buildings were especially similar, with a "crown" at the top of each building and a similar spire. The towers were part of the recent push to build more skyscrapers in the western side of the

neighborhood, which does not border

Biscayne Bay Biscayne Bay () is a lagoon with characteristics of an estuary located on the Atlantic coast of South Florida. The northern end of the lagoon is surrounded by the densely developed heart of the Miami metropolitan area while the southern end is la ...

as does most of Downtown. The architect of the complex was Fullerton-Diaz Architects, Inc. The developer was Cabi Developers, led by VP of Development Miroslav "Misha" Mladenovic. In July 2011, two developers began competing for the lot.

CCCC Miami

In December 2014, the site was sold to Chinese developers for US$74.74 million, who plan a redesign. In 2015 it was revealed that they were aiming to build the tallest building in Miami and that it could be largely office space, though it would be mixed-use. They are seeking

EB-5 The United States EB-5 visa, ''employment-based fifth preference category'' or ''EB-5 Immigrant Investor Visa Program'', created in 1990 by the Immigration Act of 1990, provides a method for eligible immigrant investors to become lawful permanen ...

funding, similar to

, to cover part of the expected $875 million cost.

Mast Capital

In the 2020 is the project was revived by

Mast Capital Mast, MAST or MASt may refer to: Engineering * Mast (sailing), a vertical spar on a sailing ship * Flagmast, a pole for flying a flag * Guyed mast, a structure supported by guy-wires * Mooring mast, a structure for docking an airship * Radio mast ...

as a three tower development with the tallest,

Cipriani Cipriani S.A. is an Italian hotel and leisure company domiciled in Luxembourg that owns and operates luxury restaurants and clubs around the world including Harry's Bar in Venice and formerly the Rainbow Room in New York City. It specialises i ...

, being about 900 ft.

References

External links