SkyRise Miami, a 1,000-foot-tall entertainment and observation tower will begin construction later this year. When completed, it may be the tallest structure in Florida. The reason this designation is in question is that there are other big projects currently underway in South Florida. They could make SkyRise Miami come up a bit short in the “tallest building” category.
Plaza Construction has been chosen by developer Berkowitz Development Group to build the massive complex. The tower will overlook Biscayne Bay and include five observation decks. Tourists can look out on the beautiful Miami skyline and the Pacific Ocean.
The Skyrise Miami project is slated to cost about $540 million to complete. It will include other amenities designed to pull in the tourist trade. These include a transparent skywalk at 908 feet and a transparent deck at 866 feet. There will also be a 55-mph base jumping experience for those who like to live dangerously.
Of course, the project will include abundant restaurant and bar space, along with venues for live entertainment. A 14,000-square-foot space designated for conference centers and ballrooms is also being included.
Safety First in Amusement Parks
Various engineering and mechanical experts will be brought in to ensure safety. Developers want these exciting rides to be fully secure so that guests can enjoy their experience without worry. These include the mechanical and electrical engineering company, Cosentini Associates. The civil engineering firm of Magnusson Klemencic Associates will work on the project as well.
Construction on the project will begin in mid-2019 and wrap up in 2023.
Experts are reporting that the market for new amusement, entertainment and hotel construction should remain healthy through the next few years. This has initiated some movement from developers who are taking advantage of the lively market for projects like this. Legoland New York is just being completed and opened in spite of various setbacks due to excessive rain falls in the area.
New Amusement & Entertainment Venues
In Dallas, a developer is working on a 500-foot observation wheel called the Texas Odyssey, which will be located near the downtown area. The project has moved along slowly due to problems with rezoning but recently the Dallas city council gave its approval so that construction could move forward.
A similar project, the New York Wheel on Staten Island became stalled when the project’s developers were stymied by the general contractor’s bankruptcy case. The case had to be decided by the courts in NYC because the contractor had $70 million in assets for the Wheel’s construction. Once courts decided to give those assets to the developers, the project was scheduled to resume. However, developers have run into problems with their financing so this project is still up in the air.