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Miami's SkyRise granted taxpayer subsidies ahead of development

The City of Miami has approved US$9m (€7.8m, £6m) in tax subsidies for the upcoming US$430m (€371m, £283m) SkyRise tower – an entertainment complex topped by a 1,000ft (304m) observation tower.

Located next to the American Airline Arena and Miami’s Bayside Marketplace, the tower itself is expected to be the second-tallest observation tower in the US, after Las Vegas’ 1,148ft (350m) Stratosphere Tower.

Also set to be included is a ‘flying’ theatre simulator, an 800ft (244m) Sky Drop ride and Sky Plunge – a 600ft (182m) bungee jump. In addition, the tower will house multiple observation decks, a fine dining restaurant, 500-seat ballroom, meeting rooms and several nightclubs and lounges.

Arquitectonica is working on the design of the tower, while Miami-based Coastal Construction and Tishman – an offshoot of AECOM – will work on construction and engineering. With the proposal approved in December 2014, the development is expected to be complete by around 2018.

The City of Miami has approved US$9m (€7.8m, £6m) in tax subsidies for the upcoming US$430m (€371m, £283m) SkyRise tower – an entertainment complex topped by a 1,000ft (304m) observation tower. Located next to the American Airline Arena and Miami’s Bayside Marketplace, the tower itself is expected to be the second-tallest observation tower in the US, after Las Vegas’ 1,148ft (350m) Stratosphere Tower. Also set to be included is a
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SkyRise is going to be around 1,000ft high
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Company profile: Willmott Dixon
Willmott Dixon delivers the social infrastructure that people depend on in their daily lives. We partner with our customers to focus on the services they want to provide, not just the building we construct, and we are committed to achieving a higher social purpose through our work.
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