Capital at Brickell facts for kids
CCCC Miami Towers is the name for a big building project planned for Miami, Florida. It will be a "mixed-use" project. This means it will have different types of spaces. It might include homes, offices, a hotel, and shops all in one place. The project is located in the Brickell neighborhood of Miami. It is between South Miami Avenue, SW 14th Terrace, SW 1st Avenue, and SW 14th Street.
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What is CCCC Miami Towers?
This project started digging in 2006 for an earlier plan. That first plan was called Capital at Brickell. It stopped for a while. Then, in 2014, a company from China called China City Construction Corp took over. They decided to restart the project.
The Story So Far: Capital at Brickell
Capital at Brickell was the first idea for this site. It was going to be two very tall buildings, called skyscrapers. Sadly, this project was stopped. It happened because of money problems during a time called the Great Recession. This was when the economy was not doing well.
What Was Planned?
The Capital at Brickell plan included two towers. They would have homes, offices, a hotel, and shops. "Capital at Brickell Tower II" was designed to be the taller one. It would have reached about 246 meters (806 feet) high. "Capital at Brickell Tower I" would have been about 185 meters (607 feet) tall. Tower I would be next to Tower II.
Tower I was planned to have 53 floors. Tower II was planned to have 57 floors. These towers were designed to look like the famous Chrysler Building in New York City. They would have a similar "crown" at the very top. They were meant to be some of the most eye-catching buildings in Miami.
Why Did it Stop?
The project was designed by Fullerton-Diaz Architects, Inc. The company in charge of building it was Cabi Developers. But because of the Great Recession, many building projects stopped. This one was one of them. In 2011, two different companies wanted to buy the land.
A New Start: CCCC Miami
In December 2014, the land was sold. Chinese companies bought it for about $74.74 million. They decided to create a new design for the project. In 2015, they shared their new goal. They wanted to build the tallest building in Miami.
What's Next for the Towers?
The new plan for CCCC Miami Towers might have a lot of office space. But it will still be a mixed-use building. The total cost for the project is expected to be around $875 million. The developers are looking for special funding. This funding helps foreign investors get a green card if they invest in certain U.S. projects.
