Supertall Entertainment Complex SkyRise Cancelled At Downtown Miami's Bayside Marketplace

The planned supertall entertainment complex SkyRise, which was slated to rise in Downtown Miami’s Bayside Marketplace, has been cancelled after the developer was unable to secure financing. The entertainment and observation tower was being developed by Berkowitz Development Group. The tower was set to rise over 1,000’ was designed by Arquitectonica. The site is set to be restored and Bayside Marketplace can work with the City of Miami to bring in another developer for the parcel.

SkyRise was first proposed in 2013 before being derailed by lawsuits and contested use of public subsidies. In 2015 the Florida Supreme Court put a stop to challenges by community activists who aimed to stop development of the project. In late 2018 it was announced that SkyRise would begin construction in Q2 2019 with Plaza Construction having been retained the contractor, but the developer was ultimately unable to secure financing.

SkyRise Miami would have featured an indoor controlled free-fall system, a “drop tower-style” ride set to hit speeds of 95 mph and a selection of observation decks overlooking Biscayne Bay, PortMiami, Miami Beach, Key Biscayne, the Atlantic Ocean and the Miami Skyline. In 2016 it was announced that Berkowitz Development Group had inked a deal with Legends Hospitality Group for day-to-day management, guest interactions, sales and marketing, as well as food and beverage operations.

SkyRise Miami Set To Begin Construction in Q2 2019

SkyRise Miami, the proposed 1,000’ entertainment and observation tower which is poised to become the tallest tower in Florida, is gearing up to break ground in Q2 2019. The entertainment and observation tower is being designed by Arquitectonica and under development by Berkowitz Development Group, who have retained Plaza Construction as the contractor on the project. The project was first proposed in 2013 before being derailed by lawsuits and contested use of public subsidies. In 2015 the Florida Supreme Court put a stop to challenges by community activists who aimed to stop development of the project. SkyRise Miami is expected to be completed in 2023.

SkyRise Miami will featured an indoor controlled free-fall system, a “drop tower-style” ride which will hit speeds of 95 mph and a selection of observation decks overlooking Biscayne Bay, PortMiami, Miami Beach, Key Biscayne, the Atlantic Ocean and the Miami Skyline. In 2016 Berkowitz Development Group inked a deal with Legends Hospitality Group for day-to-day management, guest interactions, sales and marketing, as well as food and beverage operations.

Skyrise Releases New Renderings, Nears Completion of Wind-Tunnel Tests

Skyrise has completed their wind-tunnel testing and have released new renderings of the project as they near the potential groundbreaking. The new renderings show greater detail of the proposed attractions including bungee jumping and a stunning observation deck. The entertainment and observation tower is being designed by Arquitectonica and under development by Berkowitz Development Group. 

Developers at Skyrise Request Approval to Build Skyway, Rotating Viewing Pod Attraction

Skyrise, the entertainment mecca to be built in Downtown's Bayfront, has filed to add Skyway to the approved, proposed structure. Skyway would be skyrise's signature attraction, a 20-pod rotating, "modern ferris-wheel," experienced through viewing capsules. There would be 2 revolutions per hour and the pods would rise to a maximum, approved height of 1,049 ft. Plans for Skyway were designed by Arquitectonica and are currently under review.