83 replies to this topic

[seminole]

Altimike, on Feb 3 2007, 12:09 AM, said:

This is sarcasm too right? Because there are obviously a few buildings taller than this. For example, the empire state building is 1250 feet tall and the Sears Tower in Chicago is 1451 feet in height.

Isn't it suppose to be the tallest residential structure in the world?

[wally2169]

seminole, on Apr 1 2007, 03:58 PM, said:

Isn't it suppose to be the tallest residential structure in the world?

Yes and no

When announced 2 years ago, it was to be the tallest residential structure on earth

However, the tallest building in the world is being built in Dubai as we speak, per the Dubai forum of urbanplanet

This is going to be a combination of hotel, office and residential condos

This new building is going to be HUGE and EXTREMELY TALL

Empire World Towers will have the title in the Northern hemisphere/ North America but not worldwide

[dan326]

I love these towers. I hope with the condo market deflating in Miami these still get built.

[INFLA1]

It might get built (most likely not), but with today's real estate market it will most likely remain empty. Sorry, but there is already an OVER-SUPPLY (and that is an understatement) of condos available in Miami. Adding this amount of real estate to the city will just put the developer in debt. Not even investors are stupid enough to invest in new condos in an over-saturated market. Like I've mentioned in some previous posts, there was a huge article that came out about a month ago talking about how Americans are fleeing the big cities for mid-size and small cities. Miami would have lost residents this year if it had not been for foreign immigration. Most immigrants aren't exactly able to spend $500,000+ plus for luxury living so I don't know where they expect the residents to come from. On a side note, Miami has the largest amount of vacant residences in the nation. The city completely depends on investors to snatch up condos and sit on them for a while. Investors are not going to be snatching up condos right now considering the condo market was hardest hit by the real estate slump.