The site broke ground in 2006 and was excavated for a previous project that stalled known as Capital at Brickell.
[1] In the 2020s, a tower began construction branded with Cipriani S.A. Capital at Brickell was a proposed complex of two skyscrapers.
[2] Although not the tallest buildings proposed during the first Miami "Manhattanization wave" from 2006-2008, the towers were planned become architecturally striking, and would have surpassed the Four Seasons Hotel Miami as the city's tallest building, but not the Panorama Tower completed in 2017.
The towers were part of the recent push to build more skyscrapers in the western side of the Brickell neighborhood, which does not border Biscayne Bay as does most of Downtown.
They are seeking EB-5 funding, similar to Panorama Tower, to cover part of the expected $875 million cost.