Downtown Miami’s Condo Boom Ends As Last Construction Crane Removed

The last residential construction crane of Greater Downtown Miami’s speculative condo era was disassembled last week and hauled off on flatbed trucks north on Interstate 95.

The removal of the construction crane at the 47-story, 346-unit Paramount Bay condominium tower situated in the Biscayne Boulevard Corridor just north of Downtown Miami ends a building boom period in which some 40 cranes filled the sky at the peak. (The only cranes still standing today are building three new office towers under construction.)

Earlier this month, construction cranes were removed from the 51-story, 530-unit Mint condominium tower located on the north bank of the Miami River and the new 67-story, 306-unit Marquis condominium tower on Biscayne Boulevard in Downtown Miami.

Many industry watchers see the removal of the last crane as the sy

Read entire article: Downtown Miami's Skyline Changes As Last Residential Crane Removed

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