Villa Magna Condominiums
Encyclopedia
The Villa Magna Condominium Complex is an urban development that is planned to rise in downtown
Downtown Miami
Downtown Miami is an urban residential neighborhood, and the central business district of Miami, Miami-Dade County, and South Florida in the United States...

 Miami, Florida
Miami, Florida
Miami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625...

. It was approved in 2006 by the city council and the Federal Aviation Administration
Federal Aviation Administration
The Federal Aviation Administration is the national aviation authority of the United States. An agency of the United States Department of Transportation, it has authority to regulate and oversee all aspects of civil aviation in the U.S...

 and construction is slated to begin in April 2007. The ending date has been approximated and has been set at late 2008 or early 2009. The complex will feature two twin towers, Villa Magna Condominiums I and Villa Magna Condominiums II. Both will be 574 feet (175 m) tall with 57 floors. The complex will be connected by the Villa Magna Plaza at the base of both towers. It will be located on Brickell Bay Drive near Southeast 12th Street in Miami's Brickell Financial District. The complex will be built on the last vacant parcel overlooking Biscayne Bay
Biscayne Bay
Biscayne Bay is a lagoon that is approximately 35 miles long and up to 8 miles wide located on the Atlantic coast of South Florida, United States. It is usually divided for purposes of discussion and analysis into three parts: North Bay, Central Bay, and South Bay. Its area is...

in Miami's Financial District, as all others to come will be built on inland lots. For this reason, prices of units will be higher here than in most other buildings in Miami, due to its waterfront location. The buildings will be used entirely for residential purposes. The complex in total will contain 780 condominium units.
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