Downtown Miami’s 43-story Luma Miami Worldcenter is about to begin vertical construction with the help of a newly installed tower crane.

Video posted to social media taken from the Metromover yesterday showed the tower crane had been installed, with progress being made on the tower’s foundation.

The crane (or cranes) will eventually rise 599 feet above sea level, or 586 feet above ground, according to a filing with the FAA.

The tower itself will have a completed height of 493 feet above ground level, or 503 feet above sea level.

Developers Zom Living and The Moinian Group are building 434 residences, and they have said the building will offer the most luxurious rental apartments in Miami. The developers have secured $143 million in construction financing.

Miami Worldcenter will eventually include numerous apartment towers, with one (Caoba) already complete.

Stantec is the architect.

Source: The Next Miami