Under Miami 21 program, Banco Santander plans a taller tower

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In 2010, developers of buildings like the new Banco Santander tower will need to get creative to build taller and more dense projects under Miami’s still-pending zoning code, Miami 21.

Banco Santander is considering paying for a transfer of development rights from other property owners to build an 840-foot tower on Brickell Avenue. The possible development strategy was part of a December briefing a bank official made to city commission Chairman Marc Sarnoff, his staffers and the city’s planning director.
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