Yes you are reading this correctly, just a few weeks after the showing of the Burj Khalifa we hear that its already facing competition. Plans for a new superscraper in our own backyard of Miami could win the title of the worlds tallest building. Forget about the Burj Khalifa??? WOW i would love to see this happen!

According to Miami herald, Kobi Karp has submitted designs for Miapolis, a ‘city within a city’ planned for Watson Island. If built, the 160 storey building will be 183 meters higher than the Burj Khalifa. What is more, the Miapolis will boasts of an amusement park, observatory, restaurants, 1.96 million sq ft of shops, over 1000 apartments, 1 million sq ft office space and a 792 room hotel.

Besides being a rival to the Burj Khalifa, the new building if built will function as an economic engine creating 5,000 permanent jobs, paying off $39 million debt owed to the City and injecting $2.5 billion annually into the local economy.

The project is currently looking for funding from investors. With Miami’s current financial woes including a reported 100,000 plus properties in foreclosure, wonder if this project is the right defense to promote economic growth.

Miapolis

The Burj Dubai was started at the height of the economic boom and built buy at least 12,000 laborers. The Burj Dubai is set to open today as the worlds tallest building and will set records as so. The Burj is expected to rekindle optimism after its financial crisis.

Burj-Dubai

Burj Dubai, whose opening has been delayed twice since construction began in 2004, will mark another milestone for the deeply indebted emirate with a penchant for seeking new records.

Dubai, one of seven members of the United Arab Emirates, gained a reputation for excess with the creation of man-made islands shaped like palms and an indoor ski slope in the desert.

The tower’s height has been kept a closely guarded secret until now. Developer Emaar Properties PJSC will reveal the height — known to exceed 800 meters (2,625 feet) — on Tuesday and Dubai’s ruler will inaugurate the opening. Emaar, the Burj’s developer, has said the entire Downtown Burj Dubai development, which includes the tower, will cost $US20 billion to build. What is more, it was reported that at their peak, some apartments in the Burj were selling for more than $US 1,900 per square foot, though they now can go for less than half that. And if developers are to be believed, the entire building is already sold out.

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A-Rod's Miami Mansion

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