If it's ever completed, SkyRise Miami -- the proposed bayfront tourist attraction which some have already derisively tabbed the "Paperclip Tower" -- is slated to be 1,000 feet tall, making it the tallest building in Florida. In addition to a bungee jump, it would have a ballroom, three observation decks, a restaurant, and a nightclub.
But after Gov. Rick Scott announced his budget yesterday, SkyRise won't be getting additional funding help from one important source: state taxpayers.
Scott approved the biggest budget in state history -- $77 billion -- but vetoed a $2 million request from SkyRise developers. "My focus is on what's good for taxpayers," Scott said about the budget.
If you like this story, consider signing up for our email newsletters.
SHOW ME HOW
You have successfully signed up for your selected newsletter(s) - please keep an eye on your mailbox, we're movin' in!
Jeff Berkowitz, the SkyRise developer, was not available for comment by press time; Scott's office also did not immediately have a statement available.
It's not clear how the lost taxpayer funding will impact Berkowitz's plans for the mega-structure. But construction is apparently still set to begin later this year for the proposed Biscayne Bay tower, with an opening tentatively planned for 2017.