The Related Group has purchased property at 1400 Biscayne Boulevard for $57.3 million. The land sits just West of the old Miami Herald Building owned by Genting Group and just North of the Adrienne Arsht Center. 

Related Group is planning three mixed used towers for the 2.8 acre site, according to The Miami Herald.

Related Group has many projects being developed in Miami right now including Hyde Beach Resort & Residences, SLS Brickell, 1100 Millecento,  and Paraiso Bay.