Miami Riverbridge Gains Unanimous Approval from City of Miami Urban Development Review Board

Miami Riverbridge. Credit: Arquitectonica.

The redevelopment plans for Downtown Miami’s Hyatt Regency site have received unanimous approval from the City of Miami Urban Development Review Board. The updated project plans for Miami Riverbridge, presented by Hyatt Hotels Corporation and Miami’s Gencom under HRM Owner, LLC, were approved without any conditions at the board hearing. Construction is expected to begin in 2026, with an anticipated opening in 2030.

Miami Riverbridge. Credit: Arquitectonica.

Miami Riverbridge, designed by Arquitectonica, will feature three interconnected towers on the 4-acre site at 298, 300, 330, and 400 Southeast 2nd Avenue. All three towers will be linked at the top by a sky bridge featuring an upscale restaurant and lounge 700 feet above the city, offering panoramic views of the Miami skyline. The development will yield 1,342 multifamily units, a 615-room Hyatt Regency hotel, 264 serviced apartments, 100,000 square feet of commercial space, and 1,180 parking spaces:

  • Tower One: Rising 62 stories to 734 feet, it will house the new Hyatt Regency hotel and serviced apartments.
  • Tower Two: This 52-story building will rise 636 feet and include a residential lobby and a leasing office.
  • Tower Three: The tallest of the trio will reach 87 stories and 1,044 feet and contain most of the residential units.

Miami Riverbridge. Credit: Arquitectonica.

A joint statement from Hyatt and Gencom expressed their enthusiasm for the project, saying, “The City of Miami Urban Development Review Board voted in favor of Hyatt and Gencom’s updated project plans, maximizing benefits for future multifamily residents with the revised placement of the supertall residential tower to the riverfront. Upon this approval, we look forward to working with the City’s planning and building departments to advance our development plans. Once built, Miami Riverbridge will revitalize the Downtown Miami corridor, leading into the City’s Financial District. Development benefits include activating the Miami riverfront, improving access and walkability, and meeting growing demand for housing, hotel rooms, and meeting space in Miami. The privately-funded redevelopment is also expected to create as much as $1.5 billion in new revenue through city taxes, fees, and ground rent that can fund city-wide priorities over the term of our lease.”

Miami Riverbridge is poised to transform the area significantly, bringing new life to the downtown Miami corridor and enhancing the Miami River’s status as a regional economic and recreational hub.

Subscribe to YIMBY’s daily e-mail

Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews


7 Comments on "Miami Riverbridge Gains Unanimous Approval from City of Miami Urban Development Review Board"

  1. Grato de Cardenas | June 22, 2024 at 9:08 am | Reply

    The pictures show skybridge connecting super-tall to the secondary tower. Video shows super-tall standing alone and both shorter towers connected by skybridge. I wonder how it will ultimately result.

  2. 69yearresident | June 22, 2024 at 11:24 am | Reply

    1,200 parking spaces to service 1,350 residential units, the hotel and commercial space. Where am I going to park?

  3. Native Floridian | June 23, 2024 at 7:00 am | Reply

    This latest iteration with the tallest tower placed closets the Brickell Avenue and the Miami River IS NOT COMPLIMENTARY to the downtown skyline and form composition. Please return to the original three tower arrangement, without the tallest tower being severed by the observation deck.

  4. This one looks sharp. I think that the design is smart and the complex is large. Good that Hyatt is opening a new hotel in the complex.

  5. Sad that they are investing so much in a city that soon will be underwater. Climate change is giving us all a lesson!

  6. They’re PAID BY THE DEVOPERS!!!! WEEEEEE don’t want this DS slowing down traffic EVEN MORE for the next 5 years. If you like this l, you don’t live downtown or south beach.

Leave a comment

Your email address will not be published.