CUBE 3

Miami Voters Approve Land Lease Extension For Riverside Wharf In The Miami River District

Last week, Miami voters overwhelmingly approved an amendment to extend the lease of city land for use in the future development of Riverside Wharf, a $185 million hospitality-driven entertainment complex planned for 114 Southwest North River Drive that promises to usher in a new era for the Miami River District. With approximately 60% of the vote in favor of the amendment, the victory marks another step forward in developing the project. Developed by MV Real Estate Holdings in conjunction with Driftwood Capital and Merrimac Ventures, the the 10-story, 200,000-square-foot project will be the defining development for Miami’s Downtown core as a city-within-a-city all-encompassing destination for unparalleled entertainment, exceptional dining and world renowned hotel accommodations. It will encompass a world-class 30,000-square-foot nightclub and rooftop dayclub, a high-energy 12,000-square-foot event hall and mezzanine, as well as the rebirth and expansion of The Wharf Miami, with 16,000 square feet of signature restaurants and a private marina capable of accommodating megayachts. Planning to break ground in the second quarter of 2023, it will also feature a 165-key Dream Miami luxury hotel.

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Riverside Wharf Wins Unanimous Support from Miami City Commission, Awaits Voter Referendum For Land Lease Extension

After the City of Miami Commission’s unanimous decision to move ahead with the Riverside Wharf master plan, Miami voters will have the opportunity to vote “yes” to extend the land lease for the development which will pave the way for Riverside Wharf to become a longstanding part of the Miami River community. Riverside Wharf, developed by MV Real Estate Holdings (MVREH), in conjunction with Driftwood Capital and Merrimac Ventures, is a $185M hospitality-driven entertainment complex along the historic Miami River. The 10-story, 1.5-acre development will rise as a world-class entertainment destination expected to usher in a new era for the River District by providing a new home for Wharf Miami, as well as brand new dining and nightlife concepts and a 165-key Dream Miami hotel that will be an amenity for the city and attract continued growth to the undeveloped riverfront neighborhood. Construction for this development is slated to start in the second quarter of 2023.

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Bachow Ventures Proposes 47-Story Mixed-Use Tower At 11 North Andrews Avenue In Fort Lauderdale

Plans for a new 47-story mixed-use tower named 11 Andrews have been submitted to Fort Lauderdale’s Design Review Committee (DRC) for review. The project is designed by CUBE 3 with Witkin Hults + Partners as the landscape architect and is being proposed by Miami Beach-based Bachow Ventures managed by Noah Bachow. The building would rise approximately 479-feet to the roof, or 499-feet to the mechanical screen, and would yield an estimated 732,000 square feet of space including 425 residential units, 7,400 square feet of commercial space and 425 parking spaces.

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Developers Get Approval To Move Forward With ‘The Fifth Miami Beach’ Office Project Designed By Alberto Campo Baeza

Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, announced they have received approval from the City of Miami Beach to proceed with the construction of a new 5-story Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza named The Fifth Miami Beach. It will be Baeza’s first commercial building in the United States. World-renowned architecture firm Gabellini Sheppard Associates is designing the interiors, award-winning firm Cube 3 is the executive architect and Miami-based Urban Robot Associates is the project’s landscape architect. Construction is expected to begin imminently.

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Developers Land Construction Financing For 33-Story AER Project In Downtown Tampa

American Land Ventures (ALV), a Miami-based real estate developer, and development partner Gazit Horizons Inc., the American arm of Israeli-based Gazit Globe Ltd., have landed a construction loan of over $113 million from BMO Harris Bank NA to build AER, a mixed-use development soon to go vertical at 3oo West Tyler Street in Downtown Tampa. Designed by Miami-based Cube3 with Coastal Construction named as the general contractor, the development will yield a 33-story, 346-foot-tall tower with 344 residential units and a connected 10-story structure with over 10,000 square feet of retail space and 504 parking spaces.

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