Gencom

Hyatt And Gencom Get Approval For 3-Tower Miami Riverbridge With 64% Of City Voters In Favor

Developers Hyatt Hotel Corp. and Gencom have gotten approval for the redevelopment of the 4.2-acre city-owned site at 400 Southeast 2nd Street in Downtown Miami. The November 8 referendum resulted in 64% of city voters in favor of the three-towered mixed-use development set to replace the aging Hyatt Regency Miami and James L. Knight Convention Center. Designed by Arquitectonica, the project will yield two towers of 61-stories and a 95-story supertall containing over 1,500 residential units, a flagship 615-room Hyatt Regency, 264 branded and serviced apartments 190,000 square feet of Class-A meeting and events space, 20,000 square feet of coworking space, 12,000 square feet of food and beverage/retail space, 50,000 square feet of open public space, 1,100 parking spaces, and a 480-foot-long rejuvenated riverwalk. 

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Miami Riverbridge, The Three-Towered Redevelopment Of Downtown Miami’s Hyatt Regency, Heads To November Referendum For Approval

At the end of July, Miami’s City Commission voted 4 – 1 in favor of Miami Riverbridge, a three-towered, large-scale mixed-use mega project proposed as the redevelopment of a 4.2-acre city-owned site at 400 Southeast 2nd Avenue in the heart of Downtown Miami, where the Hyatt Regency Miami and James L. Knight Convention Center stand today.  Estimated to cost approximately $1.5 billion, the project calls for three new towers, two of 61 stories and one 95-story supertall, which would contain over 1,500 residential units, a new flagship 615-key Hyatt Regency hotel and 264 branded serviced apartments, 190,000 square feet of Class A meeting and events space, commercial and retail spaces, over 1,000 parking spaces and 50,000 square feet of open public space including a 480-foot-long rejuvenated riverwalk. Miami Riverbridge is being developed between Hyatt Hotels Corp. and Gencom under the HRM Owner LLC, and is being designed by Arquitectonica. The project’s fate is now in the hands of city voters at the next referendum on November 8.

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Hyatt And Gencom Propose Redevelopment Of Hyatt Regency Miami With Mixed-Use Complex Of Three Towers

Leading global hospitality company Hyatt has teamed up with Miami-based luxury hospitality and residential developer Gencom to redevelop Downtown Miami’s iconic Hyatt Regency Miami at 400 Southeast 2nd Avenue, with the goal of making improvements in and out of the urban core, and activating a key piece of Miami’s riverfront. Designed by Miami-based Arquitectonica, plans for the site include three towers offering residents and hotel guests panoramic views of Downtown Miami and Biscayne Bay. Towers one and two would rise 61-stories and include 682 multifamily apartments, a 615-room Hyatt Regency with over 100,000 square feet of meeting space, and 264 serviced apartments; the towers would be linked at the top by a Skybridge featuring an upscale destination restaurant and lounge perched 700 feet over the city. Tower three would become one of the tallest buildings in South Florida rising 1,049-feet, anticipated to include 860 residential apartments.

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