Hyatt

New Renderings And Phased Plans Unveiled For Trio Of Towers At ‘Miami Riverbridge’, Including 87-Story Supertall, in Downtown Miami

Updated renderings and phased plans have been unveiled for Miami Riverbridge, a three-tower mixed-use development designed by Arquitectonica and developed by Hyatt Hotels Corporation and Miami’s Gencom set to redefine the 4-acre site at 400 Southeast 2nd Avenue along the Miami River. With a review by the Miami River Commission scheduled for March 4, this visionary project has captured the city’s imagination, signaling a major transformation for downtown Miami. Following a resounding endorsement from city voters in November 2022 for a lease amendment and development agreement for the property, the developers aim to breathe new life into the site, replacing the existing 615-room Hyatt Regency Miami hotel and the 4,500-seat James L. Knight Center dating back to 1982.

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Miami City Commission Unanimously Approves Lease Agreement for Hyatt and Gencom’s ‘Miami Riverbridge’ Development

In a 5-0 vote at the Miami City Commission, the lease agreement between the City and the joint venture led by Hyatt and Gencom has been unanimously approved. This decision marks a significant milestone in advancing the visionary Miami Riverbridge development, setting the stage for revitalizing Downtown Miami’s riverfront area. The approved lease agreement paves the way for collaborative efforts between Hyatt and Gencom to enhance access, promote walkability, and introduce diverse offerings to the vibrant city. With this crucial endorsement, the joint venture can now proceed with finalizing the construction plans in close partnership with the City.

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