Mixed Use

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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River Landing Shops & Residences Launches Innovative Retail Space For Emerging Brands

River Landing Shops & Residences, a 2.2 million-square-foot mixed-use development at 1400 Northwest North River Drive in Allapatah, has launched Capsule, an innovative retail space for emerging brands to showcase specialty hand-picked merchandise, providing access to amenities such as dressing rooms, WIFI, ambient music and private restrooms at an affordable cost with flexible lease terms. Capsule connects customers in the community with items they can’t find anywhere else. The unique brick-and-mortar platform offers brands a traditional retail environment while allowing shoppers to support local women-owned businesses offering diverse selections of curated fashion and home goods under one roof.  The 4,000-square-foot space is home to 20 highly curated local businesses.

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Abbhi Capital Releases First Concept Rendering Of A Planned Mixed-Use Project For Miami Worldcenter Block A

YIMBY spotted a new rendering of another potential large scale mixed-use project for an undeveloped site in Miami Worldcenter, better recognized as MWC Block A in Park West, Downtown Miami. 2.2-acres of this city block is under the ownership of Miami-based developer and investment firm Abbhi Capital, led by founder and managing partner Sankesh Abbhi, which was assembled by the firm under the Sanaproperty8 LLC between 2020 and 2021 for a total of approximately $44 million. The developer is reportedly planning a mixed-use project with multi-family, office, retail and hotel components, currently in the pre-construction and entitlement phases. The property allows for up to 2 million square feet of development, which would be incorporated into the 27-acre Miami Worldcenter complex.

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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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