Mixed Use

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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Site And Soil Permits Filed For One Brickell Tower II At 77 SE 5th Street In Miami

Permits have been filed for site and soil improvements at 77 Southeast 5th Street, where Miami-based Related Group plans on building a 47-story tower residential tower with 506 apartments. Also know as One Brickell Tower II, the 478-foot-tall structure would be one of three to rise within the One Brickell mixed-use development fronting the Miami River. John Moriarty & Associates is listed as the contractor, and the scope of work is estimated to cost $1.5 million. Isley Barajas of the Related Group is listed as the owner/applicant for the permits, filed on August 9, 2022.

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Miami-Dade County Releases New Details On MetroCenter, The Redevelopment Of 17-Acres In The Government Center District

Miami-Dade County has initiated a Request For Proposals to enter into a long-term public-private partnership to redevelop 17 contiguous acres of County-owed land within the 28-acre Government Center District in Downtown Miami. The bidding process opened this past Tuesday for the redevelopment project, which the county branded as MetroCenter, and the property comprises 11 primary sites spanning multiple blocks west of the Government Center Metrorail Station and east of the I-95 Expressway. The chosen Master Developer will have the opportunity to lead the development of up to 23.7 million square feet of space which could include anywhere between 6,000 to 8,500 residential units mixed between affordable and market rates, educational facilities, transportation advancements, cultural amenities and open spaces, commercial spaces, hospitality spaces, and retail establishments. These uses would be spread throughout multiple structures that could rise 550 to 770 feet, with the objective of creating a seamless, active, self-sustaining, urban neighborhood.

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New Renderings Showcase Conceptual Design For Acram Group’s Magnolia Tower In Downtown Orlando

New renderings have been unveiled for Magnolia Tower, a 20-story mixed-use highrise proposed for 924 North Magnolia Avenue in the North Quarter District of Downtown Orlando. Designed by Baker Barrios and developed by New York-based Acram Group, formerly JMC Holdings LLC, the project is planned to yield 386 residential units and nearly 35,000 square feet of retail and commercial space within a 220-foot-tall superstructure of three interconnected towers and The development would rise from a 1.67-acre site bound by Weber Street on the north and Pasadena Place on the south. The property is currently home to two office buildings and a surface level parking lot, which would be razed as part of the redevelopment. The project is estimated to cost $96.5 million. 

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