Rafael Viñoly - Florida YIMBY

Faena Unveils a New Cultural District in Miami with a Landmark Riverfront Residential Project

8:00 am on October 24, 2024 By Oscar Nunez

Faena, in partnership with Fortune International Group and KAR Properties, is expanding its renowned brand to the heart of Miami by creating the Faena District Miami River. Set at 90 Southwest 3rd Street, this multi-phase cultural district will be located within the only 14-acre private park along the Miami River. Anchored by Faena Residences Miami, this transformative development promises to elevate Miami’s skyline and redefine the area with its blend of culture, art, and luxury living.

KAR Properties And Fortune International Group To Co-Develop 66-Story One River Point Designed By Rafael Viñoly

8:00 am on November 8, 2022 By Oscar Nunez

New York developer Shahab Karmely of KAR Properties and Miami developer Edgardo Defortuna of Fortune International Group announced a new partnership to co-develop One River Point, two connected riverfront-facing 66-story residential towers with a combined 300 units planned for 24 Southwest 4th Street in Downtown Miami. Under the One River Point Partners, LLC, the pair purchased the site from the original entity of One River Point, Miami River Project LLC, paying $58.85 million. The parcel enjoys an enviable location in the city’s epicenter, just steps from the Brickell financial district and luxury retail shopping and entertainment center, Brickell City Centre, as well as the major transportation hubs, and within minutes from Miami Beach, the Port of Miami, major international airports, and cultural landmarks such as the Adrienne Arsht Center, American Airlines Arena and Perez Art Museum.