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.