City approves Miami River complex

Chetrit’s $1B Miami River project wins city approval

The Real Deal 10/23/15

The Miami City Commission late Thursday unanimously approved a development agreement and rezoning of a 10-acre site where Pearl and the Chetrit Group plan to build the mixed-used site that includes four towers, a hotel, shops, restaurants, and a public river walk with boat slips.

To obtain city approval for higher density, the developers promised to invest $14 million into an affordable workforce housing fund, as well as $7 million for public infrastructure surrounding the project, including renovating nearby Jose Marti Park.

Miami’s next hot spot? A developer wants to spend $1 billion on Miami River complex

Miami Herald 10/20/15

The Miami River project, located between Southwest Second and Third Avenues, the river and Southwest Seventh Street, includes two 58-story and two 60-story glass and steel towers overlooking two low-rise commercial buildings to the north along a public river walk with boat slips. Elevated walkways and gathering spaces orbit parts of the project, and a new, private street would cut north to the river through the district’s core, lined the whole way by three stories of retail.

Be Sociable, Share!

Leave a Comment

Your email address will not be published.