Riverwalk East Developments Buys Land Next to Epic Hotel

Site Bought By Riverwalk East Developments

Riverwalk East Developments, led by Alfredo Coto, has won the bid to receive prime waterfront land on the Miami River, according to SFBJ.

Bids for the land were expected to exceed $100 million and Riverwalk East Developments won the bid with a price of $125 million. 

Developer Ugo Columbo was selling the 1.25 acre land at 300 Biscayne Boulevard after plans were abandoned to build a second tower.

The site is approved for a 609 foot building, but could expand to reflect the Miami 21 code.

Bids For Epic East Land Exceed $100 Million

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Epic East Land For Sale on the Miami River

According to The Real Deal, bids for the land next to the Epic Hotel & Residences have exceeded $100 million.

The land is located at 300 Biscayne Blvd. Way and is on prime waterfront real estate. The Epic East land is on the site of the former hotel, DuPont Plaza and is about 1.25 acres.