Alex Mantecon

Riverside Wharf Approved By Voters

Riverside Wharf Rendering

In December 2015, Miami Commissioners approved the $30 million Riverside Wharf project along the Miami River, but it was given the green light by voters on Tuesday March 15th.

The deal gives developers Alex Mantecon and Guillermo Vadell, who also developed The East Coast Building, a 30 year lease with the option for two 10 year extensions. They will also pay a minimum $195,000 rent to the city. 

Riverside Wharf Project Proposed Along Miami River

Sunset Over the Miami River

Sunset Over the Miami River

A plan called Riverside Wharf has been proposed that would revitalize the east side of the Miami River near I-95, according to Miami Today. 

Riverside Wharf LLC- headed by Alex Manteca and Luis Garcia, would lease city land between 236-298 SW North River Drive and develop a series of restaurants and fish market on the sites. The 58,000 square foot Riverside Wharf would cost $30 million. Part of the proposal would be to make improvements to the riverbank and extend the public walkway. The plan is supported by Miami city commissioners and the Miami River Commission and will go to a vote today. A referendum will be scheduled for March 2016.

Recently, projects such as the condo Flagler on the River and the nearly completed East Coast Building have given a boost to development in the area. A building that would house a SushiSamba and Duck & Waffle was also proposed on the old East Coast Fisheries site last year.

Update: Miami City Commissioners have approved the project and it is headed for a referendum in March 2016.

East Coast Building Nearly Complete

East Coast Building on next to The Miami River

East Coast Building on next to The Miami River

Since starting construction in August 2014, The East Coast Building along the Miami River is nearly complete. The storage facility with a rooftop restaurant and ground level restaurant recently completed the painting on the exterior of the building. 

Update On The East Coast Building Next To Miami River

Update On The East Coast Building Next To Miami River

Since reaching the halfway mark of construction in January and topping out in March, the East Coast Building is on schedule to complete in time.

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East Coast Building On The Miami River At Halfway Mark

East Coast Building

After starting construction in July 2014, the East Coast Building is already at the halfway mark of its 9 story height. 

Located on the Miami River next to Flagler on the River, the building will be mixed use that will include a rooftop restaurant. 

Across the street will be the second phase of Flagler on the River on the old East Coast Fisheries site.

Construction On East Coast Building On The Miami River

East Coast Building Site Next To I-95

Last week a new construction project broke ground on land just south of the almost completed Flagler on the River. The project is called East Coast Building and is being developed by Alex Mantecon and Guillermo Vadell. 

The project will be a mixed used building that will be mainly a storage facility, but have two restaurants, including one on the 9th floor rooftop. 

The ground floor restaurant will be 4,500 square feet and the rooftop top restaurant will be 7,000 square feet and have incredible views of the Miami skyline. 

Construction is expected to be completed by June of 2015. 

Below are renderings of the project.