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Miami River
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.
Construction on the Miami River
Construction has started on Melo Group's new Miami River restaurant complex across from Flagler on the River. The current design differs from what was originally planned on the site.
The building, designed by ITEC Design, will have 19,788 square feet of space and have three levels with a SushiSamba. The new design can be seen below.
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.
The Pleasure Emporium Demolished
After receiving approval from the Urban Development Review Board, demolition has begun at the Miami River site located just East of I-95 and along the Miami River.
The buildings on the site that were demolished include the Pleasure Emporium III, Sir Speedy and several single family homes. Currently Finnegan's on the River and a few boating stores remain on the site closest to the river and should be demolished soon.
The Miami River site is part of the transformation of West Brickell and will be built in five phases of construction.
Renderings of the project can be seen here.
Rendering of Two Proposed Towers
Two 60 story towers from Kar Properties have been proposed next to the Miami Avenue bridge, according to Miami Today.
The two towers would have a waterfall and rise directly in front of The Ivy, Mint and Wind condos. The plan is to have 406 residential units 30,000 square feet of commercial space.
Last year, Kar Properties spent $27.5 million on the land and $33 million on the land behind the three current condos. In December 2014, a submission was made to the FAA for a 928 foot tower on the site, but no word on how tall the two proposed towers will rise.
Site of the New Building on the Miami River
Melo Group is planning a second phase of Flagler on the River, which will be a three story 17,000 square foot building.
According to Miami Today, included in the new building will be the restaurants SushiSamba and Duck & Waffle. Itec Design is the architect on the project.
The site is also located across the street from the East Coast Building, which is undergoing construction.
The building still needs to be approved by city officials. Melo Group hopes to start construction in the next 6-8 months.
Chetrit Group's Miami River Project
Originally called Miami Riverwalk, Chetrit Group has now decided to call the massive 4 60 story towers Miami River, according to Miami Today.
Phase one of the project will include one tower with 368 residential units, 150 hotel rooms and over 50,000 square feet in commercial space.
Originally, improvements to the riverwalk which would connect under the bridge to Latitude on River was to be done in phase 3, but Miami Commissioners want work to be done right away.
