Miami Riverbridge Development to Move Forward

A land lease deal for the Miami Riverbridge development received unanimous approval from Miami commissioners allowing the developers to move forward. The redevelopment of the Hyatt Regency in Miami, a joint project developed by Gencom and Hyatt Hotels, will include a 3-tower complex comprised of 1,806 apartments (264 will be serviced), 615 hotel rooms, 190,000 sq ft of meeting space, 20,000 sq ft of co-working space, and 1,100 parking spots. One tower, 61 stories, will contain 682 apartment units. Another 61-story tower will house a 615-key Hyatt Hotel with over 100,000 square feet of meeting space and 264 serviced apartments. The third tower, the tallest at 1,049 square feet, will contain 860 apartments. The towers will be connected at the top by a sky bridge featuring an upscale restaurant and lounge. Other elements of the development include construction of a 480-foot section of the Miami Riverwalk pedestrian promenade, which will include 50,000 square feet of new public space. In addition, there will be a covered connection to the Metromover's Knight Center Station. Construction is expected to begin in 2025.  

View Miami Riverbridge >>