Downtown Miami’s ambitious $350 million Riverside Wharf project is moving forward with key predevelopment milestones. Recent activity includes the submission of a tree permit application and an addendum to the project’s utilities deal with Miami-Dade County. These steps signal continued progress for the large-scale waterfront development.
Key Takeaways
- A tree permit application has been submitted and is currently under review by Miami’s Building Department.
- An addendum to the utilities deal with Miami-Dade County has been finalized, updating the project’s scope.
- The development is slated for completion in 2027.
Project Scope and Features
The updated plans for the Riverside Wharf reveal a comprehensive entertainment and hospitality complex. The development is set to include:
- 30,791 square feet of full-service restaurant space
- 6,273 square feet of retail space
- 59,302 square feet dedicated to bar and cocktail lounges
- 174 hotel rooms
- 1,102 square feet of office space
- 14,313 square feet for banquet halls
- An 18-slip marina
While the overall vision remains consistent, the amount of space allocated for bar/cocktail lounges has been adjusted from the initial 2023 agreement. The project will also feature a two-level nightclub, a dayclub, multiple dining establishments, and event spaces, anchored by an 8-story Dream Hotel.
Development Team and Timeline
Moss & Associates is serving as the contractor for the Riverside Wharf project. The development is a collaborative effort between Breakwater Hospitality, Driftwood Capital, and Merrimac Ventures. The projected completion date for this significant waterfront transformation is 2027.