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DAVID BECKHAM PICKS STADIUM SITE NEXT TO MARLINS PARK

River Landing Development LLC welcomes Miami Beckham United to the neighborhood. We support plans to bring a Major League Soccer stadium to the former site of the Orange Bowl and help revitalize a community that is attracting private and public investment for the first time in decades. A soccer stadium would be a great complement to River Landing Shops and Residences, where soccer fans could meet for entertainment before and after the games. The stadium, River Landing and all the development taking place in that area will create a new synergy along the Miami River. We look forward to working with City and County Officials to help their vision become a reality. [Read more: Miami Herald]



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RAYMOND JUNGLES REVAMP OF JOSE MARTI PARK WILL BE ACCESSIBLE TO BRICKELL RESIDENTS BY RIVER WALK

Chetrit Group’s River Walk project on the Miami River is proposed to include a renovation of Jose Marti Park by landscape architect Raymond Jungles, along with a new riverwalk to the park.

The park will be accessible to Brickell residents for the first time by a riverwalk, which will be built as part of the project. Currently, Brickell residents can only access the park through difficult to navigate side streets.

As part of Chetrit’s project, the developer will make a public benefits contribution totalling $21 million to permit increased density. The contribution includes the park renovation, along with art work.

The Miami River Commission reviewed the plan at a meeting yesterday. [Read More: The Next Miami]

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AS WATERFRONT LAND DRIES UP, DEVELOPERS RUSH TO MIAMI RIVER

 

The Miami River — once a polluted, industrial backwater known as a favored route for smugglers — is today teeming with developers who want to build on what is practically the city’s last remaining waterfront land, writes Miami Herald reporter Nicholas Nehamas in his June 8 cover story. The Miami River Commission says that a total of about 4,000 units are slated for development over the next few years, along with new hotels, restaurants and a mega-yacht marina. On the north bank, near the health district around Jackson Memorial Hospital, River Landing will rise. 

“The health district is a massive market that has limited services,”  developer Andrew Hellinger was quoted in the article.“We’re filling a gap in the retail and the restaurants.” [Read more: Miami Herald] 

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DEVELOPER TAKES LINEAR APPROACH TO MIAMI PARK

 

When River Landing Shops and Residences is completed in 2018, the development west of downtown Miami will bring more to the city than just another apartment building and shopping mall. The $300 million project will include an 850-foot linear park.

In a city bereft of green space, residents hope the River Landing park will become part of a trend that lifts Miami’s lowly ranking when it comes to public parkland, according to Wall Street Journal Reporter Robyn A. Friedman. In her June 30 article, she wrote that Miami in 2014 ranked 95th out of 100 cities for park acreage by the Trust for Public Land, with 3.5 acres of parkland per 1,000 residents, or 1,442 acres total. In comparison, San Francisco has 5,693 acres and New York City has 39,006 acres of parkland.

“When we were deciding what to develop here, we had just been in New York and walked the High Line,” Andrew Hellinger, manager of River Landing Development, was quoted in the article. “We liked the concept, an open environment among the concrete structures.” [Read more: Wall Street Journal] 

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LAND VALUES ON THE MIAMI RIVER KEEP RISING

River Landing is anchored by a grocery store and includes a floor geared to sporting goods, two floors of soft goods and a floor of entertainment on the blooming Miami River district. Restaurants will open up to a waterfront linear park with the river as a main attraction. The 2.2 million-square-foot River Landing, a few miles west of downtown Miami, will also include 475 market-rate apartments.   A condo development site on the Miami River traded for $18.3 million, or $1,309 per square foot for the dirt. The developer of the proposed Edge on Brickell sold the 13,979-square-foot property at 39 and 55 S.W. Miami Ave. to Brickview 3114 LLC. The site is on the south side of the river just west of the bridge across South Miami Avenue. The Miami River property was acquired for $3.65 million in 2013 [Read more: SFBJ]

River Landing is anchored by a grocery store and includes a floor geared to sporting goods, two floors of soft goods and a floor of entertainment on the blooming Miami River district. Restaurants will open up to a waterfront linear park with the river as a main attraction. The 2.2 million-square-foot River Landing, a few miles west of downtown Miami, will also include 475 market-rate apartments.

 

A condo development site on the Miami River traded for $18.3 million, or $1,309 per square foot for the dirt. The developer of the proposed Edge on Brickell sold the 13,979-square-foot property at 39 and 55 S.W. Miami Ave. to Brickview 3114 LLC. The site is on the south side of the river just west of the bridge across South Miami Avenue. The Miami River property was acquired for $3.65 million in 2013 [Read more: SFBJ]

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