Adler Group Bids For Miami Riverside Center Next To Their Nexus Project

Adler Group wants to take over the Miami Riverside Center, the city’s administrative headquarters, according to the Herald.

The property is adjacent to their planned Nexus Riverside tower, which is approved as a 36-story, 462-unit project.

Another bidder, Panther Capital, LLC, has also submitted an offer for the property. It would require construction of replacement offices for the city, and commission and voter approval.

 

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Marc305

I am all for this project, however, I do think that something needs to be done about the surrounding area. I have friends who recently moved to Flagler on River and their biggest complaint is the large amount of homeless people living under the I-95 overpass. They have a small child and feel very uncomfortable walking around in their own neighborhood. I don’t know what the zoning laws are regarding building structures under these bridges, but leaving them as empty parking lots is not the answer.

Anonymous

I agree the homeless population in DT has to be dealt with one way or another. It’s getting ridiculous. I walk to work every day and one day hasn’t gone by where I don’t see at least one homeless person.

Cops need to enforce no pan handling zones. There is no point in buying a high-end Condo if the surrounding area is full of homeless people.

I live at the loft II and the amount of homeless has actually risen because they installed those porta potties down the street and now all the homeless people hang around the 7-11.

Marc305

Completely agree. We have placed many people in your building (Lofts II) and most of them leave after one year for the same reason you described. I believe the only way to solve the problem, at least in this area, underneath the I-95 overpass, is to build something under the bridges. Leaving them as open parking lots and adding porta potties just exacerbates the situation.

Anonymous

The worst part is that it’s usually the same homeless people. Marc305, from your RE experience does the actual association of the building have any say on what retail company can occupy the retail portion of a building? I think the main issue with this building is that the 7-11 attracts many homeless people to that corner.
I purchased a unit at the Loft II and am considering getting on the board of the association for this reason and some others.

Anonymous

Your association probably does not own the bottom floor commercial in your building. But Lofts one and two were I believe built by Related and Jorge Perez. If he has not sold off the commercial portion you can thank Jorge and Related for allowing a seven 11 store there thus adding to the quality fabric of your neighborhood.

Marc305

That is a very good question and has a very complicated answer.

A few years ago my company attempted to open an office in the lobby of Infinity but we were denied because the condo rules specifically stated that there should not be a Real Estate office in their lobby, eventually it became a coffee shop.

To answer your question if the building owns the space that 7-11 is now in, they can try and change the rules to get them out. However, this is going to be almost impossible for 2 reasons: one, they have a signed lease that needs to expire before the board can ask them to move out. Two, since they are already in they will probably fight it in court claiming discrimination or some other legal statue to not move.

The only way a building can prevent this from happening is by creating rules specifically stating that there should not be a 7-11 or a convenient store in their lobby before the space is leased. Hope this explanation helped.

Anonymous

Ok sounds like, the association might have some kind of power in regards to what goes there. I will email the President of our board and find out. But as you mentioned and as I suspected we will have to wait for the 7-11 lease end either way. A small bank Brach or something like a dry cleaner would be so much better for that building in controlling the homeless population in the area. I swear it’s like their neighborhood hangout spot.

Anonymous

I totally agree, living in a condo on the Biscayne by AAA, there have been days where I can even walk out of my lobby without being harassed by a homeless person.

Anonymous

I’ve lived in CBD for three years and also have two small children. It sometimes comes off as harsh, but Miami has to do something about it. We are strongly considering moving.

Anonymous

I am shocked. I say shocked that I moved to downtown Miami and have to put up with smelly mentally I’ll homeless people in a major American city. I am going to move to NYC or Seattle or San Francisco or Portland or Washington D.C. etc. etc. etc. ( S )