CBRE Marketing Waterside Property On Miami River To Prospective Buyers

Commercial brokerage firm CBRE has listed a property called Waterside along the Miami River for sale.

The 1.62 property is owned by Benzol Properties, which is controlled by Bernard and Jerome Herskowitz.

According to marketing material, a massing study has been completed, with the potential to build up to 810 units and nearly 2 million gross square feet. A tower along the river would be built on a small, narrow strip of land, similar to the proposal for The Edge at Brickell on neighboring property.

 

 

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Fernando
7 years ago

Very interesting

Fernando
7 years ago

I think this pretty much uses all land available in Brickell to build on right? All I see left is buying up the small restaurants on south miami avenue,except for Mary Brickel Village, and developing there.

UMdev
7 years ago

There are dozens of lots to develop on. First their is the obvious huge crater where the Capital project was going. Then the lot to that only has a couple small 2 story buildings. The the lot to the west of these two lots which is large enough to accomdate a couple of towers was sold a few years back and the apartment on the lot was torn down. Then there is the lot north of Segagredo. I’ve hear rumors of selling the building on the Brickell ave side. This block could hold at least 2 towers. Then there is the Villa Magna site which is empty right on the bay that they are using for parking while they build Panorama tower. Then you have the old Millenium site which is huge and on the water bought by the same guys who bought the Tobacco rd site. The whole block where Rosinella’s is at was also bought in the last couple years. There is also the Apollo bank site with a large parking lot behind it.

And then you have dozens more sites west of the metrorail.

Anonymous
7 years ago

How about the site just north of citycentre on the river? What’s happening there? That plot is at least 2-3 acres…

Anonymous
7 years ago

Those narrow strips of land are still way too small to put buildings without reducing the river walk to a super small sidewalk. At least these basic renderings look better than the concrete slab of “the edge”.

marc
7 years ago

I agree this project is easier to swallow than Edge but like you stated the riverwalk will be reduced to a sidewalk.

noel tulley
7 years ago

We need to build up the west side of miami too not just the east side

Lenny
7 years ago

There is a 50ft setback requirement for all new development along the Miami River Greenway.
This proposal would not be exempt.