Downtown Miami’s The Wharf Miami has announced plans to close to allow for construction of the $185 million Riverside Wharf, according to multiple reports, including Miami New Times.
The developer has said that the new project will include a more permanent version of what currently exists at The Wharf.
A closing party at The Wharf is scheduled for September 15 through September 16.
Miami Building Department records show that a seawall permit for the property was issued on July 24.
A permit for vertical construction of the new project is still being processed.
The new Riverside Wharf is proposed to include two 10-story buildings, with:
- Dream Miami luxury hotel (now part of Hyatt), with 165 keys
- Expanded, permanent version of The Wharf Miami
- 16,000 square feet of restaurant
- Indoor live performance venue
- 12,000-square-foot event hall
- 30,000-square-foot nightclub and rooftop dayclub with two pools
- Private marina capable of accommodating megayachts
- Permanent Garcia’s Fish Market location
- Publicly accessible Riverwalk
In total, there will be 200,000 square feet of new development.
MV Real Estate Holdings in conjunction with Driftwood Capital and Merrimac Ventures are the developers.
Cube3 is the architect, with landscape design by Savino-Miller Design Studio.