Downtown Courtyard By Marriott Owner Conducting Traffic Study, Hinting At Redevelopment

The owner of the Courtyard by Marriott Miami Downtown/Brickell Area has hired a traffic consultant, which could indicate that redevelopment is being considered.

Miami Convention Center Hotel Corp, controlled by AVR Realty Company of New York, hired Kimley Horn & Associates to conduct a traffic impact study, city records show.

Kimley Horn registered as a lobbyist on behalf of the owner this month.

The property is across from Met 3, which includes a highly popular Whole Foods Market along with 462 apartments.

Up to 1,070 residential units are allowed on the site under the Miami 21 zoning code. In 2014, the property was marketed with an expected price of up to $100 million, but never sold.