Downtown Miami Hyatt Regency & Knight Center Could Be Redeveloped By Continuum

Negotiations to redevelop downtown Miami’s Hyatt Regency and Knight Center seem to be heating up again.

New York developer Continuum appears to be among those now working on redevelopment plans, new records show.

William Wallace, a Continuum executive, registered with the city of Miami on August 10 to represent the firm as a lobbyist, records show.

Continuum wants to enter into a joint venture with the city and/or Hyatt in the redevelopment of the Knight Center, Wallace wrote in his registration.

Continuum is particularly interested in developing a residential component for AFL-CIO members, the registration says.

Continuum is also planning a 70-story luxury condo project in Brickell.

In recent months, there have been several other lobbyist registrations with an interest in redeveloping the Hyatt & Knight Center property.

Most of the registrations are from executives or representatives of Hyatt Hotels Corporation or Hyatt Equities LLC.

A representative of real estate firm Gencom Group also registered in July “to assist in the preparation of a proposal to redevelop the Hyatt Regency Hotel.”

 

 

A 3-tower 2018 redevelopment proposal prepared by Kobi Karp:


 

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Azarius
1 month ago

This site has so much potential with the park and river front and near by shopping. This project can be a billion dollars if marketed right

Anonymous
1 month ago

And if it’s designed right. Please, not another cigarette box building with juxtaposed balconies

Marc
1 month ago

I looked at a unit at Epic back in January. I voiced concern about the Hyatt redeveloping in the near future, and the realtor had no idea what I was talking about. Never even heard about the numerous previous proposals.

I swear the average TNM reader knows more about the real estate market/landscape in Miami than the actual realtors do….

Anonymous
1 month ago

agreed

NYC Loves Miami
1 month ago

I have had a similar experience with the Canopy Club building and public park construction site in south beach. Realtor was walking by it and didn’t even know what was being built. I’ve seen the presentations, know about the deal with the city for the park and the pedestrian bridge and I don’t even live there.

Anonymous
1 month ago

we are a nerdy group that likes this kind of stuff :)… It’s more than just money lol

Anonymous
1 month ago

Yeah we do lol

Anonymous
1 month ago

No….only the above average TNM reader knows more than the above average Realtor.
If you were looking at an Epic residence facing West, it was probably the assistant to good Realtor doing the showing, a new Realtor, or you are correct, a really bad Realtor.
If you were looking at an Epic residence over $3m, it is certain that the Realtor knew their stuff.

PS. This Hyatt redevelopment idea has been bouncing around since at least 2006 when Zyscovich proposed knocking down all the off ramps, shifiting the hotel and property north, and creating a waterfront park on the river.

Anonymous
1 month ago

Was looking at old Miami photos and the Hyatt looked dated in the 80s…loooong overdue for a major face-lift especially with its significant riverfront frontage. Interested to see how the new development influences any redevelopment of the 95 ramp and Brickell bridge as the property is smack dab in the middle of the city’s biggest bottleneck.

Anonymous
1 month ago

Yeah that brutalist architecture ages terribly

Anonymous
1 month ago

They should declare the Hyatt historic, and preserve it for future generations!

Anonymous
1 month ago

That’s funny…I hope you’re joking it’s a world class pos

Anonymous
1 month ago

Take down the Downtown Distributor, but keep the historic Brickell Bridge and build a tunnel for commuter traffic.

Anonymous
1 month ago

The 4 Ambassadors are Brickell’s slums or favelas ….some Government housing projects looks better than those 4 towers !
And they closed the bay walk to everyone but the people that lives there! 🧐

Anonymous
1 month ago

The Four Ambassadors used to be the only towers that Brickell could point to and brag about. Now they get slammed like an 85yr old former female movie star by youngsters who don’t know or givadamn about their former glory. Brickell’s slums? favelas? Some Government housing projects looks better? Man I wish I could go back to that Miami when the Four Ambassadors where in their heyday.

Anonymous
1 month ago

You’re right. We don’t give a damn about their former glory. They were ugly then and they’re worse now. I say level them.

Anonymous
1 month ago

^ I bet some women think that about you.. “he’s ugly, I say kill him!”

Anonymous
1 month ago

Good thing I’m not into women.

Anonymous
1 month ago

Let’s get this done! That Hyatt is atrocious and rivals the Four Ambassadors slums as one of the worst eyesores in the Brickell/Downtown area.

Anonymous
1 month ago

yes there are lots of eye sores built in the 70’s and 80’s with great waterviews. the hilton and marriot hotels on edgewater are another example and a few more gated residential buildings on brickell, the city even allowed them to block access to biscayne bay.

Anonymous
1 month ago

You are so right. That Hilton is awful.

Anonymous
1 month ago

Once the herald site eventually starts moving that Hilton will get more surgery than (insert celebrity with tons of surgery)

Anonymous
1 month ago

Marriott is aight. The Hilton is underutilized as it is surrounded by a malignant tumor closed mall.

Anonymous
1 month ago

About time… Convention center connected to metromover to move people is way better than Miami Beach Convention center where a future monorail only brings you to 5th and alton, kind of a useless spot on its own.

Anonymous
1 month ago

Hope it gets replaced, the current one is hideous and causes traffic

Anonymous
1 month ago

but traffic will be the same or greater if they replaced this… oh forget it……

Anonymous
1 month ago

Please no more Kobi or Arquitectonica!!

EJS
1 month ago

Get rid of that I-95 offramp and redesign it as a boulevard.

Anonymous
1 month ago

They outta get rid of that FPL electrical station first.

William
1 month ago

I would love to get a cost estimate for that. It would be a great project for the money Florida might get from the Infrastructure package. There’s no way having an unprotected substation by a river which floods is a good idea. Plus it’s ugly.

Anonymous
1 month ago

Level it and build a parking lot

AbyNormal
1 month ago

This is 3yrs old…how much of this is KOBI KRAP working his neve ending “self promotion” tour, next up is a 4′ x 8′ billboard in front of site with his name/logo. It’s certainly an Under utilized site that needs a world class architect/developer to come up with something better than this.

Anonymous
1 month ago

Just hope they can figure out the traffic flow / entrance / exit issues. That spot can get disastrous. All too often I see projects getting built with little regard to traffic flow.

Anonymous
1 month ago

Meh…

Anonymous
1 month ago

They should build a office building there instead.