Miami commissioners voted unanimously on July 13 to approve a lease agreement with the developers of the Miami Riverbridge project, according to a representative.
In a statement, the developers said they would now finalize construction plans with the city over the coming year.
Riverbridge will include three towers, with:
- 682 multifamily apartments (61-story tower)
- 615-room Hyatt Regency with over 100,000 square feet of meeting space, and 264 serviced apartments (61-story tower)
- 860 residential apartments (1,049-foot supertall tower)
A Skybridge featuring an upscale destination restaurant and lounge perched 700 feet over the city will link the two shorter towers.
There will also be a podium beneath the towers with 190,000 square feet of Class A meeting space, 12,000 square feet of food, beverage and retail space, 1,100 parking spaces, and 20,000 square feet of coworking space.
Other improvements will include construction of a 480-foot section of the Miami Riverwalk pedestrian promenade, with 50,000 square feet of new public space. There will also be a covered connection to the Metromover’s Knight Center Station.
The developers have previously said they expect to begin construction in 2025.
The developer is a joint venture led by Hyatt and Gencom.
