Related Group Proposes Gallery At Lummus Parc With Twin 30-Story Towers

A Related Group affiliate has revealed plans to build the Gallery at Lummus Parc in the downtown Miami area.

Gallery at Lummus Parc is proposed to have twin towers rising 27 and 30 stories (connected by skybridge) with:

  • 439 apartments
  • 5,400 square feet of retail
  • heritage space and signature waterfront installation honoring Lummus Park, curated by HistoryMiami
  • 478 parking spaces, in a 10-level garage

Velocia will partner on the project to provide commuting and work/play transportation options and last mile connectivity to downtown Miami, in order to forestall the need for tenants to own cars.

CFE is the architect.

Related Urban Development Group would be the developer, with 20 percent of units reserved for low income and another 20 percent for workforce renters (the remaining units will have no income restrictions.

The project site is owned by Miami-Dade, and Related is asking for a 75-year ground lease, offering 16.5% of net cash flow (projected to total $239m over 75 years). County commissioners are scheduled to have a hearing on the proposal September 1.

The project cost is estimated at $151.6m, with financing said to be lined up from JP Morgan Chase, Raymond James and others (including Opportunity Zone financing).

There were two other bidders for the property – Mill Creek Residential, and Atlantic Pacific.

 

 

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Conno Sir
1 month ago

This is awesome project on the other side of I95
Beautiful

Pol
1 month ago

great project…they should aloud that hight and density across the river to little Havana.

Name*
1 month ago

Make this an affordable condo building, not everyone wants to rent

Azarius
30 days ago

Affordable condos 🤔

Anon
30 days ago

They do, East Little Havana is zoned for it

Anonymous
30 days ago

It’s only a matter of time before East Little Havana and the Roads allows similar projects in those areas!

anonymous
1 month ago

fairly standard looking development but great infill for the area. Lets see if the landlease works well for the city

popeye
1 month ago

how is that deal with FTX arena and the miami heat working out for the city?????

Riverside Resident
1 month ago

Your comparing apples to oranges. Trophy Stadium deals are different to these types of projects. The city does not have the resources nor wherewithal to manage new residential projects on its own. Look at any wholly owned public owned housing project and you’ll see why the city should steer clear.

This looks to be a promising partnership where the city can extract tens of millions of dollars, increase the tax base of the city with new residents and clear away a blighted spot on the Miami River.

Anonymous
1 month ago

Looks like related is aggressively shifting to the affordable space, which will benefit everyone as they compete with Melo and eventually drive living costs down as inventory increases.

Vince
30 days ago

Related started in affordable housing decades ago and has never stopped.

Vince
30 days ago

Well said.

Anonymous
1 month ago

Different subject for another magazine.

Name*
1 month ago

The city gets millions a year for naming rights. And the county received millions a year for various ground leases all over. Good use of Public Private Partnership.

Anonymous
29 days ago

The city pays the Heat organization every year lol what a joke. Meanwhile the back of that bay walk will never be connected or developed for public use bc of that.

Vince
30 days ago

Depends on how you look at it…
There are many land leases through out the City. Off the top of my head, Monty’s in the Grove/Marina, most of Regatta Park, Bayside Marketplace, Island Gardens, James L Knight Center, are just a few of the very large ones.

If the younger people are triggered by the City “giving away public land”, whine no longer my darling snowflakes! The land lease keeps the property ownership in the hands of the City, generates revenue for the City, and eliminates expenses for the City.

Anonymous
29 days ago

Exactly, the city got fleeced. They need to stop this nonsense from allowing it to happen. It’s what’s stopping MIA from being a world class city. Its got the least public use buildings, library, museums, etc of any of the big cities.

Melo is sigma and chad
1 month ago

The river is heating up again with developments

Shawn Kouri
1 month ago

This will allow low income families to be able to overcome obstacles and still live downtown. It also has a pedestrian bridge that will connect both towers.

Anonymous
1 month ago

I’ve been wondering about these lots for years as they’re essentially on the river and have been home to chickens…literally anything os better than what’s there now

Anonymous
1 month ago

The Miami River is a working river, lots of industrial cargo goes up and down it on barges to the airport. There are a ton of shipyards too so there’s a lot of pollution and noise from these river shipyards so the river was never a great location for housing.

Not Anonymous
1 month ago

Now that I think of it, they should change that. I would support a project to clean up the river.

Anonymous
1 month ago

I live on the river and despite all the boat and ship traffic I find it exciting and relatively clean. Can’t expect to see the bottom or pull fish to eat, but the views are great and it’s another road through the city…

Vince
30 days ago

The water is brown because of decomposing plant life draining out from the Everglades. The river bottom is not clear and sandy, it is muddy.

Of course, Wagner Creek and a few other spots where the water flow and circulation
is catalyzed by storm water run off are quite polluted, but any fish caught out of the Miami River wouldn’t kill you.

Vince
30 days ago

It is a fact that the Miami River is a working river.
It is your personal opinion that the Miami River “was never a great location for housing”.

The Tequesta Indians over 10,000 years ago, the Mary Brickell family 120 years ago, all the way to thousands of present day residents have had different personal opinions about the Miami River being a great location for housing.

Azure
1 month ago

Looks great. I like the sky bridge to the parking garage.

EJS
1 month ago

Yes! Do it! I can see this property from my terrace and I have always wondered how such a prime piece of real estate on the river next to a really nice park could be so derelict for so long (it’s a bus parking lot and an old city engineering department bldg which sits abandoned. Glad to see the city is putting it up for redevelopment.

Anonymous
1 month ago

THIS is exactly the area where affordable apartments belong. Let Brickell and Downtown shine and let’s focus affordable developments in areas in close proximity thereto.

The realist
1 month ago

There you go trying to separate communities again. You’re asking for trouble when you start to isolate the classes.

Anonymous
1 month ago

^welcome to the real world, kid

Vince
30 days ago

Hold up….Flagler Street and North River Drive is “isolated”??

Anonymous
1 month ago

better than what mill creek would have done….

Anonymous
1 month ago

IDK, I like their work in Spring Garden and Edgewater, notwithstanding destroying a historic house for the latter.

Azarius
1 month ago

Great development, that includes affordable housing options as well as last mile transit options, can’t beat that! I’m curious about the other bids

Anonymous
1 month ago

What a cluttered mess of windows and balconies that even makes Downtown 5th look as Vitruvian as the Parthenon. At the entrance to downtown from Flagler Street, too. Even with standards as low as Related for an affordable housing project, even they can do better.

Anonymous
1 month ago

I see you sure are bothered at how those windows and balconies in these renderings look, aren’t you?

Anonymous
1 month ago

No mention of a riverwalk. I’d hope this would be an important point, especially with Riverside Wharf expanding the riverwalk right next door

Name*
1 month ago

its not on the river, so no riverwalk is required

Anonymous
1 month ago

He’s ignoring the structures right in front of these buildings on the river in the first picture.

Yet Another Anonymous
1 month ago

Look how empty this skyline is between government center and world center.

Anonymous
1 month ago

That’s because they feel that the so-called ‘FREEDOM TOWER” should be protected and not blocked from the north and south views by other towers.

Anonymous
1 month ago

This is in the early stages of transformation see the RFP the county put out to develop 23 million under METROCENTER REDEVELOPMENT…yes it’ll take years, but it’ll happen.

calivalle
1 month ago

Great idea,would love an open flow to the water, it appears there are two objects hindering the views…

Anonymous
1 month ago

Haha.. he has large bay and ocean views and he’s still upset about his view of this little river being blocked.

Anonymous
30 days ago

I could swear these are the same buildings by miami Dade college.
Miami has the most boring skyline of the world.

Anonymous
29 days ago

And the most exciting people living in it like you!

Gregory Sandoval
20 days ago

Good riddance to that foolish Philip Johnson building. With it aloof sloping stone walls along the sidewalks, that building was as imperial as any fort built by the Spaniards 500 years ago.

Anonymous
1 month ago

“439 apartments with 478 parking spaces in a 10-level garage, and Velocia will partner on the project to provide commuting and work/play transportation options and last mile connectivity to downtown Miami, in order to forestall the need for tenants to own cars”

What I would like to know is why are these future tenants getting so pampered?

Phantom
1 month ago

This is trashing our city. Just another building of over priced dangerous homes

Anonymous
1 month ago

Don’t like it?.. just move to another city someplace else! Don’t you just love the freedom this country allows you?

Anonymous
1 month ago

I literally saw naked people bathing in the river yesterday near this site…that’s what I consider trashing our city. This will improve the neighborhood and overall community.