The Wharf, a popular riverfront hangout in downtown Miami, will soon be rebuilt, according to newly submitted plat documents.
According to the documents, the new development will include:
7,000 square feet of retail
20,000 square feet of restaurant
50,000 square feet of office
Alex Mantecon, who controls the developing entity, signed the documents last month.
In 2016, voters approved turning over a portion of the land where the project will be built to the developer. In exchange, the developer committed to build at least $7 million in privately funded improvements including the construction of restaurants and the continuity of the public Miami Riverwalk. $195,500 in minimum rent is to be paid for a term of 30-50 years.
Renderings shown prior to the 2016 voter referendum: