There will also be a marina on the Miami River, along with restaurants and a connection to the Underline.
In total, there will be close to 2 million square feet of development.
Marketing for the condo tower is now underway, under the Lofty brand. Buyers will be allowed to rent their units on a short-term basis through platforms such as Airbnb. Prices range from $500,000 to over $1.5 million.
Hernandez paid $50.5 million for the riverfront property and controversially evicted the KLA School that was renting a building on the site, according to the Herald. The school is reportedly challenging the eviction in court.
The location of the first tower shown in red, from Lofty Brickell’s preliminary marketing material: