Finnegan's River in Brickell Closing

Categories: News

Finnegans_River_Closes_July_2014.jpg
Finnegan's River via facebook.com
Say goodbye to Finnegan's River.

"After eight years in business, the iconic Finnegan's River is closing its doors to make room for a high rise condominium."

That's how one of Brickell's best bars officially broke the news of its closure via an email sent to New Times.

Sunday will mark the end of an era of Miami Heat mayhem and some of the wildest Winter Music Conference and year-round pool parties this side of the bridge. And in celebration of its eight years, the Magic City's "sprawling urban oasis" accessible "by land or by sea" will be bidding its adieu with a farewell party.

See also: Mova Lounge Closes: South Beach and Brickell

Ocean Drive Clevelander, the corporation behind Finnegan's River, sold the poolside bar to CG Miami River for $11.5 million, a condo developer led by the New York-based Chetrit Group, the South Florida Business Journal reports.

According to the Journal, plans to build four 60-story condos (which equals out to about 1,450 units), a marina, and a hotel are underway.

Crossfade has contacted Finnegan's for more details on the closing. We'll keep you updated on the situation over at the bar.

Given the newfound developmental awakening of Brickell, the news doesn't come as a major surprise. Back in May, Mova Lounge announced it was closing both its Brickell and South Beach locations because the Brickell outpost, which was located right above Finnegan's River, "had been purchased."

With the current high-rise construction craze hitting the city, who knows what'll become of Brickell in the next couple of years. For now, Sunday is your chance to say your final goodbyes to your favorite bar.

Finnegan's River Farewell Party. Sunday, July 27. Finnegan's River, 401 SW 3rd Ave., Miami. The party starts at 2 p.m. and there is no cover. Call 305-285-3030, or visit finnegansbars.com.

Follow Crossfade on Facebook and Twitter @Crossfade_SFL.

Location Info

Finnegan's on the River - CLOSED

401 SW 3rd Ave., Miami, FL

Category: Music


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119 comments
Marc305
Marc305

I enjoyed Finnegan's as much as anyone else, but by the comments made on this tread you would thing that the area around it is simply paradise. There is an adult store, graffiti, homeless people, and empty lots filled with trash all around it. What exactly are you trying to save? The area has become extremely valuable and that is why Finnegan's was happy to sell it.

And for those of you who keep asking why so many condos the answer is simple, because there is huge demand for them. Just because you cannot afford them doesn't mean the area should become filled with affordable housing. There are also people saying stop building condos, build markets, theaters, and stores instead. Well, lets see... just in Brickell alone you have 3 Publix markets, one on Mary Brickell Village, one on 13th Street, and one on 8th Street. In 2015 Brickell City Center will have movie theaters with stadium seating, restaurants, and stores. This project will create a Riverwalk with restaurants and bars. And finally just across the street they are building a futuristic Walgreens. I think that is plenty of businesses for such a small area that is Brickell.

Finally, if you hate traffic, you must not have googled "Manhattan of the South" lately, because that is what Brickell is, if you hate it so much all you have to do is move. 

Orlando Martinez Jr.
Orlando Martinez Jr.

Yahoo.. Keep over building for those hedge fund n over sea buyers.. While empty unit is has no value to the public whether own by an investor or a bank..

Jorge F. Jorge
Jorge F. Jorge

Yep, just what the area needs. More condos, so there can be more people, more traffic. Fantastic! (sarcasm)

Charlotte Ethel
Charlotte Ethel

So many condos. I can see 4 being built from my office window in Brickell alone.

Ozzy Yera
Ozzy Yera

Andres Grimaldo Damn for real?!?!

Meerali Patel
Meerali Patel

Liz MacDonald Hughes sad little fun fact of the day

Bradley Tuyn
Bradley Tuyn

** STOP THE MADNESS - THIS CONDO CRAZE HAS TO END ** GREEDY developers are destroying Miami's landscape and creating unbearable traffic downtown.

Isora Orue
Isora Orue

I knew that was coming. Place hardly gets packed.

Ben Abraham
Ben Abraham

...so the condo bubble's gonna burst, then who is screwed when values plunge?

Deanna Skaggs
Deanna Skaggs

The Kay '$ BANKED$ on that one I'm sure!! Lol!

Valberta Guthrie
Valberta Guthrie

The food and service sucked but the view was nice. But this condo thing is out of control! Smh

Adriana Rosa
Adriana Rosa

Roland Lopez Is this The reason for Saturdays invite?

Erin Erin
Erin Erin

Omg all the reasons we like Miami are closing. This city sucks now!

Shayla Walsh
Shayla Walsh

This is what happens when foreign investment runs a city. Miami, money laundering capital of the Americas.

Frank Castle
Frank Castle

always wanted to go there but never got a chance, damn

Alex Diaz
Alex Diaz

that's some bullshit! Monica Llanes-Diaz Chris Diaz Jesus Diaz we should hit it up before it closes!!

mrsgodoy24
mrsgodoy24

@Marc305 so much demand which is why the condos are all half empty. It might not be paradise but it was to us regulars. It's our cheers, a sense of community. How will the locals benefit from the new development? Will you stay at the hotel? No. Rent the condos? Probably not. This is a loss.

Marc305
Marc305

Thanks for sharing, great article!

Marc305
Marc305

@mrsgodoy24 @Marc305  I respect your sense of loss, but that is as far as I can agree with your comment. I have been in Real Estate since 2001, and I can tell you the whole industry is based on supply and demand. Don't believe the crap you read on the internet, the condos in Brickell are not empty, they may have owners who use them sporadically, but they do have owners. In fact the occupancy rate is close to 97%. Think for a second, if what you are saying was correct, buyers would have a lot to choose from, the prices would drop, the demand would be low and there would not be any more construction happening. But that is not the case, the demand is huge! You can be a xenophobe as to where that demand is coming from but it is very real.

And to answer your question, how will the locals benefit from all these projects? Who do you think will build and run all of these projects. As a previous member wrote...

"So the 1000's of Construction workers, Masons, Carpenters, Electricians, Carpet layers, Painters, Plumbers, Tile layers, Construction supply workers, Truckers, Cement Factory workers, Landscapers, interior designers, Furniture suppliers, Servers, Sales staff, Office workers, Clerks, receptionists, IT guys, Lawyers, Accountants, Engineers, Architects, Marketing people, Publicists, P.R. people, Marine supply staff, Dock workers and others that will directly have work because of this project and the 1000's more indirectly aren't AVERAGE PEOPLE?"

That is how locals benefit from any project. Every city needs a rich financial area, that is what Brickell is, hating on the wealthy is easy, looking at the whole picture is a little more difficult.

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