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Here's What the Miami Riverwalk Development Replacing Finnegan's Will Look Like

Categories: Unreal Estate

miamiriverwalk.jpg
Yesterday came confirmation of the long-simmering rumor that Finnegan's River will be shutting down to make room for yet more condo development. Today comes images of what the planned development, Miami Riverwalk, will look like.

According to exMiami, Riverwalk will consist of four individual 750-foot high tower, with about 1,772 residential units, 360 hotel rooms, over 100,000 square feet of office space and about 180,000 square feet of retail between them. Though, the crown jewel is the actual walkway along the Miami River.

The project is backed by developers Chetrit Group and designed by local architect Kobi Karp.

See also: Finnegan's River in Brickell Closing

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The current plan calls for the construction to be done in phases, with the actual river walk being completed in the middle of the project.

Developers also hope to apply for a 'Special Area Plan' exception, so that the development doesn't need to meet all the requirements of the Miami 21 development plan.

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Curbed Miami has more images.

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69 comments
samueljackson864
samueljackson864 topcommenter

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birdieshammond
birdieshammond

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 My neighbor's half-sister makes $82 every hour on the laptop . She has been out of a job for 8 months but last month her pay check was $18962 just working on the laptop for a few hours. go...........>>>WWW.JOBS333.COM

Carl Snyder
Carl Snyder

more traffic, more congestion, more fatalities when a category 5 hits....and underwater in 25 years!

David Mojica
David Mojica

All these don't seem to understand the city is growing and as a result prices go up. If you can't afford it step your game up!!

José Morales
José Morales

Este estafador es Jesús Chávez Castañeda, conocido estafador panameño de origen venezolano. Su modus operandi es vender dólares de manera fraudulenta. Actualmente vive en Miami, Fl. Estafó múltiples personas en Panamá. Se viste bien, anda en buenas camionetas y engaña fácilmente a sus víctimas. Mosca gente de Miami, este estafador es peligroso. Recuerden, Jesús Chávez. Su esposa Paola es su cómplice, al igual que su novia en Medellín, ambas se prestan para la sinvergüenzura. Estaba solicitado por el cartel de Colombia y logró huir a USA. Vive en 1750 NW 107Av, Torre M, Apt 215, Miami, Fl 33172. Actualmente abrió en Miami una empresa denominada Panaven, pudiera ser una estafa, al igual que las otras que posee. Es dueño de una empresa denominada Little Baby, CA; es una mampara para el fraude en la venta de dólares. Cuidado, repito, es peligroso

Armando Castillo
Armando Castillo

Jesus H. Christ Miami!!.....Don't you guys get it yet?.....You're just building million dollar condos on the LITTLE waterfront we have left...for rich Venezuelans, and Brazilians to play in.....condos that the typical Miamian cannot even afford to look at.

gadli.sharma012
gadli.sharma012

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Betty Alvarez
Betty Alvarez

Ah? Why? We can't affort our rent anyways and now more condos for out of towners. Is downtown the new Manhattan?

Marc305
Marc305

Some of the comments here are right down ignorant when it pertains to Brickell and notice I said Brickell not Miami. I have been doing Real Estate full time since 2001. The Brickell buildings are NOT empty (they may have owners who use them sporadically, but the units have owners). If you still argue this point you are not only a moron, you are also delusional. Think for a second! Real Estate is governed by supply and demand. If there was no demand there would not be any construction, period. You can be a xenophobe and argue where that demand comes from, but nevertheless it is a demand. Developers learned their lesson from the crash of '07 when they were selling units for 5% down and 95% finance. They now require 20% at contract, 15% after 120 days and 15% after 240 days. This means that at the very least 50% is real cash not a loan, with many buyers paying the entire amount in cash at delivery. Riverwalk will be a nice addition to both City Center and Mary Brickell Village; and it will improve an area that really needs it. If you cannot afford to live there, that is your tough luck, thousands of people from all over the world can and will.  

Eli Campos
Eli Campos

Jennifer more condos not meant for us!

Phil Ramirez
Phil Ramirez

the funny thing is that PR people try to sell Miami as the new or next Monaco! Once you venture 1" away that perimeter of west of I-95 and past that Metrorail curve at the Overtown station, that's it... THAT'S THE REAL MIAMI! With that strategy, non-locals might think they venture into another South Beach with Europeans walking to their cafes or bookstores, strolling with their Beverly Hills-like pooches, etc. Most people who live in Brickell are the professional MBA-holding youth waiting out to either buy a house in Broward or get the fuck-out-of Miami, and the rest as an investment property or their lover's dwelling (or a well-off "Cliniquero", who's done well by keeping his hustle in Dade County). Some buildings have turned into a Hi-Class Hialeah.

Sarahi Menendez
Sarahi Menendez

Who cares how it would look if locals can't afford them. Yes lets keep selling Miami to the foreigns!!!

Michael del Vice
Michael del Vice

We need a dry storage marina....how can grove harbor and Miami beach be the only 2 options. Boooooo!!!!

Phil Ramirez
Phil Ramirez

Ocean Bank?!?! That's the only one left from the Cocaine era... Go figure! Great Western and the likes, are just extint.

Phil Ramirez
Phil Ramirez

Johnny, given the surrounding blight, is as expensive. Of course, I'm using SoFi as a reference but imagine Allapattah or Saguesera asking for The Roads-like rent... That's what I mean!

Mich Brown
Mich Brown

Google pay 85$ per hour my last pay check was $8500 working 100 hours a week online. My younger brother friend has been averaging 12k for months now and he works about 22 hours a week. I cant believe how easy it was once I tried it out. This is what I do www.keptcash.comONLY Don’t include ONLY

Johnny Betancourt
Johnny Betancourt

Phil Ramirez rents in brickell, midtown, downtown miami are not the same as sofi.

Phil Ramirez
Phil Ramirez

So downtown and Biscayne Blvd are infested with Chinese oligarchs...

Phil Ramirez
Phil Ramirez

Condos WHERE, heather... Sunny Isles, Bay Harbour, Douglas Road in Gables?!?! Sure, but not downtown or Brickell in its entirety. U ever driven downtown at night? Is like taken from a page from the "THRILLER" video!!

Heather Mallon Dobos
Heather Mallon Dobos

you do realize that the condos now have occupancies above 85% due to the Chinese?? I don't see the prob with the condos starting at 500k, although it would be nice to have an option for maybe 250k for some 2/2

Manny Ingco
Manny Ingco

Phil ..I've looked the is no way your getting a decent property in the Roads under 700k. Most of these condos built will be in the 500s. Also most properties in Shenandoah and silver buff are 50+ years old and not many people want to do a rebuilding project. This is still being built south of the river if you examine it... which still makes it brickell. I agree the government does need to build affordable housing but you need money aka taxes todo this. The taxes from the sale alone should give the city of Miami much needed revenue.

Jean Peña
Jean Peña

One day, one day our people will wake up and I want to see where all this developer will go!

Phil Ramirez
Phil Ramirez

Nobody has articulated the condo bust, better than New Times' own, Gus Garcia-Roberts: "...that skyline comprised of almost empty buildings, sits as a remnant of an era THAT NEVER HAPPENED." Unless you're a Hialean argument lover/fuck'ole, that line in itself settles ANY intellectual score.

Phil Ramirez
Phil Ramirez

That area's still a dump! And this is not an issue like the one Cristina states... If you UNDERSTAND money, there's no fucking way anyone would shell that kind of money on a downtown condo, for the same price that a house on The Roads, Silver Bluff or Shenandoah. There's no way! North of the river is not Brickell, the same way that 5 mile radius from SW 32nd avenue west to Douglas Road ain't "EAST CORAL GABLES", bullshit!!

gabrielMiami
gabrielMiami

I don't mind the new condos or the prices as much as the Home Owner Association fees that come with the ownership.  These can run anywhere from $1,000.00 a month to the sky is the limit.  The average increase per year is 3 to 5% and this never goes away.

Tony Prieto
Tony Prieto

How many times is the New Times going to tell the people that they can't afford to buy a condo on Brickell?! Are the writers at the New Times gathering up their nickels to share a condo, so they can look down on everyone else? We get it, they keep building condos for foreigners!

Cristina Ojeda
Cristina Ojeda

so basically, no one that lives & works in miami can actually LIVE and WORK in miami... brilliant

Phil Ramirez
Phil Ramirez

As long S there's plenty of cash to be laundered, willing commissioners who get their cut on the side and some tycoon securing land with this bullshit condos, what would make any of you think developers will pay a visit to Camillus House or PORK & BEANS?!?!

Homer Steel
Homer Steel

That's just Great, and MORE reasons to make Miami even MORE expensive. -_-

Amy Rodriguez
Amy Rodriguez

To benefit who, the developers. With so much need for affordable housing, with so much need of lo-income housing why build high rises, condos that many cannot afford to live in. I recommend that all the developers take a tour of all the homeless shelters in Miami Dade so they can see the reality of how much need there is, and how many families can benefit from low-income and affordable housing.

Phil Ramirez
Phil Ramirez

there's no way you can charge SoFi or Brickell rents, 1" north of Calle Ocho & Miami Avenue.

Phil Ramirez
Phil Ramirez

are those buildings being erected in Overtown or Highland Park?! NO! Most people I know, are just waiting patiently for their leases to expire and migrate further South to Brickell or The Roads. High Occupancy?!?! Manny... We all speak FOX News too, u know. That PR won't work in this thread.

Marc305
Marc305

So let me get this straight, if it was up to you, you would have all of Brickell be affordable housing? Every city needs a financial wealthy district and that is exactly what Brickell is.

gregory.7222
gregory.7222

Maybe they don't want a bunch of section 8 tenants destroying their buildings.

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