The Wharf Miami will soon turn into something much bigger.
This month, Miami developer and Breakwater Hospitality partner Alex Mantecon and Breakwater co-founder Emi Guerra announced their partnership with Driftwood Capital for Riverside Wharf, a large-scale entertainment complex located along the Miami River where it is located. currently finds the dock. Nitin Motwani, developer of Miami Worldcenter Associates and managing partner of Merrimac Ventures, is also a partner in the project.
Riverside Wharf has been in the works for a long time, says Alex Mantecon New times, describing a series of moves that have included five acquisitions over the years and culminated in a long-term lease obtained in 2016 for the plot of land adjacent to Wharf Miami.
“From there, we started to come up with ideas for what the project might look like,” says Mantecon. “One thing we always looked at was a hotel, and we’ve been working with the city to get the approvals in place over the past few years.”
At ten stories, the $ 185 million mixed-use development will stand on the current site of the Miami Wharf and the adjoining vacant lot. The 1.5-acre, 200,000-square-foot, two-tower development is expected to lead the way in 2022, with a planned completion date of 2025.
During 2022, the team promises that the wharf will remain open during the early stages of construction.
“The wharf was always going to be temporary. When we first acquired the site, there was no real story to see if this would be a successful location for what we were hoping to do here.” , reveals Emi Guerra. “We never knew how long it would last, but we consider ourselves lucky that the dock lasted so long. Plus, we’re excited to be able to develop the concept into something more permanent.”
Guerra says the team plans to preserve what Miamiams know and love about the dock, with stunning river views along an extended boardwalk and several outdoor cooking activations.
“It will be better built than the current layout and hopefully become a staple that serves as a cultural hub connecting the entire Wharf Riverside complex,” Mantecon promises.
He says Riverside Wharf will be an entertainment destination that serves to uplift the entire Miami River District.
“We’re trying to create a legacy project that will be transformative, with everything from morning activations to late night entertainment,” Mantecon said. “It will be like nothing Miami has ever seen.”
Designed by Jon Cardello of Cube3 Architects with landscaping by Savino Miller Design Studio, the resort will feature the reimagining and expansion of Wharf Miami in addition to a 165-room luxury hotel, several signature restaurants, a banquet hall , a nightclub and rooftop day club, and a private marina that can accommodate mega-yachts.
The plan includes a long-term deal with Dream Hotel Group, which operates properties in New York City, Los Angeles, Miami, Bangkok and, most recently, Nashville.
The resort will also be home to at least two stand-alone dining establishments, as well as several on-site dining and beverage options.
“We are currently in talks with food and beverage offerings, with the idea of bringing in premium, world-class concepts to lead the project,” Mantecon said. “We want to make sure we get it right.”
Guerra names a potential tenant: a satellite location of the Garcia Fish Market, with a smaller establishment and retail market that the group says will pay homage to the property’s commercial fishing history.
“What makes this whole project unique is the marina. There really isn’t a place like this in South Florida where you stop in your yacht, go to a restaurant, go to a club, then get back on your boat and go, ”Guerra said. . “That’s really what sets him apart.”
Mantecon adds, “We’re excited to finally be able to make Miami’s dream and vision come true for its riverside entertainment district that until now has been historically vacant and underutilized. ”
Breakwater Hospitality Group operates the Wharf Miami, Wharf Fort Lauderdale, Rivertail, Ch’i in Brickell and the Piefather. In 2022, Breakwater will reopen the much-loved Coral Gables JohnMartin’s Irish pub.