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CG – Miami Riverwalk Mixed-Use Development – Florida - Project Profile

CG – Miami Riverwalk Mixed-Use Development – Florida - Project Profile

Synopsis

"CG – Miami Riverwalk Mixed-Use Development – Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "CG – Miami Riverwalk Mixed-Use Development – Florida - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Chetrit Group (CG) is planning to construct a mixed-use complex in Miami, Florida, the US.

The project involves the construction of a mixed-use complex on 4ha of land comprising four 60-story towers and a three-story building.

The project includes the construction of a 30-slip marina, a 330-room hotel, 1,678 residential units, 24,712m2 retail space (13,602m2) and office space (11,110m2), a riverfront restaurant, public Riverwalk with boat slips and other dedicated green space, a small marina and 2,000 parking spaces.

The project will be implemented in five phases. The first phase of the project involves the construction of a 56-story building comprising 334 dwelling units, 207 hotel rooms, 3,911m2 retail space and 636 parking spaces.

The second phase of the project involves the construction of a 60-story building comprising 470 dwelling units, 90 hotel rooms, 4,535m2 of commercial space and 654 parking spaces.

The third phase of the project involves the construction of a three story of a marine industrial building on the 2,465m2 area including 1,573m2 of commercial space, 892m2 of office space and 56km of Riverwalk promenade.

The fourth phase of the project involves the construction of a 60-story building comprising 510 dwelling units, 4,412m2 of office space and 698 parking spaces.

The fifth phase of the project involves the construction of a 60-story building comprising 322 dwelling units, 5,806m2 of office space and 420 parking spaces.

Raymond Jungles, Inc has been appointed as a landscape architect, Kobi Karp Architecture, and Interior Design as Architect, and JDS Development Group as the Associate developer for the project.

In June 2015, Demolition works commenced.

In October 2015, the project secured Federal Aviation Administration (FAA) approvals.

On October 22, 2015, CG secured preliminary approval for the project.

Fortune International Group has been appointed as the marketing consultant to handle condominiums sales and Ironhound as a financial advisor.

In September 2016, the project secured US$49 million loan from Natixis Real Estate Capital through Ironhound.

As of June 2017, JDS is planning to break ground on the first tower in the fourth quarter of 2017.

Scope

The project involves the construction of a mixed-use complex in Miami, Florida, the US.

The US$1,000 million project includes the following:

1. Construction of a 56-story building in the first phase

2. Construction of a 60-story building in the second phase

3. Construction of a three-story building in the third phase

4. Construction of a 60-story building in the fourth phase

5. Construction of a 60-story building in the fifth phase

6. Construction of 24,712m2 retail space (13,602m2) and office space (11,110m2)

7. Construction of restaurants

8. Construction of 2,000 parking spaces

9. Installation of elevators

10. Installation of safety systems

11. Construction of other related facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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