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RLC – River Landing Mixed-Use Development – Florida - Project Profile

RLC – River Landing Mixed-Use Development – Florida - Project Profile

Synopsis

"RLC – River Landing 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 "RLC – River Landing 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

River Landing Development LLC (RLC) is undertaking the River Landing mixed-use facility in Florida, the US.

The project involves the construction of a mixed-use facility on a 7.5ha area. The project includes the construction of 507 residential units, two 12-story towers, a five-story retail center, office facility, health club, furniture store, a junior anchor store, waterfront restaurants, and 2,200 parking facility, and the installation of elevators, safety and security systems.

ADD Inc. along with HGTV has been appointed as the architect, Savino Miller Design Studio as the landscape architect, Suffolk Construction Company, Inc. as the enabling contractor and Hellinger Penabad Companies as the developer for the project.

In May 2013, the project received final approval from the Miami City Commission.

In April 2014, RLC secured US$38 million construction loan from Eastwatch Holdings-T, an affiliate of NorthStar Realty Finance.

In February 2015, pre-construction works commenced.

On March 3, 2015, Miami-Dade County Commission approved US$ 7.5 million for the project. However, Eastwatch Holdings T LLC, an affiliate of Northstar Realty Finance, has filed a foreclosure lawsuit against RLC.

In February 2017, the project is facing delay due to legal and financial issues.

On July 17, 2017, ground breaking ceremony was held on retail center marking the start of construction and slated for completion by October 2019.

Scope

The project involves the construction of a mixed-use facility on a 7.5ha area at 1480 N.W. North River Drive, in central Miami, Florida, the US.

The US$380 million project includes the following:

1. Construction of 507 residential units

2. Construction of two 12-story residential towers

3. Construction of a five-story retail center

4. Construction of office facility

5. Construction of health club

6. Construction of furniture store and junior anchor store

7. Construction of water-front restaurants

8. Construction of 2,200 parking facility

9. Installation of elevators

10. Installation of safety and security systemsReasons 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.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix

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