City has to decide where it will move its administrative offices before the developer can finalize its plans
On Tuesday, Miami residents voted to approve a referendum allowing the Adler Group to lease city-owned land along the Miami River, placing the developer one step closer to breaking ground on its multi-tower project.
But before that, the city has to decide where it will move its administrative offices.
As part of the deal, the developer will build a public riverwalk and a 230,000-square-foot administrative building. Andrew Schimmel, a senior project representative for the city of Miami, said the city is meeting with Adler as early as next week. He said once a site is selected for the city’s administrative offices then Adler can begin designing its project.
The residential, office and hotel development, designed by Nichols Brosch Wurst Wolfe & Associates, was planned to include about 37,000 square feet of retail space and a 1,000-space parking garage.
The first phase would consist of an apartment tower with more than 300 units. As part of the lease agreement,the developer would set aside 10 percent for workforce housing.
Read the full story HERE >>>> Source: The Real Deal Here’s what’s next for Adler Group’s Miami River project