Two bids have been submitted for Miami Riverside Center located at 444 SW 2nd Ave along the Miami River, according to The Miami Herald.

The June 20th deadline to submit a bid for the 3.15 acre site were received by Adler Group and Panther Capital LLC. 

Adler Group is developing the 34 story rental Riverside Tower next door.

The City of Miami is looking to sell the property and hoping the the buyer will build a new 375,000 square foot building at a new site possible next to Marlins Park or next to The Lyric Theater in Overtown.