Chetrit Group

Buildings & Houses Demolished At Miami River Site

The Pleasure Emporium Demolished

The Pleasure Emporium Demolished

After receiving approval from the Urban Development Review Board, demolition has begun at the Miami River site located just East of I-95 and along the Miami River.

The buildings on the site that were demolished include the Pleasure Emporium III, Sir Speedy and several single family homes. Currently Finnegan's on the River and a few boating stores remain on the site closest to the river and should be demolished soon. 

The Miami River site is part of the transformation of West Brickell and will be built in five phases of construction. 

Renderings of the project can be seen here.

Fairwind Hotel Undergoing Renovation

The Fairwind Hotel On South Beach

The Fairwind Hotel On South Beach

Constructed in 1936 by famed architect L. Murry Dixon, The Fairwind Hotel (Originally Fairmont Hotel) is undergoing a renovation after being abandoned for awhile. 

The building was purchased in July 2012 for $14.5 million by Chetrit Group, who are also in the middle of developing the massive Miami River project.

The original redesign of the building called for three additional guest rooms in the back along with an outdoor patio and rooftop decks. 

No word on whether they are keeping with these designs or altering them in any way.

Original Designs

Miami Riverwalk Now Called Miami River

Chetrit Group's Miami River Project

Originally called Miami Riverwalk, Chetrit Group has now decided to call the massive 4 60 story towers Miami River, according to Miami Today.

Phase one of the project will include one tower with 368 residential units, 150 hotel rooms and over 50,000 square feet in commercial space. 

Originally, improvements to the riverwalk which would connect under the bridge to Latitude on River was to be done in phase 3, but Miami Commissioners want work to be done right away. 

Currently, this is what the area looks like now.

Chetrit Group's Miami Riverwalk Going Under Commission Review

Overview of Miami Riverwalk Site In Brickell

Overview of Miami Riverwalk Site In Brickell

Plans for Chetrit Group's Miami Riverwalk have been slightly altered before going under commission review, according to exMiami.

Revised plans call for public money totaling $22 million, which will include rebuilding the riverwalk and reconfiguring an exit off of I-95.

Currently, most of the houses and buildings on the site are boarded up with only a few businesses open before they have to vacate. Finnegan's on the River has been closed and workers are dismantling the site. 

Renderings of the project can be seen here.

 

More Details on Chetrit Group's Miami Riverwalk *Updated*

Location of Chetrit Group's Miami Riverwalk Project

Location of Chetrit Group's Miami Riverwalk Project

More details have emerged on Chetrit's Group Miami Riverwalk from Miami Today.

Since announcing their plans to build four 60 story towers, which will include 1,762 units, 246 hotel rooms on 6.5 acres of land, Chetrit Group has bought land around the area including the bar Finnegans on the River.

Miami architectural firm Kobi Karp is designing the project, which will be done in 5 phases. Included under phase 3 will be the addition of a public riverwalk that will connect to the condo Latitude on the River, on the other side of the bridge. Also interesting is that they will be creating a new street in the middle of the whole project.

The project is located on an emerging part of town that is just east of I-95, a few blocks west of Brickell City Centre and across the street from a Walgreens that is soon to begin construction

*Updated*

Chetrit Group has revealed renderings of the Miami Riverwalk project from the architect Kobi Karp. Renderings via exMiami

Chetrit Group Acquires Finnegan's on the River Bar

Site For Planned Riverfront Condos

According to SFBJ, New York developer Chetrit Group has bought the Finnegan's on the River bar located on the Miami River next to I-95 for $11.5 million. 

In May, the Chetrit Group unveiled plans for four 60 story condos that would have 1,449 units and include office space, retail and restaurants.

Chetrit Group Plans Miami Riverfront Condos

Site for the Planned Riverfront Condos

New York developer Chetrit Group has unveiled plans for four 60 story condo along the Miami River, which will also have retail, office space, a hotel, riverfront restaurant, small marina and a public river walk. The condo would have 1,449 units. 

Located east of I-95 on 6.5 acres between SW 7th St, SW 3rd Ave and SW 2nd Ave, the new development would force the relocation of four businesses including Finnegan's on the River, according to Miami Today

Miami Today reports that the Chetrit Group would seek a Special Area Plan, "to allow sites greater than 9 abutting acres to be master planned to allow greater integration of public and private improvements and infrastructure “and greater flexibility so as to result in higher or specialized quality building and streetscape design within the Special Area Plan.”

To reach 9 acres, the site would also have to include some of Jose Marti Park and the baseball diamond.