County grants River Landing 1.5 acres for linear park

Miami /
Jul.July 01, 2015 09:45 AM

The Miami-Dade County Commission gave 65,340 square feet of waterfront land to a nonprofit affiliated with the developers of the $300 million River Landing so that it can be turned into a 50-foot-wide linear park.

The land transfer occurred around midnight on June 30 following a busy day at the Stephen P. Clark Center that dealt with sheltering downtown Miami’s homeless, making marijuana possession a misdemeanor offense, cab drivers protesting Uber, and an appeal over the historic designation of the circa-1958 Bay Harbor Continental.

Located at 1280 Northwest 11th Street, the land given to the River Landing project, now used as a parking lot, has been appraised as high as $4.9 million, according to a county memo. But for the transfer to be final, River Landing’s developers, Andrew Hellinger and Coralee Penabad, must invest $4 million within three years on greenway and seawall improvements. River Landing’s lobbyist, Brian May, said his clients also will be prohibited from developing the donated land.

“It can only be used as a park,” May promised. “There can be no building, no Starbucks, no nothing. This is meant to be a riverwalk.”

When completed, River Landing will include include 426,000-square-feet of retail, 475 apartments and more than 2,200 parking spaces. The project had already received $7.5 million from the county’s Economic Development Fund on March 4.


Related Articles

arrow_forward_ios
A rendering of the monorail

Miami-Dade approves interim contract for monorail to Miami Beach

Miami-Dade approves interim contract for monorail to Miami Beach
River Landing, Andy Hellinger and Coralee Penabad

Years in the making, $425M mixed-use Miami River development opens

Years in the making, $425M mixed-use Miami River development opens
Terrazas Miami (Google Maps, iStock)

Miami River condo association alleges $10M in defects: lawsuit

Miami River condo association alleges $10M in defects: lawsuit
Edgardo Defortuna, Joseph Chetrit and a rendering of the project (Credit: JDS Development Group)

Fortune sues Chetrit over stalled Miami River project

Fortune sues Chetrit over stalled Miami River project
Brillhart House in Miami (Credit: Google Maps)

Does it come with a ramp? Skateboarder buys Miami Brillhart house

Does it come with a ramp? Skateboarder buys Miami Brillhart house
Susan Gale and 1671 Washington Avenue

Blue Road lists South Beach hotels and Miami River land for $36M

Blue Road lists South Beach hotels and Miami River land for $36M
Illustration of Developer Bob Zangrillo and a rendering of the project

Bob Zangrillo is out at Avra Jain’s Miami River project

Bob Zangrillo is out at Avra Jain’s Miami River project
From top: Miami Produce Center, Mana Wynwood and Magic City Innovation District

Miami board votes to repeal Special Area Plans

Miami board votes to repeal Special Area Plans
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...