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Florida & Gulf Coast  + South Florida  + Hospitality  | 
Hyatt and Gencom are proposing a three-tower redevelopment along the Miami River with hotel, residential units and meeting space.

Hyatt, Gencom Propose Mixed-Use Development to Activate the Miami Riverfront

Hyatt and Miami, FL-based Gencom have formed a venture with the goal of redeveloping downtown Miami’s Hyatt Regency Miami, improving access in and out of the urban core and activating a key piece of Miami’s riverfront.

The venture proposes a privately funded redevelopment that will comprise a reimagined Hyatt Regency hotel with meeting space, more than 1,500 residential apartments and open-air public space along the Miami River.

Plans for the site include three towers. Towers one and two, rising 61 stories, will include 682 multifamily apartments, a 615-room Hyatt Regency with over 100,000 square feet of meeting space, and 264 serviced apartments. Tower three, which is anticipated to include 860 residential apartments, will become one of the tallest buildings in South FFL.

The towers will sit atop a podium structure housing 190,000 square feet of Class A meeting space, which represents a 50% expansion of that currently within the James L. Knight Center.

If approved by voters in November 2022, construction on the Hyatt Regency Miami site is expected to begin in 2025.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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