555 River House is Coming to Miami
The distinguished architect Carlos Zapata is designing a new project called 555 River House in Miami, and it promises to change some of the Miami River area. With 175 hotel rooms and only 39 residential units, apartments will be sold at an average price of $1 million to $1.5 million ($1,150 per square feet).
Sixty Hotels will run the hotel rooms and brand the residential units. Residents will share amenities with hotel guests. Another architect for the project is the office of O’Donnell Dannwolf and Partners.
The project will also include:
Three separate buildings
600-foot public riverwalk
120,000 square feet of office
35,650 square feet of retail
Ten boat slips
416 parking spaces
The design includes green walls and a transparent parking construction to allow for natural light and breezes. Stell and concrete will be used to create a reflective glass structure.
The Miami River Commission will review the plans on June 3; the subcommittee approved the plans earlier this month. Groundbreaking is proposed for January 2020 and residential units won’t be sold before then.