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Along with the epicenter of Downtown Miami, the Miami River is undergoing a complete transformation from the industrial waterway it once was to a luxury waterfront destination with yacht clubs, luxury developments, restaurants and much more—-a resurgence of the Miami River is on its way!
The Downtown Miami riverfront has undergone a massive cleanup and been beautified to help it become one of the fastest-growing desirable urban environments in Miami. Also, contributing to the renaissance of the riverfront is that more than 7,500 residential units have been developed along the river since 2000, in addition to 3,280 units and 11 single-family homes approved solely in 2015, according to the Miami River Commission. Additionally, 6 restaurants and 550 hotel rooms were approved in 2015 along with a 1.5-acre waterfront linear park.
Developers have realized that this natural asset has been underutilized and is perfectly located to create a waterfront residential and culturally-dynamic urban development, especially with beachfront and bayfront properties becoming more expensive and in short supply.
A few developments that are creating much excitement in the area are the River Yacht Club, multi-billion-dollar riverwalk projects and a luxury condo development, One River Point.
One River Point
One River Point is an exclusive Douglas Elliman development. If you are interested in purchasing a luxury condo at One River Point, please contact Michael Light of Douglas Elliman. You may reach me directly at my office at (305) 350-9842, on my cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
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