Two Big New Miami River Projects Gearing Up to Launch Sales

June 21, 2016

Chetrit Group’s Miami Riverwalk.

The Chetrit Group and Coto family are preparing to launch residential sales for their respective projects not too far from each other on the Miami River. Real Deal heard from Chetrit’s attorney Melissa Tapanes Llahues that the ginormous megaproject, tentatively known as Miami River or Miami Riverwalk, will launch condo sales “in a couple of months.” Fortune International Group will be the brokerage. Tapanes Llahues also said a “very cool” hotel brand will soon be announced for the four-towered colossus.

Meanwhile, over on the $100 million acre, the three-level former Epic East sales center is not being demolished as everyone thought, just gutted and converted to a new sales center. The Coto family is spending a whopping $820,804 on the redo, creating what looks to be one hell of a showcase for the new tower from pictures over at The Next Miami. The future building doesn’t have an official name yet, but everyone has been informally calling it ‘Lighthouse Tower.’ Update: The tower being developed by the Coto Family has officially been named Aston Martin Residences. It will include 391 ultra-luxury condo residences.