Construction Update for Two Riverside Tower in Brickell

In the heart of Miami's Brickell neighborhood, a new chapter in architectural excellence is unfolding with the planned construction of the Two Riverside Tower. This 59-story edifice is not merely a building; it's a "signature development" that promises to invigorate the Miami Riverfront with its public riverwalk and ground-level commercial spaces, as per the developer's representative.

Adjacent to this site, the Lofty Brickell project is already taking shape, with its twin towers of 43 and 44 stories, housing 784 residential units, at the One Brickell Riverfront site.

The Two Riverside Tower is ambitiously designed to house 169 residential units, 1,090 square feet dedicated to commercial space, and shared parking facilities with Lofty Brickell.

The proposed riverwalk, an integral part of this development, will extend over 10 feet in certain areas, as revealed in the project filings.

In a significant step forward, the Federal Aviation Administration (FAA) has granted approval for the tower to reach a height of 731 feet above ground, or 733 feet above sea level. This approval addressed to NGD Riverfront LLC in Miami, came through in October 2023.

The Miami River Commission's Urban Infill and Greenways Subcommittee has already reviewed the proposal on October 16. The full Commission is poised to deliberate on the proposal on November 6.

For the discerning hedge fund manager, Two Riverside represents more than an architectural marvel; it is a beacon of investment potential and urban development. This project not only promises a revitalized riverfront but also signifies the strategic growth and dynamism of Miami's real estate market.