The proposed Miami Riverbridge project would redevelop and improve the site of the former James L. Knight Center and Hyatt Regency. It represents $1.5 billion in private—not taxpayer-funded— investment. Miami Riverbridge would have three towers and include:

• Improved access to the Miami River and nearly 500 feet of rejuvenated Riverwalk, with family-friendly riverfront retail, dining and entertainment.
• A 615-room flagship new Hyatt Regency Miami hotel and 200,000 square feet of new meeting spaces
• More than 1,500 new residential apartments for Downtown Miami