NEW YORK, NY – December 20, 2021 – Celebrated hotel brand and management company Dream Hotel Group today announced plans to open a 165-key, 10-story hotel as part of a hospitality-driven entertainment complex situated along the historic Miami River in the heart of Downtown Miami, Florida. Scheduled to open in 2025, Dream Miami will be the hospitality and entertainment centerpiece of Riverside Wharf, a 200,000-square-foot, dual-tower development set to enliven the skyline in Miami’s developing residential, commercial, retail and tourist destination. The project is being led by Miami-based developer MV Real Estate Holdings in conjunction with Driftwood Capital and designed by Jon Cardello of Miami-based CUBE3 architects with landscape design by Savino-Miller Design Studios.
“Miami is a top international destination for world-class hospitality and entertainment and continues to set the bar with exciting new experiences for travelers unlike anything else in the world,” said Mayor of Miami Francis Suarez. “Dream Miami at Riverside Wharf will be an unparalleled development in the heart of Miami for visitors and locals alike, and I couldn’t be more excited to see it become a reality.”
“There is a natural synergy between Dream Hotel Group and the city of Miami,” said Dream Hotel Group CEO Jay Stein. “Our leading lifestyle brand Dream Hotels continues to expand quickly, just like Miami, offering international hospitality, vibrant entertainment and one-of-a-kind experiences sought by local residents, as well as business travelers and pleasure seekers from across the globe. We are thrilled to take part in this extraordinary project and can’t wait to open our doors in 2025.”
Located on 600 linear feet of water frontage at 114 SW North River Drive, Dream Miami will feature 165 beautifully designed guest rooms and suites and six dynamic dining and nightlife venues, topped off by an expansive 30,000-square-foot rooftop pool deck and nightclub with sweeping skyline views, creating what will be one of the largest, most impressive rooftop venues in all of Miami. The property will also offer a 10,000-square-foot event hall, state-of-the-art health and wellness facilities, and a private marina capable of accommodating mega yachts for VIP guests. Currently operating on the site is also the famous Wharf Miami restaurant managed and revitalized by Breakwater Hospitality Group.
“Our strategic partnership with Dream Hotel Group represents the values we share in contributing to the revitalization of great cities,” commented Alex Mantecon, CEO of MV Real Estate Holdings. “Dream Miami will be the centerpiece of this landmark development and is the ideal catalyst to keep transforming the Miami River into a thriving world class destination.”
Designed by CUBE3 architects, with landscaping by Savino-Miller Design Studios, Riverside Wharf reinterprets the Miami River into a vertical composition of flowing concrete forms that are carved by the river’s natural paths and movement of its water. Visitors and guests traverse up through the levels providing unique vantage points of both Downtown Miami and the River, drawing the urban entertainment out to the river’s edge, and enriching the public riverwalk. Along the street edge, a Corten steel façade and other curated materials are detailed throughout the building, paying homage to the working river’s history of rustic fishing vessels and lobster cages. The architecture is designed to engulf patrons in a unique experience that brings new life to the river.
Christian Glauser Benz, Senior Vice President of Development for Dream Hotel Group, said:
“As a local resident of Miami, I have witnessed first-hand the remarkable evolution of this area. We worked tirelessly with Alex and his amazing team to bring this incredible vision to life, and we are truly honored to be part of Miami River’s rebirth story.”
When complete, the $185 million mixed-use development will anchor the developing Miami River District, one of Miami’s fastest growing downtown neighborhoods with direct Intracoastal access to the ocean. Its proximity to Miami’s business district and other market drivers like Brickell Ave, the Marlins Park, the FTX Arena and the Biscayne Bay, will establish the complex as an amenity-rich local hub and destination, attracting Miamians and travelers alike to experience this city’s emerging area.
Riverside Wharf is slated to break ground in 2022 and will be completed by 2025.
Today’s announcement follows that of the recent signings of Dream Louisville, Dream Oklahoma City and Unscripted Oklahoma City announced last month and signals another exciting milestone in the continued growth and evolution of the company and its portfolio of lifestyle brands. With 16 hotels in its portfolio today and 20 new locations in various stages of development across the globe, Dream Hotel Group remains one of the fastest growing independent lifestyle hotel companies in the world.