“Do you support an amendment to Miami’s Charter to allow the city commission to revise the existing Riverside Wharf lease by a 4/5 vote with the following changes:

• Increasing Riverside Wharf’s base rent by 50% or fair market rent, whichever is greater
• Increasing private investment in the property from $7,000,000 to $30,000,000
• Extending the lease term by 50 years,
• Requiring that Riverside Wharf construct the project consistent with zoning, and resiliency requirements, and construct a new seawall and publicly accessible Riverwalk?”

Riverside Wharf is a world class entertainment destination situated along the historic Miami River that will propel the Miami River district to a new echelon, turbocharge the tourism and hospitality industries and attract continued growth for greater prosperity for the city’s residents.

This 200,000-square-foot, two-tower development will offer a fully immersive Miami experience anchored by the highly amenitized 165-key Dream Miami luxury hotel. It will feature the rebirth and expansion of The Wharf Miami, with 16,000 square feet of signature restaurants, a 12,000-square-foot event hall, a world-class 30,000-square-foot nightclub and rooftop dayclub, and a private marina capable of accommodating megayachts. It will also pay homage to the historic fishing culture of the neighborhood by celebrating the area’s beloved Garcia’s Fish Market with a pop-up seafood market on the grounds, where locals can get the freshest catch daily. Riverside Wharf will break ground this year with expected completion in 2025.

Our commitment extends beyond our passion for creating an extraordinary dining and hospitality complex unlike anything else the city has seen. We are sincerely invested in benefitting the surrounding community, beautifying the area and creating long-lasting economic opportunity and stability for generations to come. As stewards of this public parcel of land, we feel a great sense of responsibility to create something that will catapult this area to achieve its full potential. For that reason, we proposed an increase to our base rent so that more dollars are going to the City of Miami, which will go into effect with this vote. Our plans also include a program of community benefits including a new seawall, street improvements and resiliency measures so Riverside Wharf and the river district can serve the people of Miami for decades.

Riverside Wharf spans two adjoining parcels of land along the river, including a small parcel owned by the City of Miami. Decisions about the use of this public land is dictated by Miami’s Charter, and changes to the charter need to be approved by voters.

Yes, in 2016 voters approved our lease of the city’s land. A YES vote this year will increase Riverside Wharf’s rent being paid to the city by 50% or fair market rent if greater, and extend the term of the lease by 50 years. The result of this would equate to more money for the city, more jobs for Miami residents, a new riverwalk and public use area, and a state of the art sea level initiative with zero new taxes and zero new costs to residents.

“We are committed to transforming the Miami River district into a world class entertainment destination and realizing the shared vision for this neighborhood that the city commission, mayor and Miami River Commission have long supported. We are pleased that voters will have the opportunity in August to reaffirm their support of this vision and push forward our plans to create Riverside Wharf, an incredible entertainment district that will usher in a new era for the Miami River.

Our commitment extends beyond our passion for creating an extraordinary dining and hospitality complex unlike anything else the city has seen. We are sincerely invested in benefitting the surrounding community, beautifying the area and creating long-lasting economic opportunity and stability for generations to come. As stewards of this public parcel of land, we feel a great sense of responsibility to create something that will catapult this area to achieve its full potential. For that reason, we proposed an increase to our base rent so that more dollars are going to the City of Miami, which will go into effect with this vote. Our plans also include a program of community benefits including a new seawall, street improvements and resiliency measures so Riverside Wharf and the river district can serve the people of Miami for decades.

Since voters first approved our lease in 2016, we opened The Wharf Miami on our privately owned adjoining parcel, we delivered a one-of-a-kind open air venue that quickly became a staple in South Florida entertainment. The Wharf’s resounding success paved the way for something even bigger and better. It has attracted international attention from the world’s best innovators who believe in our vision, including the globally world class F&B operators as well as hospitality brand Dream Hotel Group, which will deliver a boutique lifestyle-driven 165-key Dream hotel as part of the Riverside Wharf development.

Riverside Wharf will propel the Miami River district to a new echelon that will turbocharge the tourism and hospitality industries and attract continued growth for greater prosperity for the city’s residents. It has been a privilege to work with the city commission and mayor throughout this process and we look forward to continuing that synergy as we endeavor to deliver this project and ensure that it’s everything Miami needs and deserves.”