Riverside Wharf secures $145 million construction loan
The Miami River project is moving toward vertical construction, with a Dream Hotel, restaurants, nightlife and a public riverwalk planned.
Driftwood Capital, MV Real Estate Holdings and Merrimac Ventures closed the Centennial Bank loan for their $350 million project at 114 SW North River Drive. Plans include a 167-room Dream Hotel, 16,000 square feet of restaurant space, an event hall and the return of The Wharf Miami. Completion is scheduled for fall 2028. The financing supports construction; the venues are not open yet.
Our read
Operators serving the Miami River should watch tenant announcements and construction timing before planning around the additional visitors.
Sources
- Florida YIMBY · Oct 27, 2026
Checked Oct 30, 2026Published here Oct 30, 2026