The globally renowned lifestyle brand Faena is set to redefine Miami’s architectural and cultural landscape with the introduction of the Faena District Miami River, a transformative multi-phase project spanning 14 acres of private parkland along the Miami River. This visionary development will expand Faena’s innovative ethos, previously established in Miami Beach, into one of the city’s most dynamic neighborhoods.
Anchoring the District: Faena Residences Miami
At the heart of the new district is the Faena Residences Miami, a landmark project designed by the celebrated Rafael Viñoly Architects. This project marks one of the final works of the late Rafael Viñoly, whose iconic designs have left an indelible mark on global cityscapes.
The twin 60-story riverfront towers will house 440 exclusive residences and are connected by a two-story, 45,000-square-foot cultural epicenter. This space will blend luxury living with cultural immersion, reflecting Faena’s commitment to fostering community and creativity.
Alan Faena, the brand’s visionary founder, expressed his intent:
“Building on the legacy we established in Miami Beach, our vision for this project is to create a community rooted in our core values—blending artistic expression, cultural immersion, wellness, and innovative design. This new Faena District on the river embodies the true essence of Faena, offering Miami’s first fully resident-centric design aimed at enhancing well-being and elevating the experience of happiness.”
Features of the Faena District Miami River
The new cultural district will span three blocks and feature:
- Cultural spaces designed for public and private events.
- Wellness facilities promoting holistic well-being.
- A marina for riverfront activities.
- Recreational areas for outdoor enjoyment.
- Public art installations to enrich the city’s cultural fabric.
The district’s unique design integrates the Miami River’s natural beauty with Faena’s artistic and luxurious approach, making it a landmark destination for residents and visitors alike.
Development Details
The project, a collaboration between Fortune International Group and KAR Properties, is set to rise at 90 SW 3rd Street. With an estimated cost of $700 million, it will play a pivotal role in enhancing the Miami River’s burgeoning reputation as a hub of culture and innovation.
- Sales launch: Q4 of 2024.
- Construction start: Late 2025.
- Completion timeline: Approximately three years.
A Testament to Vision and Legacy
Faena Residences Miami serves as a bridge between the vibrant cultural scene of Miami Beach and the evolving energy of the Miami River. The integration of Rafael Viñoly’s architectural brilliance ensures that this development will stand as a timeless addition to Miami’s skyline, while Faena’s emphasis on community and well-being reinforces its position as a leader in transformative urban living.
With its blend of luxury, art, and cultural innovation, the Faena District Miami River promises to set a new standard for modern living and community-focused design. As Alan Faena continues to push boundaries, Miami is poised to embrace a future that is both visionary and deeply rooted in cultural excellence.
Stay tuned for updates as sales open and this groundbreaking project takes shape.