Faena Expands Vision to Miami River with New Cultural District and Residences

Published on October 23, 2024

The Faena brand, renowned worldwide for its distinctive lifestyle offerings, is set to broaden its influence with the development of the Faena District Miami River. This ambitious expansion moves from the shores of Miami Beach to a vibrant cultural hub nestled in Miami’s only 14-acre private park by the Miami River.

Anchoring this expansive project is the FAENA RESIDENCES MIAMI, a signature riverfront venture designed by the globally celebrated Rafael Viñoly Architects. Marking one of the final projects by the late Rafael Viñoly, this development stands as a testament to his impactful architectural vision, seen in cityscapes around the globe. The project features 440 luxurious residences spread across two prominent riverfront towers, linked by a cultural center spanning 45,000 square feet over two floors, showcasing Faena’s commitment to blending artistry with living spaces.

“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,” said Alan Faena. “This new Faena District on the river embodies the true essence of Faena in one of Miami’s most vibrant neighborhoods, offering Miami’s first fully resident-centric design aimed at enhancing well-being and elevating the experience of happiness.”

Spanning three blocks, the Faena District Miami River will incorporate a variety of cultural venues, wellness centers, a marina, recreational zones, and public art installations. This new addition is poised to significantly enhance the local area, weaving a richer cultural tapestry and bridging connections with the Faena District in Miami Beach. It aims to nurture a sense of community and creativity, providing expansive cultural opportunities for its inhabitants.

The project is a collaboration between Fortune International Group and KAR Properties and is located at 90 SW 3rd Street, Miami. Prospective buyers can look forward to the launch of sales in the fourth quarter of 2024.