The River Landing Shops & Residences project is for H&R REIT and Urbanx Company in association with developer Matthews Southwest, a long standing client since 2009.
The project, which will be built on an 8.1-acre site along the Miami River, involves construction of two million square feet of retail and residential accommodation. There will be a five-storey shopping centre and two residential buildings featuring 475 rental apartments.
Balfour Beatty Group chief executive Leo Quinn said: “This transformational development in the heart of Miami builds on Balfour Beatty’s historical and growing relationship with Matthews Southwest as we expand on our presence in the South Florida market.â€
Construction is expected to begin late this year and is scheduled for completion in the fourth quarter of 2019. At its peak, the project will employ a team of approximately 750.
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