New Hotel Developments Impact Density in Brickell and Downtown
A pipeline of 98 hotels in Miami-Dade, including the House of Wellness, is set to increase local density and hospitality capacity in Brickell and Downtown.
Expansion of Hospitality Infrastructure
New large-scale hotel developments are set to increase the density of the local hospitality landscape in Brickell and Downtown. According to Miami Today, Miami-Dade County has 98 hotels in a pipeline that could add 20,172 rooms to the local supply. Of these planned projects, 20 are located in Miami Beach, while 20 are currently under construction.
The pipeline features a variety of scales, with a mean of 206 guestrooms and a median of 160 rooms per project. For residents and investors in the Brickell area, the House of Wellness—a 43-story, 832-room project located at 152 SW Ninth St—represents a significant addition to the local skyline.
Impact on Local Neighborhoods
In the Downtown area, the Hyatt Regency Miami Riverbridge is planned for the site of the current Hyatt Regency. This 62-story, 615-room hotel will replace the existing structure. Other significant projects in the region include the Grand Hyatt Miami Beach Convention Center Hotel, a 17-story, 800-room project currently under construction, and the 750-room Miami Freedom Park Hotel planned near Miami International Airport.
Additional projects in the pipeline include the Westin Miami Airport Hotel, a 546-room project on the grounds of Miami International Airport, and a 2,000-room hotel for the American Dream Mall Miami in Northwest Miami Dade.
Nearby Residential Inventory
For those looking at residential options near these new developments, several buildings offer proximity to the growing hospitality hubs. The House of Wellness is located just steps away from Smart Brickell and Brickell Heights.
While the House of Wellness currently has 6 active listings from $599,900, nearby Smart Brickell offers 8 active listings from $500,000. Other nearby options include Brickell Ten with 8 active listings from $579,000 and Nine at Mary Brickell Village with 17 active listings from $510,000.
For those looking for a different atmosphere, Edgewater currently has 326 active condo listings, with a median asking price of $944,500.
Sources
Miami Today: 20 hotels in construction in Miami-Dade, 78 more wait in wings — https://www.miamitodaynews.com/breaking/20-hotels-in-construction-in-miami-dade-78-more-wait-in-wings/
Frequently asked questions
How many hotel rooms are expected to be added to the Miami-Dade County supply?+
The pipeline of 98 hotels could add 20,172 rooms to the local supply.
What are the details of the House of Wellness project in Brickell?+
The House of Wellness is a 43-story, 832-room project located at 152 SW Ninth St.
What is being built at the site of the current Hyatt Regency in the Downtown area?+
The Hyatt Regency Miami Riverbridge, a 62-story, 615-room hotel, is planned to replace the existing structure.
What are the starting prices for residential units at Smart Brickell and Brickell Ten?+
Smart Brickell offers active listings starting from $500,000, and Brickell Ten offers active listings starting from $579,000.
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