Developers are seeking Miami voter approval for two significant projects that could transform Watson Island with new condos, hotels, and a 13-acre public park. The two proposals on the November 5 ballot represent a critical decision for the future of this prime waterfront land.
Why It Matters:
Watson Island, an 86-acre artificial island, was originally deeded to Miami for public use. For over 20 years, it has been eyed for redevelopment, and now, voters have the opportunity to approve two major projects that could reshape its landscape.
The Projects:
The two proposals involve Jungle Island on the island’s north side and vacant land on the south side, both of which promise public benefits alongside private development.
Referendum 2 — Jungle Island:
Developers ESJ Capital Partners and Terra, operating as Ecoresiliency Miami, are seeking approval to buy a portion of the 18-acre Jungle Island eco-theme park to build two condo towers while converting the rest of the land into a public park. Here’s what the proposal entails:
- Development Plan: The developers would transform five acres into two 40-story condo towers with 600 units.
- Public Park: The remaining 13 acres would be turned into a park featuring native trees, shaded walkways, and pedestrian-friendly spaces, at a cost of around $38 million.
- Animal Relocation: The animals currently residing at Jungle Island, such as lemurs, sloths, and capybaras, would be transferred to new caretakers.
- Connection to South Side: Plans are also in motion to create a pedestrian link between Jungle Island and the south side of Watson Island.
Financial Contributions:
- The developers would pay the city $135 million for the parcel of land.
- They would also contribute $2 million annually for park maintenance and an additional $15 million towards public benefits like affordable housing and infrastructure.
Referendum 3 — Watson Harbour:
On the south side of Watson Island, Merrimac Ventures and BH3 Management are proposing a new development on 11 acres of vacant waterfront land. Their vision includes two towers, along with public amenities.
- Hotel Towers: One tower would be a 375-foot lifestyle hotel, while the other would rise 535 feet as a luxury hotel, with a combined 500 hotel rooms and 100 condos.
- Public Spaces: In addition to the towers, the plan includes a 2.2-acre public promenade, waterfront shopping and dining areas, 200,000 square feet of retail and office space, and a maritime museum.
- Environmental Improvements: The developers also plan to implement resiliency measures like a new seawall, stormwater management, and protections to prevent water discharge into Biscayne Bay.
Financial Contributions:
- Merrimac Ventures and BH3 would pay the city $25 million to purchase 3.2 acres of the land.
- They would also contribute $9 million towards public benefits, including affordable housing and infrastructure improvements.
Looking Ahead:
If approved by voters, these projects will bring significant changes to Watson Island, offering new public parks and facilities while supporting the city’s housing and infrastructure needs. With the fate of these developments in the hands of Miami’s voters, the November 5 decision could mark a major step in the island’s long-anticipated transformation.
