River Yacht Club and
Bring Further Gentrification
of Miami River District
Legendary comedian Groucho Marx famously quipped, "I don't care to belong to any club that will have me as a member," which is why he'd likely not want to belong to the River Yacht Club.
The rest of Miami, however, might be interested in the new membership-driven culinary/lifestyle venue, set to open February 17 at 401 SW Third Ave. in the Miami River District. The luxury complex consists of a restaurant, outdoor garden, lounge, boat marina, and luxury yacht showroom (in case your annual bonus was exceptionally generous last year).
Building a tony yacht club at this particular location might seem like a gamble at first glance. Right now, the neighborhood, home to José Martí Park, holds few delights for the upscale, jet-setting crowd the club seeks to entertain. But, like much of Miami, the area is quickly changing.
In April 2015, developer Avra Jain purchased the Miami River Inn at 437 SW Second St. for $8.6 million. And the River Landing project, located at 1400 NW North River Dr., will house 475 luxury apartments, 2,200 parking spaces, retail shops, and...
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