Hyatt has proposed plans to demolish and redevelop their Downtown Miami hotel location and the adjacent James L. Knight Center. The proposal, which will go in front of Miami's Waterfront Advisory Board on April 10, calls for a waterfront podium of which three Kobi Karp designed towers would rise. All of the towers would be residential with one operating as a hotel and the other two as either condos or apartment rentals. Hyatt is also seeking an extension to their long-term leas on the city-owned land.