Green Light for $2B Miami Mixed-Use Project
Midtown Park will include more than 900 condos plus a variety of commercial space.
A new $2 billion mixed-use project is set to take shape in Miami, after development partners Rosso Development, Midtown Development and Proper Hospitality have received city approvals from the City of Miami’s Urban Development Review Board.
Project plans were first unveiled earlier in April this year, representing Proper Hospitality’s second residential development and its first in metro Miami.
The development team behind the project consists of Meyer Davis Studios as interior designer, Naturalficial as landscape architects and Arquitectonica as architect of record. Fortune Development Sales is in charge of sales at the mixed-use project. Starting prices for condo units at the recently approved project will start in the lower $600,000 range.
A master-planned neighborhood in Midtown Miami
The master-planned development is set to rise on five acres in Midtown Miami and will be designed as a walkable neighborhood between Wynwood and the Design District. Plans call for a total of 924 condominiums, 60,000 square feet of office space and more than 120,000 square feet of retail spaces, anchored by two public plazas.
The master-planned project will be developed in two phases, with completion scheduled for 2028. Dubbed Midtown Park, it will also include a network of pedestrian-oriented spaces such as parks and streetscapes, prioritizing walkability.
The project’s first phase consists of a 288-unit, 28-story condominium building, rising at 3055 N. Miami Ave. It will be close to interstates 95 and 195, 3 miles from downtown Miami and 6 miles from the city’s international airport.
Midtown Park will include two 28-story towers, two 17-story buildings and a low-rise retail property as well as a temporary two-acre Ultra Padel pop-up club. This marks the activation of the Southern portion of the master-planned project, with the Ultra Padel club being the largest one in the U.S., later to be permanently integrated into the development when Phase Two will commence.
READ ALSO: Miami Luxury Condo Market
Residences will come in studio, one- to -three-bedroom units, as well as a penthouse collection. Apartment features include 9-foot-plus ceiling heights, wrap-around balconies with glass railings, floor-to-ceiling windows and sliding doors, kitchens with Italian cabinetry and primary bathrooms with double showers. The development’s amenity package will be spread across the building’s first seven floors. These will include a 5,000-square-foot lobby and art gallery space, a ground-floor cafe, while the seventh floor will include a heated 60-foot swimming pool with landscaped views, a spa pool with outdoor seating, private gardens and a pickleball court with an outdoor kitchen area.
Resident services include a calendar of social gatherings, wellness and fitness activities, on-demand services such as grocery, delivery, housekeeping and more, spa and access to other services within the Proper Hospitality Portfolio.
Booming condominium pipeline in Miami
The Miami condominium market includes recent new additions, One of them is Newgard Group and Two Roads Development’s One Brickell Riverfront, a 784-unit, two-tower project. The developers recently secured $513 million in construction funds, representing one of South Florida’s largest construction loans this year.
Earlier this month, developers Merrimac Ventures and Aria Development Group topped out a fully sold-out, 32-story condo development. Scheduled to open in 2026, the project known as 600 Miami Worldcenter will include 606 residences.
Meanwhile, Grupo T&C’s Edge House Miami, a 608-unit luxury condo project in the city’s Edgewater neighborhood, got city approvals in September.
