Plans to develop a vacant site in Midtown Miami have been announced, including a tower by Proper Hospitality.
The new $2 billion mixed-use development will be set on 5 acres where Walmart once planned a store that was never completed.
It will include lush open areas, including two public parks and pedestrian paseos, connecting Midtown to the Design District and Wynwood.
There will also be over 120,000 square feet of prime retail with gourmet restaurants and cafes, designer shops, office buildings, and a public 8-court racquet & padel club.
The first 28-story tower on the property known as Midtown Park Residences by Proper was also announced today, with 288 branded residences.
Residents will have access to over 40,000 square feet of amenities, and access to concierge services including housekeeping and laundry, as well as pet care and home maintenance while owners are away.
The new tower is being developed by Proper, Rosso Development and Midtown Development.
Prices for units range from low $700,000’s to $2.7 million. There will also be penthouses with 20-foot ceilings, private rooftop terraces, gardens, and private pools.
Completion is planned in 2028.
Arquitectonica, Meyer Davis Studio, and Naturalficial are designing the new tower.
Proper Hospitality, Rosso Development and Midtown Development are the developers. Proper is redeveloping the Shelborne hotel in South Beach, which is set to reopen this spring.
Completion of the first tower is planned in 2028.
(images: Midtown Park Residences by Proper)