Miami Approves $2 Billion Midtown Park Development, Creating Walkable Urban Hub
TL;DR
Rosso Development's $2 billion Midtown Park offers prime real estate investment in a transformative Miami development with exclusive amenities and early access advantages.
The approved master plan includes 924 residential units, 60,000 sq ft of office space, and 120,000 sq ft of retail across multiple towers with phased delivery through 2028.
This development transforms a vacant five-acre site into a vibrant, walkable community with public plazas and green spaces that enhance urban living and neighborhood connectivity.
Midtown Park features Miami's most ambitious racquet and padel destination with 8 courts and a temporary pop-up activation as construction begins on the transformative project.
The $2 billion Midtown Park master plan has received official approval from the City of Miami's Urban Development Review Board, clearing the way for a transformative mixed-use development that will reshape Midtown into a vibrant, walkable urban hub connecting Wynwood and the Design District. Developed by Rosso Development, Midtown Development, and Proper Hospitality, this five-acre project represents one of Miami's most significant urban redevelopments and will activate a long-vacant site into a comprehensive community.
The approved master plan includes 924 residential units, 60,000 square feet of office space, and over 120,000 square feet of designer retail across two 28-story towers, two 17-story towers, and a low-rise retail structure. The development will be anchored by two major public plazas and a network of pedestrian-oriented streetscapes designed to prioritize walkability and public life. Carlos Rosso, Founder & CEO of Rosso Development, emphasized that the project will transform the future of urban living by creating a landmark destination where culture, wellness, and open green space come together to enhance Midtown's walkable character.
One of the most distinctive features of Midtown Park will be the world-class racquet and padel club featuring 8 courts, operated by ULTRA Padel. The project will be delivered in phases, with a temporary two-acre ULTRA Padel pop-up set to activate the site as construction begins. This recreational component adds a unique wellness and social dimension to the development, positioning it as more than just a residential and commercial project but as a comprehensive lifestyle destination.
The first building within the approved master plan, Midtown Park Residences by Proper located at 3055 N Miami Ave, will be a 28-story tower designed by Arquitectonica with interiors by Meyer Davis Studio. The tower will deliver 288 Proper-branded residences ranging from studios to three-bedroom homes, plus exclusive penthouses with private rooftop gardens and pools. Residents will have access to 40,000 square feet of private amenities including a tropical pool deck with signature restaurant and bar, private pickleball court, state-of-the-art fitness center, yoga and meditation garden, spa pool, co-working spaces, kids club, and a communal vegetable garden designed by Naturalficial.
Iris Escarrá, Co-Chair of Greenberg Traurig's Miami Land Use practice, noted that this approval marks a major milestone for Midtown Miami as the first phase of a visionary mixed-use plan that serves as a gateway between Wynwood and Midtown. The entry of the Proper brand into the market represents a significant vote of confidence in the neighborhood's continued evolution, solidifying its status as one of Miami's most vibrant and design-forward districts. Midtown Park Residences by Proper is exclusively represented by Fortune Development Sales, with pricing starting in the lower $600,000s and completion expected in 2028. For additional information, visit https://midtownparkbyproper.com.
Curated from citybiz