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Miami Beach 411
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The Midtown Miami Condominiums on Midtown Blvd in the Design DIstrict.

Project details

Phone Anglers Condo Hotel

Twenty blocks north of the Performing Arts Center is Midtown Miami, the largest real estate project on the East Coast.

Miami-based Midtown Group plans to build approximately 3,000 condominiums, 140,000 square feet of commercial space, and 150,000 square feet of office space on the site. “This will be like a city within a city,” says Michael Samuel, a Midtown partner. “You will be able to walk downstairs for coffee or a meal, with shopping, office space and a hotel within a few blocks.”

 Neo Vertika House for sale price per square foot

Midtown Group has reservations for all 339 units in its first residential building. Two Midtown, and sales for its 379-unit Four Midtown building are slated to begin in early 2005. Both buildings will have ground-floor retail. Another building, Three Midtown, is in the design stage.

“We have three top architects designing these buildings, and they will look very different,” Samuel says. “When someone walks down the street, the architecture and color schemes will change from block to block.”

On half of the Midtown site, Developers Diversified Realty, will build the Shops at Midtown Miami. The 600,000-square-foot retail center will have up to 900 rental apartments on its 26-acre parcel. Together, the total investment in Midtown Miami is expected to top $1.2 billion during the next seven years.

Midtown Miami pre construction model

Diversified Developers broke ground this summer on the combination retail and garage structure that will be the first phase. “We are projecting a fall 2006 opening of the stores,” says Daniel M. Herman, the company’s director of development for the eastern US. “While there are no announcements so far, we are seeing strong interest among national regional and local tenants.” The key elements of interest is the nearby neighborhood’s income and population demographics — which will significantly rise during the next few years as more upscale residents move into the Biscayne corridor.

To continue your search, find nearby Miami condos for sale.

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News

Midtown Miami is Up For Sale
The owner is claiming that he wants to sell for tax reasons.


Soon We'll Be Shopping at Midtown Miami Shops
The big-box retailers that are slated to open include Target, Linens’N Things, Circuit City, PetSmart and West Elm store


Real Estate guide
Apartment rentals
 

Midtown Miami in Miami Beach 411. Search real estate in Miami.
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