$2 Billion Midtown Park Development Receives City Approval, Transforming Miami Urban Landscape

October 16th, 2025 4:43 PM
By: Newsworthy Staff

A transformative $2 billion mixed-use development in Miami's Midtown district has received official city approval, creating a walkable urban hub that will connect Wynwood and the Design District while introducing 924 residential units, extensive retail space, and world-class recreational facilities.

$2 Billion Midtown Park Development Receives City Approval, Transforming Miami Urban Landscape

The transformative $2 billion Midtown Park master plan has officially received approval from the City of Miami's Urban Development Review Board, clearing the way for a five-acre mixed-use community that will reshape Midtown into a vibrant, walkable hub connecting Wynwood and the Design District. Developed by Rosso Development, Midtown Development, and Proper Hospitality, this landmark project represents one of Miami's most significant urban redevelopments and will transform a long-vacant site into an activated social destination.

The approved master plan will bring 924 residential units, 60,000 square feet of office space, and over 120,000 square feet of designer retail, anchored by two major public plazas and pedestrian-oriented streetscapes that prioritize walkability and public life. The development will rise across two 28-story towers, two 17-story towers, and a low-rise retail structure, with phased delivery scheduled over multiple years. Carlos Rosso, Founder & CEO of Rosso Development, emphasized that this project will transform the future of urban living in the area by creating a landmark destination where culture, wellness, and open green space come together to enhance Midtown's walkable character.

Midtown Park Residences by Proper, located at 3055 N Miami Ave, is the first building within the approved master plan and will deliver 288 Proper-branded residences ranging from studios to three-bedroom homes, plus exclusive penthouses with private rooftop gardens and pools. Designed by Arquitectonica with interiors by Meyer Davis Studio, the 28-story tower will feature 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 communal vegetable garden designed by Naturalficial.

The development will also introduce a world-class racquet and padel club featuring 8 courts operated by ULTRA Padel, with a temporary two-acre ULTRA Padel pop-up set to activate the site as construction begins. Residents will enjoy curated programming and cultural experiences through a Proper Culture Concierge, plus exclusive access to events across Proper Hospitality's global portfolio, including the newly opened Shelborne by Proper on Miami Beach. Iris Escarrá, Co-Chair of Greenberg Traurig's Miami Land Use practice, noted that having a brand like Proper enter the market represents a tremendous 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 more information, visit https://midtownparkbyproper.com or call 305-9-PROPER. This development 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, creating a new standard for walkable urban living in South Florida.

Source Statement

This news article relied primarily on a press release disributed by citybiz. You can read the source press release here,

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