Midtown Miami, commonly known for encompassing areas such as Wynwood, Edgewater and the Design District, is preparing to receive what will be its most imposing residential tower: Midtown 1.
The construction of the building will modify the urban landscape of the city from the moment it begins to rise, in 2025. The portal Profile Miami He noted that the tower will be 48 stories and 596 feet high. This development promises to transform the city's skyline.
Simultaneously, other large-scale urban projects will be carried out in the Downtown de Miami, also with million-dollar investments, which will leave a significant change in the life and structure of the city.
Where will the Midtown 1 tower be located?
The building is strategically located, at 3501 NE 1st Ave. It will have 400 residential units, will house 27,658 square feet of commercial space and will have 498 parking spaces.
The plot was acquired in June 2023 for $40.6 million and is designed by renowned studio Architectural.
The interior vision is in the hands of the international design studio Yabu Pushelberg, known for its sophisticated and elegant creations.
The project is in the verification stages, which will be carried out by the Miami Urban Development Review Board and it is expected that its evaluation will conclude favorably this May 15.
Who drives urban development in Midtown Miami?
Midtown 1 It is a joint initiative of Earth and Lion Development Group, two of the main real estate developers in the region.
Earth, led by David Martin, has a robust portfolio of real estate projects in South Florida, including landmarks such as Five Park and Mr. C Residences Coconut Grove.
Michael Simkins, president of Lion Development Group, is a prominent businessman in the sector and a key figure in the urban transformation of the city of the Sun.
This new development will elevate Miami's architectural stature and enrich Midtown's residential and commercial offerings. It is an attraction for new residents and visitors looking for luxury in the city.
What do you think?
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