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Panhandle Real Estate Investments Expands Land Acquisition Program Statewide

April 11, 2026

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April 11, 2026

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April 11, 2026
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  • Florida Real Estate Market

    Panhandle Real Estate Investments Expands Land Acquisition Program Statewide

    April 11, 2026

    Hillsborough County Housing Market Faces Shifting Sands: Affordability and Inventory Take Center Stage

    April 11, 2026

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Miami’s Midtown Set for Major Transformation with $2 Billion Park Project Approval

December 24, 2025
Miami Midtown park project construction aerial view
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Miami’s Urban Development Review Board has given the green light to a transformative $2 billion master plan for Midtown Park. This ambitious, multi-phase development promises to reshape the urban landscape, introducing a vibrant mix of residences, offices, retail, and extensive public green spaces, fostering a new era of walkable urban living.

Key Takeaways

  • A $2 billion mixed-use development, Midtown Park, has received city approval.
  • The project aims to enhance walkability and connect Wynwood and the Design District.
  • It will feature residential units, office space, retail, public plazas, and a significant racquet and padel club.

A New Urban Hub Emerges

The Midtown Park master plan, a collaborative effort by Rosso Development, Midtown Development, and Proper Hospitality, is set to revitalize a five-acre site. The development will introduce 924 residential units, 60,000 square feet of office space, and over 120,000 square feet of designer retail. Central to the plan are two major public plazas and a network of pedestrian-friendly streets designed to encourage public life and connectivity.

World-Class Amenities and Residences

At the heart of the project will be a state-of-the-art racquet and padel club with eight courts, operated by ULTRA Padel. The development will comprise two 28-story towers, two 17-story towers, and a low-rise retail structure. The first phase, Midtown Park Residences by Proper, will feature a 28-story tower designed by Arquitectonica, offering 288 branded residences ranging from studios to three-bedroom homes, including exclusive penthouses. Residents will benefit from extensive amenities such as a tropical pool deck, a signature restaurant, a private pickleball court, a fitness center, and various wellness spaces.

Vision for Midtown Miami

Carlos Rosso, Founder & CEO of Rosso Development, described the project as "Miami’s most significant mixed-use redevelopment," envisioning a landmark destination that merges culture, wellness, and green space. The development is strategically positioned to act as a gateway, seamlessly linking the Design District, Midtown, and Wynwood, thereby enhancing the area’s vibrant and design-forward character. The first residences are anticipated for completion in 2028.

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