Midtown Miami Condos for sale

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Midtown Miami Condos Break Ground 

On Thursday, May 6, The Shops at Midtown Miami broke ground on one of the most exciting projects to come to the City in decades. Commissioners Joe Sanchez, Chairman Arthur E. Teele Jr., Dorrin Rolle (Miami-Dade County), Johnny Winton, Mayor Manny Diaz, Chairwoman Barbara Carey-Shuler (Miami-Dade County), and Angel Gonzalez, along with the developers, were present to symbolically "break ground" with their shovels (image at left). 

Shops at Midtown Miami will make up the retail component of the Midtown Miami project. The Shops at Midtown Miami will offer a unique retail shopping experience in the City of Miami and include approximately 600,000 square feet of national and specialty retailers. 

With virtually no other big-box retail centers between Dadeland and Aventura, the Shops at Midtown Miami will cater to an underserved market and will serve as a catalyst for economic revitalization in the Wynwood area and other surrounding communities such as Little Haiti, Overtown, Allapattah, and the Design District. 
Mid-Town-Miami

Midtown Miami is Miami's first city-within-a-city concept and it's coming to life on the site of the former Buena Vista Yard, an 18-block stretch anchored by NE 1 Street Avenue to the west, NE Second Avenue to the east, NE 29th Street to the south and NE 36th Street to the north. Already being dubbed SoHo South, Midtown Miami will be a place where residents and visitors alike will gravitate to, much like its sister neighborhood up north.


Midtown Miami Project

The Buena Vista Yards consists of 56 acres of vacant land and is located south of N.E. 36th Street, north of 29th Street, west of N.E. 2nd Avenue, and east of North Miami Avenue. 

It was formerly owned by the Florida East Coast (FEC) Railway, which used the property as a storage yard for freight containers in the maritime transport of goods.

The land was purchased in 2002 by Biscayne Development Partners, LLC, a joint venture between Midtown Equities and Samuel & Company. Biscayne Development Partners in turn sold the western portion of the site (for retail and apartment development) to Developers Diversified Realty (DDR). 

The developers are working closely with the City of Miami and Miami-Dade County to fund public improvements including street paving, gutters and sidewalks, water and sewer lines, drainage systems, landscaping, and irrigation. The financial funding from this project comes from many different sources, including a HUD Section 108 loan, Community Development District (CDD) Bonds, Economic Development Administration (EDA) funds, Environmental Protection Agency (EPA) funds, and the Florida Department of Transportation (FDOT) funds. 

Once finished, the project will consist of Two major components: The Shops at Midtown (retail) and Midtown Miami (residential), providing approximately 600,000 square feet of retail space, 3,000 Condo lofts and 350 apartment units. It will have an estimated development value of $1.2 billion and will generate an estimated 1,700 permanent jobs. 

This enormous project will transform the neighborhood into a vibrant urban center and is destined to become one of the most dynamic new retail locations in South Florida.

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

Miami-based Mid town Group plans to Built 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.”

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 Built 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.
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. 
For more information about Midtown Miami, visit 
Midtown Miami Pre Construction project to get up to $170 million from tax district

By Susan Stabley
Up to $170 million in revenues from a special tax district created by the City of Miami and Miami-Dade County will help Built the $1.2 billion Mid town Miami project.
The funds will be used to create a pair of parking garages and install infrastructure in the 56-acre development planned for the former Buena Vista rail yard in the Wynwood neighborhood. The district, approved this month by the city and county commissions, is expected to generate the largest amount of public funds for Midtown Miami among a package of deals. 
"The Marlins deal is a fat subsidy," said City Commissioner Johnny Winton, whose district includes the Midtown Miami site. "This is self-generating." Only property owners in the Midtown project will be taxed, he said. 
City documents show that the project could qualify for a $2 million Economic Development Administration grant from the US Department of Commerce, a $2.5 million Florida Department of Transportation grant, an $800,000 loan from the South Florida Regional Planning Council and a $400,000 Brownfields Economic Development Initiative loan from the county.
Also in the works is a $20.6 million Section 108 loan by the US Department of Housing and Urban Development through the county for infrastructure, according to city documents.
The project area - bounded by Northeast 36th Street on the north, rail tracks along Northeast Second Avenue on the east, North Miami Avenue on the west and Northeast 29th Avenue on the south - has been designated as a brownfield site. Brownfields, properties that have been polluted or contaminated, qualify for federal cleanup funds to encourage redevelopment. 
Midtown Group, one of the developers, opened a 16,000-square-foot sales center last week at 3110 NE Second Ave. The mixed-use half of the Midtown project is to include 3,000 Condo units, 900 rental units, office space, retail space, a hotel and a spa.
Developers Diversified Realty of Ohio will create the other half, a 600,000-square-foot commercial center called The Shops at Midtown Miami. Groundbreaking on the site, on 26 acres of the railyard parcel, took place May 6, and construction is to begin this summer, according to the company.
Midtown Miami is to be built in six phases. The first Two, scheduled to cost $500 million, are to be completed within three years. Developers say more than 700 full-time jobs will be created in the seven years expected for construction.
Public funding is possible with the creation of a political subdivision called the Midtown Miami Community Development District. The subdivision was formed after a petition drive by developers. The Miami City Commission approved it in November and county commissioners in December.
The community-development district would own and control the parking garages. Representatives of the developers make up the board of the district and meet every Two weeks, said Paul Abrams of Midtown Group. After Condos are sold, some homeowners would join the board, he said. City officials are not allowed by state law to sit on the board, said Otto Boudet-Murias, economic-development adviser for Mayor Manny Diaz.
The district would pay off bonds through a tax levied by the redevelopment area. Payments are tied to the completion of phases, and the bonds would be structured so no principal payments would be required for three years, according to the county.
Tax collection will begin as parts of the project are completed and go on the tax rolls, Mr. Winton said.
Revenues from the tax district will be used to repay 30-year bonds worth $76 million. The bonds cover the $51 million garage with more than 2,900 spaces and a public plaza, according to city documents. County documents estimate the cost of the garage at $45 million.
The site lacks infrastructure and roads. City documents peg the total cost of building infrastructure for the project at $106 million.
The district would construct roads, water and sewer systems, storm-management systems, streets aping and landscaping as well as parking garages, according to the agreement among the developers, the city and the county. Several public areas would be built - including public squares and liner parks.
The new roads would be East Coast Avenue, Northeast 36th Street, Midtown Boulevard, Northeast 32nd Street, Northeast 34th Street, Northeast 31st Street, Buena Vista Avenue, Northeast 35th Street and Northeast 30th Street. All except East Coast Avenue would be public streets.
The financing plan stipulates that the city and county are not responsible for costs of the garage project other than debt service. Once the bonds and county loans are paid off, the agreement would end.
The city anticipates reaping $314.5 million in tax revenues in 30 years, according to Miami's Department of Economic Development. In a "worst-case scenario," the city would take in $198 million if only Two phases are built, according to an April 27 memo from City Manager Joe Arriola.
Miami-Dade County stands to bring in $215.8 million.
Midtown Miami is being touted as the most ambitious Condo development in all of the Southeast, a virtual city-within-a-city. And I, Christiano Sampaio, and my clients have been granted VIP status on all eight phases of this project. One of my best friends work for the developer. 

Midtown Miami will consist of 3,000 Condominium residences, rental units, a hotel and street level shops and cafes.
Midtown Miami Pre Construction project
Midtown Miami Pre Construction project
Three Midtown's Urban Architecture
Three Midtown will be a 29-floor, 269-unit residential tower. Construction will begin in about three months and will likely be completed by end-2007.
Its urban design will be reminiscent of New York's SoHo district with a twist of luxury. There will be dozens of uniquely-designed floor plans with multilevel loft and tower spaces that represent the best in urban architecture. Hip-looking windows, kitchens and baths plus the most modern finishes and fixtures will tie it all together to give each residence an individual look that is distinct to Midtown Miami.
Midtown Miami Composure Construction project
Midtown Miami Composure Construction project
Three Midtown Condo Features
Three Midtown Condos will include high-end features such as: 
Private terraces 
10-foot ceilings 
Floor to ceiling 
Impact-resistant glass windows 
Italian kitchens with stainless steel appliances 
Custom cabinetry 
Stone countertops 
Pre-wiring for electric, cable and high-speed Internet 
Three Midtown Building Amenities
Mid town Miami
Amenities will include:

Midtown Miami Composure Construction project Porte cochere 
24-hour security 
Rooftop pool overlooking Midtown Boulevard and Biscayne Bay 
A sophisticated fitness center 
Jacuzzi 
Sauna 
Steam room 
Meditation garden 
High-speed elevators 
Covered parking 
Concierge 
Valet 
Private storage facilities 
Ground-level retail 
Midtown Miami-It's Going to Be Huge!

Midtown Miami will be massive! It will encompass 18 city blocks, the largest parcel of undeveloped land in Miami. It will be a 56-acre city within a city. It will include an estimated 3,900 residential Condo units, 600,000 sq. ft. of retail space and 100,000 sq. ft. of office space. 

Embodying "new urbanism," the Midtown Miami development will include shops, restaurants, residential buildings, a first-class hotel, town square, boutiques, newsstands, parks and green spaces. 

The new urban utopia, as it's being called, will feature live/work zoning that allows you to work on one floor, live on another. It is scheduled for completion toward the end of 2007.

Daniel Pfeffer, a principal with Midtown Group says, "By virtue of its size and scope, our project will be the focal point of the new Biscayne Corridor. This area will be a place where resident, locals and tourists will want to be."

An Amazing Location - Midtown Miami Composure Construction project

Midtown Miami will be situated between the Design District, the Wynwood Arts District and the new Performing Arts Center anchored by the new Midtown Boulevard-the main thoroughfare of the development-and East Coast Avenue.

The development will be located 10 minutes to Downtown Miami, 10 minutes to Miami Beach, 10 minutes to the Port of Miami and the Miami International Airport, and less than Two minutes away from the nearest exit to I-95. In other words, the location is PRIME in every sense of the word.

Midtown Miami Project Overview

In approximately five years when Midtown Miami should be complete, the actual construction cost for the entire project is expected to be $641 million. The total value will be $833 million. This project will create thousands of new jobs and will generate significant additional real estate development in the area. 

Because of its massive size, Midtown Miami will become the focal point of the new Biscayne Corridor and will give a lift to already rapidly rising real estate values in the area. As a matter of fact, this development will be built in what is considered “one of the hottest zip codes in the U.S.”

In February 2004's Biscayne Boulevard Times staff reporter Melanie Feliciano said: “Folks who have put their money into the belief that the Biscayne Corridor would be a great place to live and play should pat themselves on the back. A recent review of raw real estate data by CNN Money has declared that 33137 and 33138 were in the top eight zip codes in the United States for gains in real estate appreciation for the last five years. The report also expects the double-digit gains to continue for some time to come.” 
Back to Midtown 3, prices for Condos have not been set in stone yet. However, based on the marketing of Phase II, I expect that one-bedroom Condos will likely be priced between $300,000-$400,000, and Two-bedroom Condos will probably fall between $400,000-$500,000. 
Midtown Miami CondosPre Construction project - Floor Plans are finally here
Units will be sold on a first come first served basis. Those of you who bought in Phase II might remember that there were over 700 people on a waiting list to get the first 338 units, and many people got shut out.
You can download the pdf file here:
to open click on the file, to download right click and select save target as.
1 Bedrooms Midtown Miami Condominium.Pre Construction project
2 bedrooms Miami Condominium.Pre Construction project
3 bedrooms Miami Condominium.Pre Construction project
Penthouses Miami Condominium.Pre Construction project

Here is the procedure if you want a Condo. First, register with me now by providing your complete name, address and phone number. This will enable me to get your name on the "VIP list." Once prices have been determined and floor plans and brochures are available, the developer will be talking to all VIP buyers and securing units in the order that they were registered. 

Registering quickly could be the difference between your getting the opportunity to purchase one of the highly desirable, east facing, direct waterfront units or looking at the interior courtyard facing west.

The Procedure for Buying a Unit
Next step, when floor plans are available, you will review the selection of available Condos and reserve a specific unit with the view and size that you want. 
Finally, they will have a one-day sales event planned for April 2005, at which time you'll sign the contract and put up a 10% deposit check. A second 5% deposit will be due 5 months after the first and a third 5% 10 months after the first. Totaling 20% deposit. 
By the time they have this one-day event; they fully expect every single unit to be sold. And just like with Phase I and II, there will not likely be any leftover units offered to the general public. I had people pleading for units in Phase I and II after the sales event, but they were in such high demand, there was nothing I could do to help them.

So there you have it, an opportunity to get a premium unit in Phase III, Three Midtown, at the exciting Midtown Miami development. Once again, if you want it, please call or e-email me so I can get you on the VIP list and you'll soon have an opportunity to review the available selection of Condos Uptown Miami/Design District - The Biscayne Corridor There's a place in Miami where historic meets hip. Where the worlds of art, culture, cuisine and entertainment collide. Where Downtown Miami, Brickell, Coral Gables, Coconut Grove and South Beach surround you. And the excitement never ends. It's the heart of the city. It's the Biscayne Corridor. Local art, fashion and entertainment pioneers have known for years that the pulse of Miami beats strong along historic Biscayne Boulevard. And now the world has taken notice. Located between 14th and 71st Street, the Biscayne Corridor is now experiencing a cultural and commercial renaissance, attracting the attention of retailers, developers, restaurateurs and the artistic community worldwide. Already home to major entertainment venues such as the American Airlines Arena and world-class dining including Soyka's and 5061, the Corridor is slated for unprecedented growth. The city's new Performing Arts Center is scheduled for completion in 2004 and plans for the Buena Vista residential and commercial project are underway. The district is quickly becoming the city's hottest place to eat, shop, work and live. It's an exciting time in an exciting place...and right now is your chance to be a part of it. 

Midtown Shops Provide Unique Concept  Miami, Florida
City representatives and business owners in the Miami area attended a groundbreaking for a unique shopping center in the heart of the city. 
On May 6, The Shops at Midtown Miami broke ground on one of the most exciting projects to come to the city in decades. Commissioners Joe Sanchez, Chairman Arthur E. Teele Jr., Dorrin Rolle (Miami-Dade County), Johnny Winton, Mayor Manny Diaz, Chairwoman Barbara Carey-Shuler (Miami-Dade County), and Angel Gonzalez, along with the developers, were present to symbolically break ground with their shovels.
Shops at Midtown Miami will make up the retail component of the Midtown Miami project. The Shops at Midtown Miami will offer a unique retail shopping experience in the City of Miami.

With virtually no other big-box retail centers between Dadeland and Aventura, the Shops at Midtown Miami will cater to an underserved market and will serve as a catalyst for economic revitalization in the Wynwood area and other surrounding communities such as Little Haiti, Overtown, Allapattah, and the Design District. 
Once finished, the project will consist of Two major components: The Shops at Midtown (retail) and Midtown Miami (residential), providing approximately 600,000 square feet of retail space, 3,000 Condo lofts and 350 apartment units. It will have an estimated development value of $1.2 billion and will generate an estimated 1,700 permanent jobs. 

Midtown Miami 
Midtown Miami, More Information 

Miami's first city within a city. Incorporating cafes, shops, chic Condominium units and a promenade in the Miami Design District, Midtown Miami promises to give even the most active person something entertaining and pleasant. The first tower will feature one-, Two- and three-bedroom units. Penthouses and true urban lofts will compliment Midtown Miami. Construction begins in November and units in the first tower (Two Midtown) are are completely sold out. Renown project manager Bernard Zyscovivh and world renown architects Nichols, Brosch, Sandoval & Associates promise to make Midtown Miami one of the most unique and pleasant living experiences in Miami. Each building will have its own unique individuality, and will share the common design elements and theme of Midtown Miami. Elegant kitchen and baths will add to the spectacular design elements of Midtown Miami. The city within a city will feature free trolley service to the numerous shops and restaurants. A partnership between Midtown Equities of New York and Samuel & Co., Midtown Miami is backed by a solid group of developers.

Midtown Miami, More Information


Midtown Miami dubbed Soho South, will boast elegant unique ketches, and splendid baths. Midtown is located in minutes from downtown Miami, Miami Beach, Coral Gables and Key Biscayne. Midtown Miami is centralized, urban luxury with plenty of activities to keep you busy enjoying your new residence and surroundings.

Midtown Miami, More Information 


Midtown Miami Amenities

Floor to ceiling impact resistant glass 
Italian kitchens with stone countertops and stainless steel appliances 
High-end energy efficient appliances 
Master baths with stone flooring and designer fixtures 
Walk-in closets 
Pre-wired for cable and high-speed internet 
Building Features

24-hour security 
Roof top swimming pool overlooking the bay 
Jacuzzi, sauna, steam room 
Fitness center 
High-speed elevators 
Covered parking 
Concierge 
Valet 
Private storage facilities 
Ground-level retail 
Lounge 


Although Two Midtown is completely sold out, you can still enjoy the opportunity to purchase at Four Midtown, expected to go on sale in mid January 2005.