The city of Miami’s Planning, Zoning & Appeals Board is scheduled to vote on April 14 on two major development proposals: the Midtown Park mixed-use project and the planned restoration of the historic Coconut Grove Playhouse.
These votes are significant for both local real estate development and preservation efforts. The outcome could impact housing availability, commercial space, and the future of a historic landmark in Miami.
In Midtown, a joint venture between Carlos Rosso’s Rosso Development and Alex Vadia’s Midtown Development is seeking a major use special permit for their 5.3-acre site at 3055 North Miami Avenue. If approved, this would allow construction of up to 924 residential units along with nearly 50,000 square feet of office space and over 107,000 square feet dedicated to retail. Plans also include more than 1,100 parking spaces and accommodations for truck loading in public rights-of-way. The first tower—Midtown Park Residences by Proper—is being developed with Proper Hospitality as a partner. This building will feature 288 condominiums ranging from studios to three-bedroom units as well as penthouses with private rooftop gardens and pools. Residents will have access to about 40,000 square feet of amenities.
Fortune Development Sales is handling sales and marketing for the project; completion is targeted for 2028 with unit prices starting in the mid $600,000s. The entire development has an estimated value exceeding $2 billion. Additionally, Ultra Padel & Wellness plans to operate a racquet and padel club within the complex. Last fall saw approval from the Miami Urban Development Review Board for Midtown Park’s master plan.
Meanwhile, Miami-Dade County is requesting five exceptions and four waivers from city planners related to its controversial effort to restore and expand Coconut Grove Playhouse at 3498-3500 Main Highway in downtown Coconut Grove. Demolition work was previously paused after part of the third floor collapsed last year but later resumed. The county seeks exceptions allowing community facilities plus commercial office space; waivers would permit increased lot coverage (62 percent instead of current limit at 50 percent) while reducing green space requirements (down from about thirty percent to fifteen percent).
City staff have recommended approval—with conditions—for both projects ahead of Wednesday’s meeting.
