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It’s never a dull moment in Miami real estate. It seems that every month there’s a new and exciting development being unveiled. This week’s latest surprise (as reported in exMiami) is the Hyde Midtown, which will be developed by Jorge Perez of the Related Group and designed by Arquitectonica. It’s been billed as the sister project to the SLS South Beach and the SLS Brickell, the latter set to begin construction in 2014.
Bringing together these two real estate powerhouses makes this project highly-anticipated. Early renderings show a unique geometric design like nothing else in the city, with spacious balconies that reflect a very distinct modernist style. Given how recent the news is, there’s very little information as of yet, although the avant-garde style and big-name builders suggests it’s going to be very luxurious.
What we know so far is that the building will be large, with 31 stories, 440 units, and over 21,000 of retail space. The 526 space parking garage will be a welcomed addition to this heavily urbanized part of the city. Hyde Midtown will also include 40 exclusive hotel units, with the remainder split between studios and 1 to 3 bedroom apartments. Needless to say, we’ll be keeping a close eye on this exceptional development.
Such a lively real estate trend across Miami’s core – which includes Midtown and Brickell – explains why these areas are among the fastest-growing in South Florida. There’s plenty of opportunity and dynamism to enjoy, and an ever-growing selection of phenomenal living arrangements. To learn more about the rewards of Brickell Condos, call Brickell.com at 305-379-0203.