MDM Development Launches $600M Mixed-Use Project

MIAMI-Locally based MDM Development Group has launched Metropolitan Miami, one of the largest mixed-use project in the city’s history, as sales began for the $600 million-plus project’s first phase.

Metropolitan Miami, to be built on six acres in the heart of Downtown, will consist of three luxury high-rise residential towers with a total of 1,500 condominium and apartment units–Met 1, Met 2 and Met 3–a lifestyle/entertainment center called Met Square, 10,000 sf of office space, parking, pedestrian-friendly open piazzas, as well as tree-lined walkways and loggias. The final project could have up to six upscale casual-to-fine dining restaurants and upscale retailers. Metropolitan Miami will have about 220,000 sf total of retail, entertainment and lifestyle center space.

“Metropolitan Miami is not just a real estate development, it is a brand new, completely dynamic urban neighborhood,” Tim Weller, vice president of development for MDM Development Group, says in a statement. MDM, with architects, interior designers and urban planners/landscape architects, will transform the existing parking lots into Metropolitan Miami over the next five years.