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Home > Market Studies > The Re-development of Miami’s Mid Beach
THE RE-DEVELOPMENT OF MIAMI’S MID BEACH
The emerging center of fabulousness featuring the "W" Hotel and Residences and the Paradiso Luxury Beachfront Residences & Gansevoort Hotel by Manhattan's Gansevoort Hotel Group now lies north of 22nd street.
The newly opened Back Office Bar - located at Collins Avenue and 27th Street - hopes to be a new standard for the "in the know" local set, tired of the over-touristed and pricey South Beach scene.
It is looking to capitalize on the resurrection of the old Savoy Hotel, which will be transformed into the ultra-posh Ritz Carlton Hotel & Residences.
Guild Partners counts twelve new developments and major renovation programs in effect in the re-emerging Mid Beach market. Potential development sites still abound in this up and coming area that appears to have sufficient momentum to ensure a bright future.
