Friday September 25 was the groundbreaking for Hyde Midtown Suites and Residences. In attendance from The Related Group was CEO Jorge Pérez, COO Matthew Allen, President of Condo Development Carlos Rosso and Project Manager Javier Cuadros. Also in attendance from Dezer Development was Founder Michael Dezer and President Gil Dezer.
President and CEO of Dacra, Craig Robins, recently hosted a discussion about the development and future of the surrounding neighborhoods around Midtown. Robins noted the growing success of the area in large part to the international events and interesting talent taking stake in the neighborhood, such as Design Miami. In between the eye-catching colors of Wynwood and the high-end sartorial boutiques of the Design District, Midtown is young, transient, and full of potential. The energy and future of the neighborhood keeps affluent millennials here, as seen in developments such as HYDE Midtown.
The event was held at Hyde Midtown Suites and Residences, a joint venture between The Related Group and Dezer Development will include a collection of 60 Designer Suites and 410 luxury condominiums between Miami’s Design District and Downtown. Arquitectonica has designed the building and David Rockwell will finish the interiors with tech-minded, culturally fluent young professionals in mind. Condominium contracts are currently being accepted for the property, with the project slated to open in 2018. Sales are handled by Related Realty, in partnership with Fortune Development Sales.http://www.hydemidtown.com/