The Coral Gables-based renowned luxury townhome developer MG Developer has revealed plans to develop a 10-story apartment rental building with 433 units in Hialeah named Metro Parc. The 2.5-acre project will be located between 955 East 25th Street and 980 East 26th Street.
The residential mixed-use, two tower building will feature rental apartments with two-bedrooms and two bathrooms ranging from 500 square feet to 800 square feet. Rent will range from $1,150 per month to $1,840 per month. Amenities will include co-working spaces, an outdoor kitchen, a pool, gym and will also have retail spaces on the ground level as well as ample parking and a Latin-inspired food marketplace.
A groundbreaking is expected in January with an anticipated completion date for the second quarter of 2024.
Metro Parc will be conveniently located two blocks from the metrorail and Tri-Rail Transfer Station bringing a new type of chic urban lifestyle to the transient-oriented community. The site is also in walking distance to Hialeah Medical Services; and is only a mile from Hialeah’s up-and-coming Arts District, which will deliver a vibrant cultural and entertainment scene with galleries, breweries, restaurants and shops. It also in close proximity to the expansive Amelia Earhart Park.
“We are truly excited about moving into the Hialeah market and sharing our experience of building luxury and high standard of living and lifestyle to a growing City,” said, Alirio Torrealba, CEO and Founder of MG Developer. Hialeah is the sixth largest city in Florida, and MG Developer has a track record of delivering high-quality residential developments that enhance neighborhoods.
MG Developer, is one of the most active developers in Coral Gables. Most recently, it submitted plans to the City to build a 50-residence community, west of LeJeune Road and north of University Drive, called Gables Village. Additionally, the developer also announced that within 90 days of completion of Althea Row, a luxurious set of five 3-story town houses, it nearly sold out. At the same time, it announced it topped-off Biltmore Row, a set of 3-story, 10-residential townhomes that will complete the Biltmore Square Community in Coral Gables. MG’s prior developments include Biltmore Parc Condominiums, and a variety of luxury townhomes like Beatrice Row, 444 Valencia, Villa Blanc, The Ponce Townhomes, and custom homes in South Miami Ave and Coconut Grove.