A new master-planned community is taking shape in Miramar, where one of South Florida’s last large-scale greenfield sites is now moving into the construction phase.
Coined Miramar Cove, the 125-acre project is being led by Sunbeam Properties and is envisioned as a “15-minute city,” blending residential, retail, office, and recreational uses into a single, walkable environment. According to the developer who recently announced ground breaking, site clearing is already underway, with full buildout currently targeted for the first quarter of 2028.
The project is planned in two phases, beginning with the southern portion of the site. Sunbeam secured approvals for the master development in 2024, after assembling the land years ago, positioning the firm to move quickly once entitlements were in place.
This won’t be the firm’s first large-scale undertaking by the company however. In North Bay Village, Sunbeam has also proposed a multi-tower waterfront development that’s among the more ambitious projects in Miami-Dade County, and has already cleared key approvals as well.
What’s Planned?
According to project materials, Miramar Cove is set to deliver 2,874 residential units, of which roughly 200 are townhomes, alongside a mix of commercial and hospitality components. Plans call for:
- 185 hotel rooms.
- 125,000 square feet of office space.
- 400,000 square feet of retail, including entertainment, restaurants, daycare, and other uses.
- 35,000 square feet reserved for a grocer.
Retail leasing is being handled by Katz & Associates.
In total, the development is expected to support a population of around 8,000 residents at full buildout, with marketing materials shared by Miramar News indicating a target demographic of renters aged 25 to 45 earning approximately $150,000 annually.
Public realm improvements are also a major component. The project will reshape portions of Red Road and Miramar Parkway with new access points, expanded sidewalks, and additional landscaping. Roughly 40 acres of green space is planned across the site, including parks, trails, and a series of waterfront features. Among the more notable elements:
- A 24.4-acre estuary located just north of the development.
- A multi-use trail running beneath nearby powerlines, repurposing currently underutilized land.
- “Sunset Shore,” an artificial beach concept paired with retail and leisure space.
The Location
Miramar Cove’s location sits within a rapidly evolving region of South Florida. The site sits just north-west of Hard Rock Stadium, where Miami’s Metrorail is set to expand to. As developable land becomes increasingly scarce across South Florida, projects of this scale are becoming rarer.