Terra and GFO Investments Deliver Five Park Miami Beach

December 1, 2024

five park miami beach

In 2020, developers David Martin and Russell Galbut set out to create an iconic project at the entrance to Miami Beach. Their goal was to design a luxury residential tower that would redefine the city’s skyline while prioritizing sustainability and community needs. Today, that vision stands realized in Five Park Miami Beach, the tallest building in the city and its first new luxury residential tower in over a decade.

This development integrates world-class amenities with an expansive public park, demonstrating how urban sophistication can blend with ecological responsibility.

A Thoughtful Approach to Development

The project initially covered six to seven acres, but the plan evolved to prioritize green space. As a result, only two acres were dedicated to the tower, while the remaining land was transformed into Canopy Park, a three-acre public space donated by the developers. Today, the park serves as a vibrant community hub, offering a balance between modern development and environmental stewardship.

Miami Beach’s Tallest Tower

Standing 48 stories tall, Five Park is a defining landmark at the gateway to South Beach. Its construction reflects the expertise of seasoned developers committed to pushing the boundaries of urban design.

“Five Park represents our dedication to crafting iconic developments that enhance urban living and fulfill a city’s potential,” said David Martin, CEO of Terra. “This tower offers exceptional design and amenities while integrating seamlessly with Miami Beach’s cultural identity and resilience goals.”

World-Class Architecture and Design

A team of renowned architects, designers, and creatives collaborated on Five Park. Arquitectonica led the architectural design, while Gabellini Sheppard created the interiors. Anda Andrei, known for her work on iconic properties like the Delano South Beach and Gramercy Park Hotel, brought her design expertise to the project. Meanwhile, Sarah Harrelson of Cultured Magazine curated the building’s art collection, and French conceptual artist Daniel Buren designed the Canopy Bridge, an enclosed pedestrian bridge linking Five Park to the South of Fifth neighborhood.

“The design embodies Miami Beach’s vibrant spirit, merging hospitality and residential elements to craft an unparalleled lifestyle,” said Anda Andrei, design director of Five Park. “From private resident amenities to a beautifully landscaped deck, every detail is meant to surprise and delight.”

Canopy Park: A Green Oasis in Miami Beach

Completed in 2022, Canopy Park serves as Miami Beach’s “green lung,” integrating sustainability into its design. The park features a botanical garden, interactive playground, dog park, and event lawn. In addition, it incorporates innovative environmental solutions such as:

  • Stormwater management topography to reduce flooding
  • A bioswale system that filters rainwater naturally
  • A 25,000-gallon irrigation cistern to minimize water waste
  • Native plants and salt-tolerant grasses that promote biodiversity and habitat restoration

Upcoming Development: The Canopy Bridge

Construction is set to begin this month on the Daniel Buren-designed Canopy Bridge. Spanning 158 feet, this enclosed pedestrian bridge will link Five Park to the South of Fifth neighborhood. The project aims to improve connectivity while reinforcing the development’s commitment to urban growth and environmental consciousness.

Five Park and the Future of Miami Beach

Five Park Miami Beach represents more than just a luxury high-rise. It is a statement on how responsible development can enhance both the cityscape and community spaces. By integrating urban innovation with green initiatives, this project sets a new standard for Miami Beach’s future.

Explore Miami’s Luxury Real Estate Market

Interested in buying at Five Park Miami Beach? Contact BRG International for exclusive opportunities.

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