Under Construction

Metro Parc South

Metro Parc South is a 10-story, 347-unit transit-oriented multifamily building rising at 954 and 934 East 25th Street in Hialeah, Florida, two blocks from the Tri-Rail and Metrorail Transfer Station.

Official Website
06.13.25
Start
2028
Completion
347
Units
10
Floors
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Details

954 East 25th Street, Hialeah. 10 floors and 347 residences. Broke ground June 2025, completing Summer 2028. Financed with $105M in June 2025.

The story so far
Announced 2025 est.
Financing secured Apr 2025MG Developer closed $105 million in construction financing for the 347-unit Metro Parc South from SCALE Lending, the debt arm of Slate Property Group, arranged by Lantern Real Estate
rebusinessonline.com
Broke ground Jun 13, 2025MG Developer broke ground June 13, 2025 on 10-story, 347-unit transit-oriented community at 954 & 934 E 25th Street; KAST Construction GC (Haute Residence / citybiz)
hauteresidence.com
Foreclosure suit filed Sep 22, 2026Slate Property Group and The Carlyle Group sued MG Developer on Sept. 22 alleging a $31.1 million default on the $105 million Metro Parc South construction financing, citing construction liens, missed reserve deposits and unpaid 2025 property taxes after a forbearance agreement expired
therealdeal.com
Under construction
Expected opening Summer 2028
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 19, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

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About the project

Metro Parc South is a 10-story, 347-unit transit-oriented multifamily building rising at 954 and 934 East 25th Street in Hialeah, Florida, two blocks from the Tri-Rail and Metrorail Transfer Station. Developed by Coral Gables-based MG Developer under founder and chief executive Alirio Torrealba, it is the third and final phase of Metro Center, a roughly $600 million master plan that also includes the 559-unit Metro Parc and the 620-unit Metro Parc North and that will total close to 2.3 million square feet of rental residences and ground-floor retail when fully built out. Modis Architects of Miami designed the building and Coral Gables-based KAST Construction is the general contractor, with a $105 million construction loan from SCALE Lending, the debt arm of Slate Property Group, funding the work on the 1.1-acre site. The unit mix runs studios, one-bedrooms and two-bedrooms aimed at a workforce housing price point, an unusually deliberate positioning for new construction in Miami-Dade, and the transit-oriented development framework is what allows the density directly beside the rail hub. Metro Center is the largest private investment in Hialeah in decades and is reshaping a historically industrial stretch of one of South Florida's oldest cities into a walkable rail-anchored residential district.

Companies and contacts

Every firm on Metro Parc South, the office nearest it, and the people who work on it.

Common questions

Frequently asked

Where is Metro Parc South located?

Metro Parc South is located in Hialeah.

When will Metro Parc South be completed?

Metro Parc South is under construction, with completion expected in Summer 2028.

Who is developing Metro Parc South?

MG Developer is the developer behind Metro Parc South.

Who designed Metro Parc South?

Metro Parc South was designed by Modis Architects.

How big is Metro Parc South?

Metro Parc South rises 10 stories with 347 residences.