Metro Parc Hialeah Phase III: A $600M Vision for Urban Growth

In early 2025, Hialeah took another bold step into the future. MG Developer officially acquired a 1.8-acre site for $16.27 million, securing the land for Phase III of Metro Parc Hialeah. This acquisition isn’t just another line in a real estate report—it’s part of a much larger movement reshaping the city’s skyline and economic future.

The planned 10-story building will feature 347 apartments and ground-floor retail, bringing live-work-play living to the heart of Hialeah.

Metro Parc: More Than Just Apartments

This third phase contributes to an ambitious $600 million multifamily development initiative, making it one of the largest private investments in Hialeah’s modern history. The project adds to an already thriving district that’s attracting professionals, creatives, and families looking for more than just housing—they’re looking for lifestyle.

With upscale retail on the first floor, residents won’t need to drive far for dining, fitness, or convenience. The setup creates a walkable community that aligns with the new urban ideal—living, working, and socializing all in one place.

Why This Project Matters

Metro Parc Phase III is significant for a few reasons:

  • High-density housing: 347 units is a meaningful addition to a city where housing demand continues to rise.

  • Retail integration: Ground-floor retail activates the street and boosts small business growth.

  • Job creation: Construction, operations, and retail leasing will bring new employment opportunities to the area.

  • Investor confidence: The $16M site deal confirms long-term faith in Hialeah’s market value.

This project is a symbol of what’s possible when private developers and cities align around smart growth.

Hialeah’s Real Estate Reawakening

Hialeah is no longer just a commuter city—it’s becoming a destination. Between Countyline Corporate Park’s logistics expansion, the Shoma Village sale, and CAVA’s arrival, Hialeah’s economic portfolio is quickly diversifying.

Metro Parc Phase III is helping redefine what’s possible in this historically working-class community. The combination of infrastructure, culture, and smart development makes Hialeah a top contender for South Florida’s next big growth story.

MG Developer’s Bet on Hialeah

MG Developer isn’t new to transformative projects. With a track record of successful multifamily developments, the firm’s vision for Hialeah blends modern architecture with community impact.

By betting big on Hialeah, MG Developer joins a wave of investors who see what locals have always known: this city is full of potential—and it’s ready to scale.

Takeaway

Metro Parc Hialeah Phase III isn’t just about buildings—it’s about building momentum. This development helps meet the city’s housing demand while supporting small businesses and elevating Hialeah’s reputation in South Florida’s real estate market.

Looking to invest, lease, or expand your business into a growing South Florida market? Call Wilson Alvarez at 305-386-6165 or visit WilsonAlvarez.com to connect and learn how to plug into Hialeah’s evolving economy.