Terra and GFO Investments Unveil Five Park Miami Beach: The Tallest Tower on Miami Beach
In 2020, developers David Martin and Russell Galbut envisioned a bold project at the entrance to Miami Beach, transforming a prime parcel of land into the tallest tower in the city. Driven by Terra's commitment to sustainable design and resiliency, this vision materialized as Five Park Miami Beach, an extraordinary luxury residential tower with world-class amenities and a public park that promotes both environmental stewardship and community access.
Completed as the first new luxury tower in Miami Beach in over a decade, Five Park Miami Beach stands 48 stories tall and offers unparalleled views of South Beach. The development features a unique approach to land use, reducing the tower's footprint to two acres and dedicating the remaining space to green areas. This commitment includes a donation of the adjacent three-acre Canopy Park, now open to the public, which enhances the area’s green space and environmental resilience.
"We are proud to offer a tower that combines exceptional design with forward-thinking sustainability," said David Martin, CEO of Terra. "Five Park sets a new standard for urban living, blending luxury and culture while embracing Miami Beach’s natural beauty."
The design of Five Park involved a collaboration of top-tier architects, designers, and artists. Arquitectonica led the architectural design, while interior spaces were crafted by Gabellini Sheppard and Anda Andrei, who brought her experience from iconic projects such as the Delano South Beach. The Canopy Bridge, designed by French conceptual artist Daniel Buren, will provide a unique pedestrian connection from the tower to the South of Fifth neighborhood, symbolizing the tower’s integration into the fabric of Miami Beach.
"This project redefines the skyline of Miami Beach, offering innovative design and unmatched amenities," said Russell Galbut, Chairman of GFO Investments. "With the addition of Canopy Park and the pedestrian walkway, we are offering a level of design and experience that Miami Beach has never seen before."
The tower also introduces new, move-in-ready luxury residences to the Miami Beach market, offering one- to four-bedroom homes starting at $1.5 million. Each residence features expansive floor plans and panoramic views, thanks to the tower's distinctive elliptical shape. Fully furnished model homes are available for a seamless move-in experience.
With 50,000 square feet of amenities, including a wellness center, spa, co-working spaces, and a private beach club, Five Park offers a comprehensive living experience. Residents can also enjoy the exclusive Park Club, featuring a cafe by James Beard award-winning chef Michelle Bernstein, multiple pools, and panoramic views of the city, bay, and ocean.
With its landmark design, sustainability initiatives, and exceptional lifestyle offerings, Five Park Miami Beach represents the future of luxury living in one of the world’s most iconic destinations.
