Developers plan six-tower project for vacant Midtown lot

Driving the news: The first phase of the six-tower project announced Wednesday by Proper Hospitality, Rosso Development and Midtown Development is a 28-story luxury condominium tower with prices as high as $2.7 million for a penthouse.

• Midtown Park Residences by Proper will include two public parks and walking paths totaling about 40,000 square feet, a spokesperson for the developers tells Axios.

Zoom out: The 288-unit condo tower is part of a larger mixed-use project planned by Rosso Development and Midtown Development to feature four residential towers and two office buildings, per The Real Deal.

• The outlet reports it would include more than 120,000 square feet of retail space, a public racquet court and padel club, and a 25,000-square-foot gym.
• Developers will build two garages with over 1,000 parking spaces.

The intrigue: Among quotes about the benefits of the project, Carlos Rosso told the Real Deal that Midtown is an attractive neighborhood for single women.

• "Women feel very comfortable in this type of environment," Rosso said. "You know what happens when single women pick a neighborhood? Single men follow."
• A spokesperson later clarified to Axios that Rosso meant the neighborhood's wide sidewalks, retail storefronts and greenery create an "inviting and safe environment where people interact throughout the day and night."

What's next: Phase 1 of the project, including the condo tower and parks, is scheduled for completion in 2028.