First & Fifth Tower Receives Unanimous Approval from Miami’s Urban Development Review Board

Credit: ODP Architecture & Design.

Oak Row Equities has secured unanimous approval from Miami’s Urban Development Review Board (UDRB) for First & Fifth, a 45-story multifamily tower designed by ODP Architecture & Design. Set to rise at 49 NW 5th Street in Downtown Miami, the project will span over 700,000 square feet and include more than 500 residential units. Located directly across from MiamiCentral Station, the hub for all four major train systems in South Florida, the transit-oriented development will offer unparalleled connectivity in a neighborhood experiencing rapid growth.

Credit: ODP Architecture & Design.

The building’s design draws inspiration from Miami’s early 20th-century Venetian architectural heritage, incorporating statement-making arches and design elements inspired by the Doge’s Palace in Venice. The new structure will blend seamlessly with the site’s historical features, integrating bright, open spaces and modern amenities while paying homage to the city’s rich past. First & Fifth will feature high-end finishes, breathtaking views, and a comprehensive amenity package tailored to urban living.

Credit: ODP Architecture & Design.

First & Fifth’s proximity to MiamiCentral Station underscores its commitment to transit-oriented development. MiamiCentral connects Brightline, Metrorail, Tri-Rail, and the Metromover, solidifying the location’s transit score of 100. This central position also places residents within walking distance of Miami Dade College’s Wolfson Campus, Miami Worldcenter, the federal courthouse, and the Miami Heat’s arena, enhancing access to education, entertainment, and dining options.

Credit: ODP Architecture & Design.

Credit: ODP Architecture & Design.

In addition to its prime location, First & Fifth reflects Oak Row Equities’ broader investment strategy focused on transit-accessible developments. The firm’s portfolio includes The Oasis, The Wynwood Plaza, and 2600 Biscayne Boulevard, all located near planned Northeast Corridor rail stations. These projects demonstrate Oak Row Equities’ commitment to creating interconnected, sustainable communities across South Florida.

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