Due to the collapse of the real estate bubble in 2007, only two residential buildings, and about 2/3 of "The Shops at Midtown" were built.
[1][2] Midtown has grown quickly, and is home to Shops at Midtown, an outdoor shopping area designed to mimic New York's SOHO neighborhood, and home to many national and local stores and restaurants and an abundance of upscale apartments.
At Büro Urbano urban workspace, office spaces are provided for small businesses.
[3] On 1 August 2016, the Centers for Disease Control and Prevention issued a travel warning, advising pregnant women not to visit Midtown Miami, the Design District and Wynwood areas to avoid getting the Zika virus.
[6] By 2007 Bacardi USA agreed to lease a complex in Coral Gables to use as its new headquarters.