CLIENT NEWS: Miami Beach approves 2 rooftop padel facilities
November 13, 2025Miami Beach residents can look forward to expanded padel offerings.
At its Sept. 17 meeting, the City Commission approved two separate measures to build a total of up to 20 padel courts on the roof level of two public parking garages.
The first project is on the roof of the G5 Parking Garage at 640 17th St., next to Lincoln Road. An affiliate of Coral Gables-based Padel X will lease 39,000 square feet there for 10 covered and climate-controlled padel courts, plus a pro shop, lounge, spectator area, concession stands, locker rooms and restrooms. That would replace about 200 parking spaces.
The lease agreement is for just under 10 years. The Padel X affiliate would pay a base rent of $200,000 for the first year, with annual rents increasing by 3% a year after that. In addition, the company would pay the city 3% of all income in excess of $4.5 million each year.
The facility is slated to open in about 18 months.
As part of the project, the city plans to create a separate condominium status for the padel premises to preserve the tax-exempt status of the garage.
The city issued a request for proposals for the public-private partnership in February.
The second project is on the top floor of the garage at 550 Lenox Ave. in South Beach, part of a multilevel commercial building and garage known as the 5th & Alton Condominium.
The property is run as a public-private partnership between the city and an affiliate of Edens, a Columbia, South Carolina-based retail real estate developer. Edens holds the majority of the condo units and is responsible for the operations, capital improvements and upkeep of the property.
MB Padel LLC, managed by Travis Winston of Miami Beach, will lease the southern portion of the garage’s top floor for up to 10 padel courts and a clubhouse of up to 2,000 square feet.
The lease is for eight years. MB Padel LLC would pay $103,680 in rent for the first year. Starting in the second year, the annual rent would be the greater of a base of $300,000 or 6% of the company’s gross sales up to $2 million. There would be an annual base rent increase of 3%.
The padel facility will replace 62 parking spaces, 31 of which are owned by the city. As part of the deal, Edens will swap those 31 spaces with an equal number of spaces it has elsewhere in the garage so the city can maintain its 500-space count.
A expected opening date was not immediately clear.
Padel, a racket sport combining elements of tennis and squash, has gained nationwide popularity in recent years, with South Florida emerging as a hot spot.
As of June 30, the number of padel clubs in the country had grown nearly 52%, year over year, according to the State of Padel in the U.S. Report 2025 by Misitrano Consulting.
There are about 688 padel courts and 113,000 active players in the U.S., the New York-based consultancy estimates, with many in California, Florida and Texas.
On the corporate side, South Florida is also home to several major players in the space, including Miami-based Sunrise Padel Capital, which completed a $25 million capital raise in July aimed at expanding padel club development nationwide.
In recent years, South Florida officials have leaned more on public-private partnerships to finance and develop major works, including sports projects.
These include the Miami-Dade Regional Multi-Sport Park project near Doral, the $280 million Sports Performance Hub in Homestead and The Fort pickleball complex in Fort Lauderdale.
