South Beach continues to undergo a major shake-up as a new hotel is now under construction at the corner of 5th Street and Michigan Avenue in South Beach. The project will be designed by Kobi Karp and the hotel will be 27,000 SF on the 14,000 SF property. Signs on the property refer visitors to the Roca Hotel website, which is registered by RG Group. Renderings have the building as the Michigan Hotel. There has been some rumblings as of late that 5th Street may undergo a name change to Miami Beach Boulevard, though that still remains to be seen.