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CLIENT NEWS: “It’s a disaster”: First Live Local Act proposal in Surfside riles up small coastal town

January 14, 2026

A proposal for Surfside’s first Live Local Act project with an 11-story building in an area capped at four floors has riled the coastal municipality. Two developers want to build Ocean Walk Residences & Hotel with 33 residential and hotel units on the 0.3-acre site at 250 95th Street, according to an application filed in November. The applicants are Florida Postal Holdings, which is tied to Andrew Spodek, and an entity called Ocean Walk Surfside LLC, registered to an attorney[...]

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FIRM NEWS: Historic First in Miami Beach: Live Local Act Application Approved

January 14, 2026

Bercow Radell Fernandez Larkin & Tapanes is proud to announce that Michael Larkin and Nicholas Rodriguez have achieved the first-ever Live Local Act application approval in the City of Miami Beach, a major milestone for housing and resiliency policy. After encountering resistance to a traditional code amendment for a 100% workforce housing project, our team strategically pivoted to the Live Local Act. We secured a favorable interpretation that allowed our client to maximize density, then successfully navigated the City’s complex[...]

CLIENT NEWS: Coral Rock scores $54M construction loan for Live Local Act project in Allapattah

December 30, 2025

Coral Rock Development Group scored a $54 million construction loan for a Live Local Act project in Miami’s Allapattah. Developers across South Florida have seized on the state workforce and affordable housing law by filing a flurry of proposals, but few have advanced their projects to the financing and construction stage. Coral Gables-based Coral Rock plans to start construction in the first quarter on the eight-story, 227-unit Dulce Vida apartment building on a 1.3-acre site at 1785 Northwest 35th Street,[...]

CLIENT NEWS: MG Developer, Prosper propose 30-story condo on waterfront site

December 30, 2025

MG Developer and Prosper Group filed plans for a 30-story luxury condo tower along the water in North Bay Village. MG Prosper NBV LLC, a partnership between MG Developer, led by Alirio Torrealba, and Prosper Group, led by Jay Roberts, filed an application to Miami-Dade County’s Shoreline Development Review Committee for the 0.98-acre site at 1681 and 1725 N. Bay Causeway. It currently has an 18,758-square-foot office building that was constructed in 1961. The developers purchased the property for $30.9[...]

CLIENT NEWS: Inexpensive short-term rental project in Overtown scores $93M construction loan

December 30, 2025

PMG, Michael Simkins’ Lion Development Group and Alex Karakhanian’s Lndmrk Development scored a $92.5 million construction loan for their short-term-rental friendly condo project in Miami’s Overtown neighborhood. The partners secured financing from New York-based Maxim Capital Group, according to a news release. The loan is for One West Twelve Residences (One W12), the 22-story, 372-unit condo project planned for 105 Northwest Eleventh Terrace. The partners launched sales for One W12 last year, which is 97 percent presold, according to the[...]

INDUSTRY NEWS: Builders Association of South Florida Celebrates Industry Leadership at 2025 Holiday & Awards Celebration

December 11, 2025

December 11, 2025 — The Builders Association of South Florida (BASF) hosted its annual Holiday and Awards Celebration this evening, bringing together industry leaders, elected officials, public-sector partners, and BASF members to honor another exceptional year of collaboration, advocacy, and community impact. The event was led by Master of Ceremonies Jose Felix Diaz, who opened the celebration by recognizing BASF’s commitment to its core mission: ensuring a streamlined permit process, advancing legislative advocacy, and strengthening partnerships across municipal, county, state,[...]