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CLIENT NEWS: Boucher, Major Food Group seek design approval for reimagined Nikki Beach site

March 24, 2026

Major Food Group and Boucher Brothers are pressing ahead with plans to redevelop a Miami Beach entertainment venue on city-owned land even as the current operator is still fighting to hold onto its ground lease. The joint venture will go before the Miami Beach Design Review Board Thursday, seeking the green light for a complete reconstruction of Nikki Beach, a waterfront restaurant and club at 1 Ocean Drive. Three years ago, the Miami Beach City Commission awarded a new concessions[...]

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CLIENT NEWS: Inside the developer gold rush to update Miami-Dade’s aging public housing

March 3, 2026

A collection of two-story buildings with orange stucco walls sits on a quiet lot along Miami’s busy Northeast Second Avenue. A few blocks west, single-story white homes with air-conditioning units wedged in windows and clotheslines in courtyards cluster underneath Interstate 95. These are some of Miami’s public housing complexes, built from the 1940s to the 1970s along a mile stretch in the Little River neighborhood, and now primed for their next era. Over the next eight years, Swerdlow Group plans[...]

CLIENT NEWS: Ricardo Dunin launches House of Wellness-branded Brickell condos

February 24, 2026

Ricardo Dunin is launching House of Wellness-branded condos in Brickell, his latest addition to the thousands of units he has planned in the neighborhood. North Development, the joint venture between Dunin’s Oak Capital and Juan Carlos Tassara’s Edifica, kicked off sales for the 34-story, 656-unit condominium planned at 152 Southwest 9th Street, according to a news release. The tower was proposed as a 43-story, 832-key hotel in 2024. Since pivoting, they’ve tapped Fortune Development Sales to lead marketing for the[...]

CLIENT NEWS: Avalon Bay, MG Developer bet on Miami apartment market to balance out

February 24, 2026

As South Florida’s multifamily market slows, AvalonBay Communities and MG Developer are proposing 374 apartments in separate Miami projects. Arlington, Virginia-based AvalonBay wants to develop an eight-story, 166-unit building on a 1.6-acre site on the southwest corner of Southwest 23rd Street and Southwest 32nd Avenue, according to its application to the Miami Urban Development Review Board. AvalonBay paid $11.2 million for the site in November, property records show. It consists of lots at 2340 Southwest 32nd Avenue, 3224-3232 Southwest 23rd[...]

CLIENT NEWS: MG Developer plans hundreds of apartments on hotel site

February 19, 2026

MG Developer could build apartments next to its Regency Miami Airport by Sonesta hotel in Miami. The city’s Urban Development Review Board [approved] plans for the 3.79-acre property at 1000 N.W. 42nd Ave. on Feb. 18. It currently has a 176-room hotel that was built in 1982. MG Regency Airport LLC, an affiliate of Coral Gables-based MG Developer, led by Alirio Torrealba, acquired the hotel for $36 million in 2024. The company is primarily a multifamily developer. Under the plans[...]

CLIENT NEWS: Acre agrees to public parking, $1M mitigation payment as Legion Park apartments move forward

February 6, 2026

Acre won approval for an apartment complex adjacent to a 48-acre waterfront park in Miami, agreeing to create public parking and offering a $1 million mitigation payment to the office of a Miami City Commission member. The 337-unit project, called Adela II, would rise at 645 Northeast 64th Street, just south of Legion Park and west of Acre’s 236-unit Adela at MiMo Bay apartment complex. The project has financing in place, including a loan from Canyon and equity from Acre’s[...]