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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,[...]

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CLIENT NEWS: Mast Capital presents plan for 290-ft tower at I-195 entrance to Miami Beach

May 8, 2020

Mast Capital has decided not to move ahead with approved plans for its Alton Bay residential project at one of Miami Beach’s gateways and, instead, wants to build a 290-ft residential tower. The proposal, for a parcel at the intersection of Alton Road and I-195 next to Talmudic University, can only move forward if the City Commission agrees to allow an increase in height from the current 85-ft limit. Mast purchased the property from the university in October 2014 for[...]

CLIENT NEWS: Russell Galbut’s Crescent Heights wants rooftop movie theater at 1212 Lincoln

May 7, 2020

Russell Galbut’s Crescent Heights wants to open an outdoor rooftop movie theater at its 1212 Lincoln Road project on Alton Road in Miami Beach. Miami Beach’s Land Use and Sustainability Committee on Wednesday moved to have the Miami Beach City Commission vote on a proposal next Wednesday that would allow rooftop movie theaters along Alton Road’s commercial corridor between 14th Street and the Collins Canal. The committee did not offer a recommendation. The zoning rule, if approved, would allow outdoor[...]

COVID-19 and Construction: What You Need to Know — May 4

May 1, 2020

Partner Melissa Tapanes Llahues will be a panelist on a webinar Monday, May 4 at 2 p.m. sponsored by FIU’s President’s Council, discussing the state of South Florida’s construction industry and the long term effect of the COVID-19 pandemic. For more information, contact 305.348.1622 or email prescoun@fiu.edu.

CLIENT NEWS: David Martin proposing mixed-use tower at Miami Beach Marina

April 20, 2020

Terra’s David Martin hopes to develop a 23-story tower at the Miami Beach Marina in the city’s South of Fifth neighborhood. Martin spoke before the city’s Finance and Economic Resiliency Committee on Friday, which met via video conference, kicking off a process that would require residents to eventually vote on ballot questions tied to extending and amending the city’s lease of the marina, selling air rights and possibly a request to increase the allowable floor area ratio. “Without community support, this[...]

COVID-19 and Land Use Needs: What You Need to Know

April 7, 2020

Dear Clients and Friends, We hope that you and your families are staying safe and healthy. Our firm’s transition to remote work has proven seamless. We are fully operational and working collaboratively with our clients, project teams, industry partners and local government officials to ensure that our matters, from acquisition due diligence, project design, and entitlements to permitting, inspections, and licensing, are moving forward. During these uncertain times, you may be concerned about the ability to proceed with your development[...]