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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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Spaghetti Western Star Scores Approval to Build Controversial Brickell Tower

July 30, 2019

More than a year after a preservation effort failed to save Brickell’s Babylon Apartments from the wrecking ball, Miami’s elected officials handed the famed site’s owner another significant victory. The city commission voted 4-1 on Thursday to grant Babylon International’s request to upzone the property at 240 Southeast 14th Street from 12 stories to 24 stories. Commissioners Joe Carrollo, Willy Gort, Keon Hardemon and Manolo Reyes put aside objections from dozens of neighboring condo owners and residents, as well as an impassioned[...]

Miami Worldcenter Residences Plans More Parking for Bikes Than Cars

July 24, 2019

The developer of a major mixed-use residential project within Miami Worldcenter plans a building with more parking spaces for bicycles than for cars. So it may be no surprise that the site abuts a Metromover station. Akara Partners, a Chicago-based real estate investment and development company, is proposing the project in the multi-block Worldcenter development, rising in the Park West neighborhood. AP MWC Property Owner LLC is the applicant for the warrant to allow a new building in the Miami[...]

CLIENT NEWS: Link at Douglas Developers Score $47M Construction Loan

July 12, 2019

The developers of Link at Douglas scored a $47 million loan to build the transit-oriented, mixed-use project near Coral Gables. Adler Group and 13th Floor Investments secured the loan from TD Bank to build the development’s first tower, which will have 312 apartments and 6,000 square feet of retail, according to a press release. The 22-story tower was designed by Corwil Architects. Link at Douglas will be built in phases over the next five years. It will have a total of[...]

CLIENT NEWS: Miami Beach Convention Center Hotel Wins Approval

July 3, 2019

All that’s left now: the aesthetic minutiae and the permits. Arquitectonica’s design for the 185-foot-tall, 800-room, $362 million Miami Beach Convention Center Hotel was unanimously approved by the Miami Beach Design Review Board on Tuesday. The hotel development team, led by developers David Martin of Terra and Jackie Soffer of Turnberry Associates, will still need to return to the city’s planning department to hash out details that include the look of balcony railings and privacy barriers, as well as the appearance[...]

Miami’s Original Seaplane Base Poised for Expansion After Years of Litigation

June 28, 2019

Miami’s first and only seaplane base might be in line for a major facelift after settling a seven-year legal battle with the city, its landlord on Watson Island. The proposal has been moving forward since the operator and the Miami Sports and Exhibition Authority, which leases the 2.9-acre property, ended their legal dispute in 2014 with a new lease spelling out redevelopment parameters. Nautilus Enterprises LLC wants to build a 44,838-square-foot terminal and a 3,600-square-foot hangar and add 51 parking spaces. The[...]