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: Developers Propose Miami-Dade Mixed-Use Project with 5,000 Apartments

February 13, 2024

Plans for one of Miami’s largest ever developments have been revealed as part of a bid for county property in the Little River and Little Haiti area, according to the Herald. Swerdlow Group is partnering on the bid with AJ Capital Partners, which controls 27 acres in the area. Four Miami-Dade public housing projects, including Victory Homes and New Haven Gardens, would be redeveloped along with the private property (the proposal is in response to a county RFP for the[...]

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CLIENT NEWS: Swerdlow proposes $3B project with 5k affordable apartments in Miami

February 13, 2024

Swerdlow Group is proposing a massive, mixed-use public housing project spanning 65 acres along Miami’s Little River and Little Haiti neighborhoods. The development could cost $2.6 billion and create nearly 5,000 workforce and affordable housing units. Coconut Grove-based Swerdlow Group responded to Miami-Dade County’s request for proposals to redevelop and expand four public housing projects, according to the Miami Herald. The entire project would include private land and would be mostly privately financed. It could take nearly a decade to[...]

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CLIENT NEWS: Massive Miami makeover? 5,000 affordable apartments proposed for aging industrial area

February 13, 2024

A gargantuan redevelopment proposal by a prominent Miami developer would dramatically reshape a nearly mile-long stretch of the city’s Little River and Little Haiti neighborhoods, bringing big-box stores, a new Tri-Rail station and nearly 5,000 affordable and workforce apartments to a hardscrabble area in dire need of new housing and jobs but leery of gentrification. Unlike much of the redevelopment now enveloping Miami, which is focused on high-income people and luxury apartments, the plan spearheaded by Coconut Grove-based developer Swerdlow[...]

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CLIENT NEWS: Construction Continues To Progress At 645-Foot Miami River Tower In Brickell

February 8, 2024

Glass railing installation is now nearly complete at the 54-story Miami River apartment tower under construction in Brickell, according to photos by Phillip Pessar. The 645-foot tower topped off last summer, becoming the westernmost tower in Miami to surpass the 600 foot mark. The Miami River tower will have 632 apartments. The first phase under construction also includes retail space, and a riverfront promenade open to the public. There are multiple other phases planned at the development, which is known as[...]

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CLIENT NEWS: Three Towers Approved in North Miami Beach

February 5, 2024

The North Miami Beach city commission voted 5-2 last month to approve a large-scale housing development that just weeks prior seemed to have little support. Developer May NMB LLC – a collaboration between New Jersey-based Accurate Builders and Kastel Development – brought forth a series of compromises in response to outcries from both commissioners and residents in December 2023 that the plan in its original form wasn’t cutting it. The proposal for 16385 NE 22nd Ave. consists of three towers,[...]

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