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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: Aby Rosen’s RFR proposes supertall in downtown Miami

August 9, 2023

Aby Rosen wants to build a 104-story supertall with residential units and a hotel in downtown Miami, joining a group of developers who aim to reach new heights in the city. New York-based RFR Realty, led by Rosen, proposes a 1,049-foot tower with 252 hotel keys, 1,074 residential units and a 1,013-space garage at 130 and 136 Biscayne Boulevard, and 141 Northeast Third Avenue, according to an application RFR filed to Miami-Dade County last month. A spokesperson for the firm[...]

CLIENT NEWS: Miami’s cherished, historic Freedom Tower shut down for a $25 million restoration

August 1, 2023

For 98 years, the Freedom Tower has stood as a symbol of Miami, a cherished, unifying landmark in a city of constant change. Now it’s shutting down. But fear not, the closure is only temporary, and all for the better. Miami Dade College is embarking on a badly needed $25 million renovation of the tower, a national historic landmark and one of the few buildings in the city that fully deserves the overused label of “iconic.” The two-year rehabilitation project,[...]

CLIENT NEWS: Chrysler Building Owner Proposes 104-Story Tower In Downtown Miami

August 1, 2023

Yet another 1,049-foot supertall has just been proposed by a developer for a property in downtown Miami. The tower is planned to rise 104 stories, according to newly filed documents. Preliminary plans show it would include: 1,074 residential units (averaging 1,268 square feet) 252 hotel keys (averaging 540 square feet) 1,013 parking spaces The Yve Hotel, an adjacent parking garage, and a 12-story office building at 141 NE 3rd Ave would be demolished. The adjacent 30-story New World Tower, owned[...]

CLIENT NEWS: South Beach retail slump: Investors buy Collins Avenue building at 75% discount

July 28, 2023

Amid a South Beach retail slump, Northeast investors bought a Collins Avenue building at a deep discount, with plans for a Michelin-starred chef to open a restaurant at the long-vacant site. Garfield and Rebecca Spencer bought the two-story building at 624 Collins Avenue in Miami Beach for $6 million, or 75 percent less than the property’s sale price seven years ago, according to the broker and records. “It’s more indicative of the neighborhood conditions,” broker Drew Kristol said, adding that[...]

CLIENT NEWS: Coral Way Office-Retail Building Seeks Zoning OK

July 27, 2023

A new mixed-use commercial development is targeted for Coral Way with over 120,000 square feet of class-A offices and retail shops. Miami City Commissioners are to hear the second reading of a resolution to rezone the corner lot on Coral Way and Southwest 31st Avenue where the Brito Miami Private School sits. If the city votes to rectify the zoning discrepancy, a proposed five-story office building will rise alongside the neighborhood’s existing commercial corridor. The acre lot, at 3030 SW[...]