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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: Witkoff, Monroe score record $430M construction loan for Shore Club

July 26, 2023

Witkoff and Monroe Capital secured $430 million in construction financing for their Shore Club project in Miami Beach, likely marking the largest such loan for a residential development in South Florida — at a challenging time in the market. J.P. Morgan provided the financing for the luxury condo and resort development planned for 1901 Collins Avenue, according to a press release. New York-based Robert A.M. Stern is designing the oceanfront project alongside Kobi Karp Architecture & Interior Design. The 49[...]

CLIENT NEWS: Hospitality Tracker: Philippe Chow plans South Beach location

July 25, 2023

New York-based Philippe Chow hopes to occupy the coveted restaurant space at One Ocean South Beach, according to site plans submitted to the city of Miami Beach. The eatery would offer its Beijing-inspired cuisine in the entire ground-floor space at the condominium in the heart of the South of Fifth neighborhood. The building is owned by Los Angeles-based Black Lion Investment Group. Founded by its namesake chef, the first Philippe Chow restaurant opened in Manhattan in 2005. In 2019, a[...]

CLIENT NEWS: Coral Rock Development Group Unveils Plans For Mixed-Use Project ‘Dulce Vida’ In Allapattah, Miami

July 21, 2023

Coral Rock Development Group, a leading real estate development company based in Coral Gables, has unveiled plans for Dulce Vida, a transformative mixed-use, mixed-income development located at 1785 Northwest 35th Street in Miami’s Allapattah neighborhood. The project aligns with Florida’s SB 102 law, which aims to promote mixed-income developments and increase access to affordable housing. Dulce Vida will encompass 200 rental units designed to cater to a diverse range of residents. Of these units, 85 will be designated as affordable[...]

CLIENT NEWS: Thousands of apartments may rise on old Miami Arena site

July 13, 2023

A vast and towering mixed-use residential development would give new life to the long-vacant former Miami Arena site in the heart of downtown. WG 700 NORTH MIAMI LLC, owner-developer of the property at 721 NW First Ave., plans a phased project to include up to 2,346 rental apartments, ground floor retail, amenities, and parking for about 2,078 cars. The design provides three separate towers above the eighth amenity level, with the maximum height 54 stories. The city’s Urban Development Review[...]

CLIENT NEWS: Level 50 Poured At Miami River Tower, Top Off Soon

July 11, 2023

At Chetrit Group’s The River District, the first tower has reached level 50 of construction, according to a social media post by contractor G.T. McDonald Enterprise. It has been just 13 months since the project went vertical, G.T. McDonald wrote. Top off is likely coming soon, with a total of 54 floors planned. The tower is planned to have a permanent of 648 feet. The first phase of construction will have 632 apartments, retail space, and a riverfront promenade open to[...]