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CLIENT NEWS: Alirio Torrealba revs up MG Developer’s South Florida pipeline

September 4, 2025

When Alirio Torrealba got started in the real estate business in South Florida, he had neither experience in development nor proficiency in English. He somehow still led the wave of new townhome and condo development in Coral Gables, before expanding into multifamily. Just a decade after its founding, his Coral Gables-based MG Developer is sitting on a project pipeline of more than $500 million, which stretches into Hialeah, Miami, Doral and North Bay Village.Torrealba has veered into a faster lane[...]

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CLIENT NEWS: Developer Files Plans To Build Major Supertall Tower In Brickell

March 10, 2022

Plans for a new Brickell Supertall tower called Major have been formally filed with Miami-Dade County Planners. Major is proposed to rise 1,049 feet above sea level, or 82 stories, according to the newly filed plans. The 1,049-foot height is the maximum that the Federal Aviation Administration has approved for Miami thus far. Major is proposed to include: 259 residential units 50,490 square feet of commercial / food and beverage spaces Approximately 250 parking spaces (stacked spots accessible by car[...]

CLIENT NEWS: South Dade boom: D.R. Horton wants to build townhouses in Homestead, another developer proposes apartments in Naranja

March 10, 2022

Two developers are proposing new housing projects in south Miami-Dade County, showing the area has caught the eye of builders amid high demand linked to population growth. Major homebuilder D.R. Horton, based in Arlington, Texas, wants to build a 67-townhouse complex in Homestead, and D.E.V. & Associates proposes a 202-unit multifamily building in the Naranja neighborhood in unincorporated south Miami-Dade, according to preliminary applications submitted to the county. D.R. Horton, whose chairman is Donald Horton and president and CEO is[...]

CLIENT NEWS: Commissioners To Vote On Utilities Deal For Seaplane Base

March 3, 2022

Miami commissioners are scheduled to vote on a utilities deal that would allow a seaplane base to be built in the waters off downtown Miami. Nautilus Enterprises is developing the new terminal, which will be operated by Chalk’s Airline Inc. Most of the space in the new project will be devoted to restaurant use, despite it being an air terminal. According to agenda item scheduled for Miami’s commission next week, the seaplane terminal will have: 30,483 square feet of full[...]

CLIENT NEWS: Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall

March 3, 2022

Jackie Soffer’s Turnberry Associates wants to build a 14-story office and retail project near Aventura Mall — and link it through a pedestrian overpass to a future Brightline station. Turnberry Associates is asking the city of Aventura for conditional use approval for the extra two stories of height from the currently allowed 12 stories on the 3.4 acre site at 2750 Northeast 199th Street, according to the city’s commission agenda documents. The project, called Two Turnberry, would have 240,000 square[...]

CLIENT NEWS: Mathieu Massa buys Miami Beach development site for $14M

February 25, 2022

Developer and restaurateur Mathieu Massa bought a development site in Miami Beach for $13.5 million. Property records show that an entity linked to Enrique Colmenares sold the lots at 427 22nd Street and 2206 Park Avenue to an entity led by Massa. The buyer took out a $6 million loan from City National Bank of Florida and a $2.5 million loan from the seller, records show. Massa declined to comment on his plans for the properties, which are near The[...]