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CLIENT NEWS: Celebrity-favorite restaurant from Dubai coming to Miami Beach

December 11, 2024

Gaia, a globally renowned Greek-Mediterranean dining destination from Dubai, is set to debut its first U.S. location in Miami Beach’s South of Fifth community come summer 2025. Conceptualized by British-Nigerian Chef Izu Ani and hospitality entrepreneur Evgeny Kuzin, the restaurant is a flagship of Fundamental Hospitality, with existing locations in Dubai, London, Qatar, Monte-Carlo and Marbella. The upscale eatery, which is named after the Greek goddess of the earth, will open on the ground floor of the Marea Condominium, 801[...]

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CLIENT NEWS: David Martin proposing mixed-use tower at Miami Beach Marina

April 20, 2020

Terra’s David Martin hopes to develop a 23-story tower at the Miami Beach Marina in the city’s South of Fifth neighborhood. Martin spoke before the city’s Finance and Economic Resiliency Committee on Friday, which met via video conference, kicking off a process that would require residents to eventually vote on ballot questions tied to extending and amending the city’s lease of the marina, selling air rights and possibly a request to increase the allowable floor area ratio. “Without community support, this[...]

COVID-19 and Land Use Needs: What You Need to Know

April 7, 2020

Dear Clients and Friends, We hope that you and your families are staying safe and healthy. Our firm’s transition to remote work has proven seamless. We are fully operational and working collaboratively with our clients, project teams, industry partners and local government officials to ensure that our matters, from acquisition due diligence, project design, and entitlements to permitting, inspections, and licensing, are moving forward. During these uncertain times, you may be concerned about the ability to proceed with your development[...]

CLIENT NEWS: Target store signs for planned Overtown block

April 1, 2020

Retail giant Target has signed a letter of intent to open a store inside a planned mixed-use retail and residential development in Overtown called Block 55, according to the developer of the expansive project. The developer, in concert with the board of directors of the Southeast Overtown/Park West Community Redevelopment Agency (CRA), plans to construct the project at eight and 12 stories, on land at 249 NW Sixth St. The project was considered recently by the city’s Urban Development Review[...]

CLIENT NEWS: Lennar scores $45M construction loan for Wynwood apartment project

March 30, 2020

A subsidiary of Lennar scored a $44.8 million construction loan for an apartment project on the former site of Wynwood Yard. The Miami-based company secured the loan from Santander Bank to construct the 11-story, 189-unit apartment building with nearly 17,000-square-feet of commercial space and 324 parking spots, records show. The project will be known as Wynwood Green. Lennar purchased the 1.26-acre property in January 2019 for $17 million. The property is at 48, 56, 64, 70, 82, 90 and 98 Northwest 29th[...]

CLIENT NEWS: Spotify to Open a Headquarters Office at the Oasis in Wynwood, Which Will Open Later This Year

March 5, 2020

The developers of The Oasis in Wynwood have announced that Spotify will anchor the project with a new headquarters office. The Oasis is under construction. It is scheduled for completion in late 2020, developers announced last week. The project will include an outdoor food hall featuring multiple food and beverage concepts around a 35,000 square foot heavily landscaped courtyard. There will also be a stage with nightly live music, and a bar. A 75-foot tower will feature rotating art installations.[...]