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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: 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[...]

CLIENT NEWS: Developer Signs Deal For Utilities At One Southside Park Megaproject In Brickell

February 24, 2022

Miami Dade’s Water and Sewer Department finalized a deal last week to supply water and sewer utilities to the One Southside Park project in Brickell. The developer also obtained final approval for the project from Miami Dade planners in late December, county records show. It went through county planners for review under their Rapid Transit Zoning scheme, rather then through the City of Miami Planning Department. Construction is already underway, with groundbreaking in April 2021. According to the newly completed[...]

CLIENT NEWS: Foundation Work Continues At Block 55 Vertical Retail & Residential

February 24, 2022

Foundation work is continuing at the Block 55 project in Overtown, according to photos this week by Ryan RC Rea. Groundbreaking took place in June 2021, and foundation work has been ongoing since then. Block 55 will include: 578 affordable apartments for seniors 250,000 square feet of retail space 1,050 parking spaces A 1,400 square foot police substation Tenants will include Target (with a Starbucks and CVS inside), an Aldi grocery, Burlington department store, and Ross Dress for Less. Published[...]