CLIENT NEWS: MG Developer plans hundreds of apartments on hotel site

February 19, 2026

MG Developer could build apartments next to its Regency Miami Airport by Sonesta hotel in Miami. The city’s Urban Development Review Board [approved] plans for the 3.79-acre property at 1000 N.W. 42nd Ave. on Feb. 18. It currently has a 176-room hotel that was built in 1982. MG Regency Airport LLC, an affiliate of Coral Gables-based MG Developer, led by Alirio Torrealba, acquired the hotel for $36 million in 2024. The company is primarily a multifamily developer. Under the plans[...]

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CLIENT NEWS: Developer Releases New Details Of Complex Designed By Rafael Viñoly In Zoning Filing

March 18, 2022

The developer planning the massive Casa Forma complex designed by architect Rafael Viñoly has released new details of the project in an application for a zoning hearing, as it continues to move through the approval process. A request for a zoning hearing was filed with Miami-Dade County on March 10, and documents relating to the filing were submitted on March 14. According to the new filing, Casa Forma will include: 1,441 residential units 143,328 square feet of office 7,959 square[...]

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CLIENT NEWS: Alex Karakhanian sells Miami Design District retail building for $8M

March 18, 2022

Alex Karakhanian’s Lndmrk Development sold a fully leased Miami Design District retail showroom for $8.5 million. Investor Glenn Braswell Jr. bought the 4,500-square-foot building at 3740 Northeast Second Avenue. Kitchens by Studio Kaza, the local operating partner of Brazil-based furniture manufacturer Kitchens, leases the building, according to the broker’s news release. Tony Arellano and Devlin Marinoff of Dwntwn Realty Advisors represented the seller, and the brokerage’s Max Loria represented Braswell. The one-story building was constructed in 1951 on just over[...]

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CLIENT NEWS: Aimco teams up with Brooklyn firm to develop mixed-use project in Miami’s Edgewater

March 17, 2022

A Brooklyn real estate firm is partnering with apartment real estate investment trust Aimco to develop a mixed-use project in Miami’s Edgewater. The development site is on the same block where Aimco has been assembling land and gut-renovating the Hamilton on the Bay apartment tower. Beitel Group paid $45 million for the 2.8-acre property at 3333 Biscayne Boulevard, two months after Denver-based Aimco’s $1.7 million purchase of 440 Northeast 34th Street, according to Marcus & Millichap, which represented the seller.[...]

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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[...]

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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[...]

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