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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: Miami’s Westernmost 600-Foot Tower Gets FAA Approval, With Construction Now Underway

October 15, 2021

A 54-story tower on the Miami River has been granted height approval from the Federal Aviation Administration. The tower will be permitted to rise 640 feet above ground, or 645 feet above sea level, according to the approval notice. At that height, it will become the westernmost 600-foot tower ever built in Miami. The approval was issued today (October 14) after four months of review. Two tower cranes were also approved to rise 760 feet above ground, or 765 feet[...]

CLIENT NEWS: 22-story office/commercial tower in Health District wins OK

October 1, 2021

A plan to construct a state-of-the-art office tower in the city’s Health District has been recommended for approval by a city review board. Owner-developer TCD 212 Civica FL Property plans the commercial and office building at 1050 and 1000 NW 14th St., a high-profile site south of Northwest 14th Street, just north of the Dolphin Expressway (836) and west of Northwest 10th Avenue. Miami’s Urban Development Review Board recommended approval. Overall, the building would have 731,472 square feet of floor[...]

CLIENT NEWS: Miami River Developer Files Plans to Install 765 Foot Tower Cranes

September 28, 2021

The developer of a 54-story residential tower on the Miami River has applied for permission to install two tower cranes to assist with vertical construction. According to the September 20 filing with the FAA, the two cranes will rise 760 feet above ground, or 765 feet above sea level. In total, the cranes will be in place for an estimated 18 months. It is likely that the cranes will become the tallest ever this far inland in Miami. The tower[...]

CLIENT NEWS: Boutique Class “A” Office Building Proposed for Abandoned Fifth Street Construction Site

September 22, 2021

A joint venture between New York-based developer Sumaida + Khurana and global real estate development firm Bizzi & Partners purchased an abandoned construction site in the South of Fifth neighborhood earlier this summer with the idea of constructing a boutique Class A office building designed by renowned Spanish architect Alberto Campo Baeza. The developers are planning 38,000 sq. ft. of offices in a building that would face 5th Street as you enter Miami Beach from the MacArthur Causeway. The new[...]

CLIENT NEWS: 21-story office building proposed in Miami Health District

September 20, 2021

An office building could rise in the parking lot of a shopping center in the Miami Health District. The city’s Urban Development Review Board on Sept. 14 will consider the application for the 2.14-acre site at 1000 and 1050 N.W. 14th St., on the north side of the Dolphin Expressway/State Road 836. The property currently has Civica Center, a three-story shopping plaza of 74,463 square feet, plus a 4,768-square-foot bank branch. Both of those buildings would remain while the office[...]