Shoma Group is abandoning plans to redevelop a shuttered car dealership, selling the 2.5-acre site for $35 million to a group that includes Richard LeFrak’s
Tag: development
Swerdlow proposes replacing Miami public housing complexes with 5,000-plus apartments with affordable, workforce units
Developer Michael Swerdlow wants to develop 5,730 multifamily units with some affordable and workforce apartments, replacing five public housing complexes across Miami. Coconut Grove-based Swerdlow
No bid, no problem? Miami-Dade eyeing deal with Michael Swerdlow for workforce housing project
Miami-Dade officials could forgo competitive bidding to have developer Michael Swerdlow build a workforce housing project near a site he’s buying from the county for
Lotis nabs another construction loan for Wellington mixed-use project
Lotis Group landed a $28.2 million construction loan for a Wellington mixed-use project. Amerant Bank provided the financing for the commercial portion of The Square
Fraud accusations fly in Miami waterfront dev site foreclosure suit
A lender is accusing Gomez Development Group and Avenue 4 Partners’ joint venture of engaging in fraud to obtain a $10 million loan. An affiliate
Integritas proposes 57-story hotel, apartment tower in Fort Lauderdale, as investment in the city intensifies
Integritas Capital proposes a 57-story tower with apartments and a hotel in Fort Lauderdale, as investment and development intensifies in the city. The New York-based
David Beckham, partners in $1B Miami Freedom Park allegedly owe $590K in pre-construction services
Development of the $1 billion Miami Freedom Park is off to a rough start with a contractor alleging its owners haven’t paid a past due
Related scores funding from city of Miami for 98-unit affordable housing project in Flagami
Jorge Pérez’s Related Group scored an up to $5.7 million loan from the city of Miami for a 98-unit affordable housing project for senior residents
Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses
The owner of a boat storage facility in Dania Beach plans to replace the property’s marina with two spec warehouses. Banyan Bay Marine Center won
MMG Equity scores approval for 38 townhouses on West Kendall site previously planned for apartments
MMG Equity Partners scored approval for a complex with 38 townhomes and retail in West Kendall, marking a change from its previous plan for apartments.