Sam Zalmanov (AB Asset Management), Bernardo Fort-Brescia (Arquitectonica), Ray Fort (Arquitectonica), Kane Sarhan (THE WELL), Getzy Fellig (AB Asset Management), David Martin (Terra) and Andres Marquez (Terra)

Terra Breaks Ground on THE WELL Coconut Grove After Locking Down $410 Million Construction Loan

January 30, 2026

A joint venture between Terra, one of South Florida’s leading real estate development firms, and partner AB Asset Management has broken ground on THE WELL Coconut Grove, a transformative mixed-use residential development in Miami’s Coconut Grove neighborhood, with a $410 million construction loan from TYKO Capital.

Construction on Terra, One Thousand Group and Major Food Group's Waterfront Edgewater Tower Villa Miami Surpasses 21st Floor

January 28, 2026

Terra, One Thousand Group and Major Food Group (MFG) have passed a major construction milestone at Villa Miami, the highly anticipated branded residential tower, which has now risen to 21 floors above Biscayne Bay. The 56-story, 650-foot landmark tower features interiors by AD100 designer Vicky Charles and architecture by ODP Architects.

Terra, One Thousand Group and Major Food Group Reveal $55 Million, 15,000 SF Three-Story Penthouse At Villa Miami in Edgewater

December 8, 2025

Marking one of the most ambitious residences ever brought to market in the city, Villa Miami unveils a 15,000-square-foot, three-story estate in the sky. Conceptualized by acclaimed interior designer Vicky Charles of Charles & Co., the waterfront triplex crowns the top of the 56-story tower.

Internationally-Acclaimed Polo Icon Nacho Figueras Signs Contract For Condo At Jean-Georges Miami Tropic Residences

September 4, 2025

Terra, led by David Martin, and co-developer Lion Development, led by Michael Simkins, have announced that the internationally-acclaimed Argentine polo player, model, and philanthropist Nacho Figueras, and his son, polo player Hilario Figueras, have signed a contract at Jean-Georges Miami Tropic Residences.

Terra Secures $285 Million Construction Loan And Announces Groundbreaking For Mr. C Hotel & Residences West Palm Beach

August 21, 2025

Terra, a prominent real estate development company in Miami’s Coconut Grove, and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, announced today the closing of a $285 million construction loan for Mr. C Hotel & Residences West Palm Beach.

Miami Beach City Commission Grants Final Approval for Terra’s Deauville Redevelopment

June 30, 2025

The long-awaited redevelopment of Miami Beach’s historic Deauville Hotel site has cleared its final hurdle, with the Miami Beach City Commission granting full approval to Terra’s development plans. The decision, made on Friday, June 27, finalizes zoning, land use, building height, and public-benefit commitments, paving the way for a major transformation of the iconic North Beach property.

Villa Miami Completes Concrete Pour On Landmark Waterfront Tower in Edgewater

May 27, 2025

Marking a significant milestone for one of Miami’s most anticipated residential towers, Villa Miami completed its concrete foundation pour on May 9. Moss Construction led the 14-hour pour that involved more than 3,400 cubic yards of concrete and 2,095 tons of steel to form the tower’s foundation, further accelerating momentum on the 650-foot waterfront landmark

Terra and Turnberry To Begin Construction of Grand Hyatt Miami Beach After Locking Down $392 Million In Financing

April 14, 2025

Terra and Turnberry, two of South Florida’s leading real estate development firms, have secured $392 million in construction financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center.

Terra and Fortune Acquire Silver Sands Beach Resort in Key Biscayne For $205 Million, Plan Ultra-Luxury Boutique Oceanfront Condo

April 10, 2025

Terra and Fortune International Group, two of South Florida’s most active luxury residential development firms, have formed a partnership to acquire the former Silver Sands Beach Resort property in Key Biscayne, Florida for $205 million.

Mr. C Hotel & Residences West Palm Beach Starts Construction At 65% Sold

March 7, 2025

Terra, a Coconut Grove-based real estate development firm led by David Martin, and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, are set to commence construction on Mr. C Residences West Palm Beach at 65% sold.

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