Co-developers Terra, led by David Martin, and Lion Development Group, led by Michael Simkins, have launched of sales for Jean-Georges Miami Tropic Residences. Located at 3501 NE 1st Avenue, at the nexus of Miami Design District and Midtown Miami, the building signifies Jean-Georges’ first foray into residential real estate.
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Pair of Highest Penthouses In Miami Beach Revealed Atop Five Park Listed At $19 Million and $20 Million
Miami Beach’s highest penthouses have hit the market for the first time, crowning Five Park, the tallest building in Miami Beach. The residences are listed at $20 and $19 million and are designed by New York design studio Meyer Davis, known for clients like Four Seasons and Auberge Resorts Collection.
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Moss Set To Lead Construction At One Thousand Group, Terra and Major Food Group's Villa Miami
Moss Construction will oversee construction of Villa Miami, a groundbreaking luxury waterfront development in Miami's Edgewater neighborhood. Set to break ground in the summer of 2024, Villa marks the first-ever collaboration between Major Food Group, David Martin’s Terra and One Thousand Group.
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Check Out The Newly Revealed Renderings of Lion Development and Terra's Midtown 1
Renderings have been revealed for Midtown 1, a 48-story tower set to become the tallest in Midtown Miami. The project is being developed by a joint venture between leading Miami-based developers Terra, led by David Martin, and Michael Simkins’ Lion Development Group.
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Michelle Bernstein and Jeffrey Chodorow To Open First Private Restaurant at Five Park Miami Beach
Renowned chef Michelle Bernstein and acclaimed restaurateur Jeffrey Chodorow are set to open their first-ever private restaurant at Five Park Miami Beach. The intimate food and beverage concept will be exclusively available to the residents of the landmark tower which is being developed by David Martin (Terra) and Russell Galbut (GFO Investments).
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Terra Closes on $127 Million Refinancing Loan for Natura Gardens Development
Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $127 million in permanent financing for the development. The loan, issued by an affiliate of MF1 Capital, will be used to pay off and refinance an existing $65 million construction loan, which was provided in 2021 by Bank OZK. Completed in Summer 2023, Natura Gardens includes 460 garden-style rental apartments across 23-acres in Miami’s West Hialeah neighborhood.
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Image Credit: Meyer Davis.
Terra and Sympatico Real Estate Launch Sales For Mr. C Residences West Palm Beach
Miami-based real estate development firm Terra and Sympatico Real Estate, a Palm Beach-based firm owned by the Morrison family, have launched sales for Mr. C Residences West Palm Beach. This 26-story luxury condominium hotel will mark the debut of a branded luxury development in Downtown West Palm Beach.
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Terra and Grass River Property Complete Grove Central Transit Oriented Mixed-Use At Gateway to Coconut Grove
Terra and Grass River Property, two of the deepest-rooted development firms in Miami’s Coconut Grove neighborhood, have completed construction of a new mixed-use multimodal complex that exemplifies smart development in South Florida. Grove Central, located at the intersection of US-1 and SW 27th Avenue, includes a 23-story residential tower with 402 multifamily, workforce and co-living units.
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Duncan Robinson of The Miami Heat Purchases Unit at Villa Miami
Terra and One Thousand Group, developers of Villa, the first luxury condominium tower branded by the hospitality powerhouse, Major Food Group (MFG), confirmed the sale of a residence valued at $4.6 million to Duncan Robinson, a forward for the NBA’s Miami Heat. The announcement comes on the heels of the property’s September sales launch.
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Only Luxury Condominium to be Delivered in South Beach This Year Tops Off
Terra, led by David Martin, and GFO Investments, led by Russell Galbut, topped out construction for Five Park Miami Beach, the only high-rise residential condominium delivered in South Beach this year. A visual beacon marking the entryway into Miami Beach, the development pairs a landmark residential tower with the adjacent three-acre Canopy Park and art-inspired Canopy Bridge.
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