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.

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.

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.

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, 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.

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.

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, 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 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.

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.

David Martin’s development firm Terra and the Meruelo family are moving forward with plans to redevelop the former Deauville Beach Resort site in Miami Beach after receiving a unanimous recommendation from the city’s planning board in yesterday’s meeting.

Coconut Grove-based development firm Terra, led by David Martin, has secured a total of $291 million in permanent financing for the newly completed first phase of Centro City, a 38-acre mixed-use development located in the center of Miami-Dade County, just west of Little Havana.

One Thousand Group and Terra have secured a $285 million construction loan to bring Villa Miami to life in Miami’s East Edgewater neighborhood. As the first-ever residential tower branded by the world-renowned Major Food Group (MFG), the 650-foot-tall waterfront condominium is set to become a new architectural landmark on Biscayne Bay.

Terra, led by David Martin; One Thousand Group, led by Kevin Venger, Louis Birdman and Michael Konig; and Major Food Group Co-Founders Jeff Zalaznick, Mario Carbone, Rich Torrisi along with Miami partner Alex Pirez, celebrated the official groundbreaking of Villa Miami, a visionary luxury tower marking the first condominium branded by the renowned hospitality brand.

Miami Beach-In 2020, David Martin and Russell Galbut sat down to conceptualize a challenging yet coveted project—a parcel of land at Miami Beach’s entrance, primed for development. Driven by Terra’s commitment to resiliency and conscious design, the two developers envisioned Miami Beach’s tallest tower, featuring luxury residences, top-tier amenities and a public park.

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.

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.

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.

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).

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.

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.

FIRST ON PROFILE: West Palm Beach will soon welcome its first branded luxury real estate development to one of Florida’s fastest growing metropolitan cities. Terra, one of South Florida’s most active real estate development firms, and the Palm Beach-based Morrison family’s Sympatico Real Estate, have unveiled plans for Mr. C Hotel & Residences in West Palm Beach, Florida.

Miami-based real estate developer Terra, led by David Martin, and Internationally-acclaimed wellness brand, THE WELL, have broken ground on THE WELL Bay Harbor Islands located at 1100 Kane Concourse in Miami’s Bay Harbor Islands. The groundbreaking took place on October 9th with the residences already at 50% sold. THE WELL Bay Harbor Islands is an eight-story luxury residential building with 54 bespoke residences and more than 22,000 SF of amenities.

Terra, one of South Florida’s most active commercial and residential development firms, has completed construction of Doral Atrium, a 78,000 square foot lifestyle-driven retail development in Miami’s burgeoning City of Doral. News of Doral Atrium’s completion accompanies the signing of a 1,480 square foot new-to-market lease with TREMBLE Pilates Studio at the development.

A joint venture between leading Miami-based developers Terra, led by David Martin, and Michael Simkins’ Lion Development Group, has closed on the $40 million purchase of a prime 1.6-acre piece of property located at 3501 NE 1st Avenue in Miami. Plans call for an iconic luxury condominium tower designed by Miami-based architect Arquitectonica and international design studio Yabu Pushelberg set to rise at the nexus of Miami’s most in-demand neighborhoods.

SmartCity Miami LLC, an investment group led by Miami-based Terra and it’s CEO David Martin is set to acquire the former-Miami Herald headquarters development site for a record $1.225 billion from Genting Group. The investment group has finalized terms for the acquisition of the 15.5-acre site which features 800’ of direct frontage on Biscayne Bay, the closing is set to take place later this year.

Iconic Miami-based real estate development firms Terra and One Thousand Group have joined forces with hospitality powerhouse Major Food Group to reveal the Villa, a gleaming ultra-luxe waterfront tower in Miami’s Edgewater neighborhood. The Villa will be one of the most coveted residential and lifestyle experiences in the world, created by a first-of-its-kind partnership uniting the visionaries behind some of the most acclaimed hospitality, private club and residential experiences to shape the future of modern luxury living.

Club Studio, a new high-end fitness concept by Fitness International, the company behind LA Fitness, has signed a 38,400 square foot lease at Grove Central, a mixed-use transit-oriented development underway in Miami’s Coconut Grove neighborhood. The new state-of-the-art gym will incorporate innovative boutique fitness classes along with plenty of free weights, strength and cardio areas, a dedicated functional training area, cryotherapy and recovery services, locker rooms, and more.

Terra, in partnership with AB Asset Management, has secured a $43.2 million refinancing loan for Residences in the Grove, a 148-unit luxury condominium located at 2835 Tigertail Avenue in the heart of Miami’s Coconut Grove neighborhood. The financing, provided by City National Bank of Florida and KS Finance Corporation, will fund preliminary demolition and site-work in preparation for the project’s groundbreaking.

Two of South Florida’s premier real estate developments groups, Terra and Turnberry, have selected Balfour Beatty as the general contractor for the new Grand Hyatt Miami Beach Convention Center Hotel. Located at the intersection of 17th Street and Convention Center Drive, the 17-story, 800-room hotel will serve as the central anchor of the Miami Beach Convention Center District