By Oscar Nunez

Developer Secures $245 Million Bridge Loan For Phase 1A Of Upland Park In West Miami-Dade

Terra has secured a $245 million bridge loan from SCALE Lending, the debt financing arm of Slate Property Group, for Upland Park Phase 1A, the first residential phase of its $1 billion, 47-acre mixed-use transit-oriented development at 1455 NW 121st Avenue in Sweetwater, West Miami-Dade County. The financing comes as the 578-unit multifamily community has surpassed 60 percent leased less than 90 days after opening to tenants earlier this summer.

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2900 Terrace Tops Out Nearly Three Months Ahead Of Schedule In Edgewater, Miami

By Oscar Nunez

Construction has topped out on 2900 Terrace, a 32-story residential tower at 401 NE 29th Street in Miami’s Edgewater neighborhood. Developed by Oak Row Equities and LNDMRK Development and designed by Arquitectonica, the 362-foot-tall structure is planned to yield 324 rental units, 15,536 square feet of ground-floor retail space, and parking for 504 vehicles. Coastal Construction is serving as general contractor.

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Revised Plans Reveal 540-Unit Nine Hundred At 900 South Federal Highway In Hallandale Beach

By Oscar Nunez

Revised plans have been filed for Nine Hundred, a 23-story mixed-use development proposed at 900 South Federal Highway in Hallandale Beach. The latest iteration calls for 540 residential units, approximately 6,000 square feet of commercial space, and 638 parking spaces, with the structure rising approximately 258 feet. Northlink Capital is developing the project, with Idea Architects responsible for the design.

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