Two of South Florida’s premier real estate development groups, Terra Group and Turnberry Associates, have selected Balfour Beatty Construction 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, steps away from the beachfront, hundreds of shops and restaurants along Lincoln Road, the New World Center, the Bass Museum, and the Fillmore Miami Beach. Early site work at the property is now underway, with vertical construction anticipated to start this year and be completed in 2025.

Renderings have been released for Upland Park, a $1b transit-oriented development planned near the Dolphin Mall. The development will be “the first truly viable alternative to automobile commuting,” according to the project website.

After embarking on projects throughout Miami-Dade County, David Martin’s Terra is making another play on a market it knows well: Coconut Grove.  Miami-based Terra and Miami Beach-based AB Asset Management want to replace The Malone hotel at 2835 Tigertail Avenue in Miami with a five-story apartment building, according to city records. The Residences in the Grove would have 174 units; 24,000 square feet of retail; and 344 parking spaces. 

The 3-acre Canopy Park is now nearing completion at the entrance to South Beach, new photos by Ryan RC Rea show. The new park will include a botanical garden, dog park, and fitness area. There will also be an event lawn surrounded by native trees, an art pavilion, and a Monstrum-designed kids zone.

Not just for snowbirds, a fresh new flock of homebuyers are descending on the Sunshine State. Like so many industries across the world, real estate has seen a tremendous shift since the start of the COVID-19 pandemic. More than two years in, the market is still reeling. Remote work is making people rethink where they can (and want to) live, while inventory remains frustratingly low for homebuyers at every price point. One of the busiest markets has to be South Florida, which is receiving a migration of diverse groups from nearly every point in the United States.

Members of the fourth generation Cipriani family, internationally renowned for restaurants, landmark event spaces, lounges and residences, Ignazio and Maggio Cipriani pioneered the creation of the Mr. C hotel brand. Influenced by their early childhood, growing up in one of the most esteemed hospitality brands in the world, the brothers drew from their rich family history and combined it with their own 21st century perspectives to conceptualize Mr. C. As the brand ventures beyond hotel into luxury condos, Ignazio and Maggio are paving the way for a new era of serviced residential living.

A real estate developer is merging sustainability and elegance on Miami Beach — and sharing his core principles of successful leadership.

Mr. C Residences Coconut Grove reveals the next phase of amenity offerings with a brand-new rooftop pool deck and bar, billiards library and lounge space. The new spaces are inspired by the iconic glamour of 1950s Italian Riviera and Miami’s distinctive interpretation of Art Deco. Designed by Meyer Davis and Arquitectonica, the additions will elevate the already-luxurious residences amid a buyer shift that expects fully equipped personal sanctuaries from their future homes.