Codina Partners has officially broken ground on Sevilla, a seven-story, 412-unit mid-rise residential tower located in the heart of Downtown Doral. The project marks the latest addition to the 250-acre master-planned community and is positioned to meet growing demand for upscale, amenity-rich living in one of Miami-Dade County’s fastest-growing submarkets.
“With Sevilla, we’re reinforcing our commitment to developing high-quality residential offerings that support the dynamic lifestyles of our residents,” said Ana-Marie Codina, CEO of Codina Partners. “This project aligns with our ‘live, work, play, and learn’ philosophy, and we are confident Sevilla will meet strong demand in today’s residential market.”
Sevilla at Doral. Credit: Codina Partners.
To finance the development, Codina Partners secured a $100 million construction loan from Regions Bank and Ocean Bank. Regions Bank is providing 65 percent of the total financing, while Ocean Bank is contributing the remaining 35 percent.
Sevilla is rising on a 4.2-acre site at the corner of NW 53rd Street and NW 52nd Terrace, just one block from UHealth’s newly completed 150,000-square-foot Ambulatory Center. The tower will offer a mix of one-, two-, and three-bedroom residences ranging from 720 to 1,708 square feet.
Amenities will include more than 15,800 square feet of indoor and outdoor common areas, such as a beach-entry pool with cabanas, BBQ stations, outdoor lounges, a zen courtyard, rooftop pickleball courts, a yoga yard, a dog park, a two-story fitness center, a ride-share lobby, and an elegant club room and lounge.
Sevilla at Doral. Credit: Codina Partners.
The development will be delivered in two phases. Initial move-ins are scheduled to begin in the first quarter of 2027, with full project completion expected by the third quarter of that year.
In tandem with the Sevilla groundbreaking, Codina Partners is expanding its multi-family platform. In May, the firm launched an in-house property management division to oversee operations across its residential portfolio, including Sevilla. Earlier this year, Codina Partners closed a $124 million refinancing deal on Palma Tower, becoming the sole owner of the 459-unit complex, which is also now managed by the new division.
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