Electra America

Developers Unveil Plans For $1B Southland Mall Redevelopment In Cutler Bay, Miami-Dade County

8:00 am on September 22, 2022 By Oscar Nunez

Electra America, a real estate private equity firm, along with its U.S.-affiliate, American Landmark, and BH Group, a Miami-based private real estate investment, and development firm, has unveiled preliminary plans for the redevelopment and revitalization of the Southland Mall in Cutler Bay, located at 20505 South Dixie Highway, approximately 20 miles south of downtown Miami. The 80-acre, $1 billion redevelopment will be one of the most significant projects of its kind in the Southeast and be called Southplace City Center, designed and master planned by MSA Architects Inc. with Insite Studio as the landscape architect, Kimley Horn as the civil/traffic engineer, CPH for retail consulting, and Florida Economic Advisors for economic consulting.

Electra America Hospitality Group Purchases Brand New West Palm Beach Property, Plans Transformation To Luxury Hotel Residence

8:00 am on April 14, 2022 By Oscar Nunez

Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA, has acquired a brand new property in downtown West Palm Beach that will be transformed into an upscale, hotel residence catering to the city’s rapidly growing corporate and leisure travel community. EAHG purchased the newly built, 6-story building located at 695 South Olive Avenue for $84 million from developer Transwestern Development Company. It is conveniently located within walking distance of historic Clematis Street, the Brightline West Palm Beach train station, numerous restaurants and night clubs, Palm Beach Atlantic University, several premier Class A office towers including Esperante Corporate Center and the new One Flagler, and just one block from the Intracoastal Waterway, leading to the serene and exclusive Palm Beach.

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