MG Developer has received approval from the City of Doral for Doral Parc: Midtown Doral Phase IV, V & VI, a mixed-use development that will include 552 units in three 10-story buildings and 22,740 square feet of retail space in two new parking garages. This project is a joint venture between MG Developer and Latin American entrepreneur Ernesto De Lucas.
33 Alhambra ProCo, LLC, an affiliate of a joint venture partnership between local developer MG Developer and Peru-based VYV, has submitted plans for an 8-story mixed-use development known as Alhambra Parc, also referred to as 33 Alhambra, in Coral Gables. The project aims to develop the 1.12-acre site at 33 Alhambra Circle, which was acquired in 2022 for $19,250,000. The proposed 104-foot-tall structure would yield a total floor area ratio of 170,694 square feet, comprising 78 residential units, 28,400 square feet of commercial space, and 151 parking spaces. Bellin Pratt & Fuentes Architects is responsible for the design of the Mediterranean-style building, set to be reviewed by Coral Gables’ Development Review Committee on May 31.
MG Developer, led by CEO and Founder Alirio Torrealba, has officially completed the topping off of Metro Parc, marking MG’s first transit-oriented multifamily community in the City of Hialeah and the tallest residential building in…
HKS Real Estate Advisors has successfully closed on a substantial $21 million loan for Merrick Parc, a groundbreaking multifamily development in Coral Gables. This significant financial achievement underscores HKS’s expertise in navigating complex real estate…
Hialeah-based MG Developer, in partnership with Baron Property Group (BPG), a New York-based development company, unveils their ambitious plans for Hialeah’s Metro Center. This transformative project will encompass approximately 2.3 million square feet of upscale apartments and retail space, revolutionizing urban living in the heart of Hialeah.