On June 15, 2021, Coconut Grove-based Terra Group, lead by founders David and Pedro Martin, came to an early agreement with Miami-Dade County for the development of Upland Park, a 3 million square-foot transit-oriented mixed-use project to be located near Dolphin Station. The developer has taken on a 97-year lease on the 33-acre property at the crossroad of the Florida Turnpike and Dolpnin Expressway. Terra is also planning to incorporate Dolpbon station into the development to make it fully transit-oriented.
Developers Terra Group, lead by David Martin and GFO Investments, lead by Russel Galbut, have started sales on their upcoming condo tower titled Five Park, a 48-story skyscraper that will soon hold the title of the tallest building in all of Miami Beach. Addressed as 500 Alton Road, the structure is anticipated to rise 519-feet, towering over the entrance to South Beach. Designed by Arquitectonica with Gabellini Sheppard handling interiors, the development will yield approximately 278 residences and nearly 40,000 square feet of amenities.