South Florida-based Terra is one step closer to breaking ground on Upland Park, thanks to the acquisition of a $170 million construction loan from SCALE Lending. Upon completion, the $1 billion “multimodal” venture will offer residential, retail, and commercial space. Here’s what’s in store.

CMC Group has completed a $5 million renovation at 4000 Ponce, a nine-story Class A mixed-use office and retail development in Coral Gables’ Southern Business District. Originally developed in 2002 by Ugo Colombo’s CMC Group, the property features 150,000 square feet of office space and 32,000 square feet of ground-floor retail. The building, which houses tenants like Steinway & Sons, Coldwell Banker, and Hemisphere Media Group, is currently 92% occupied.

Miami Lakes-based Centennial Management Corp. hopes to get approval for a mixed-use venture with affordable housing near the Earlington Court Metrorail Station. The eponymous Earlington Court Apartments would offer 80 residences, spanning 610 to 850 square feet each.

Pier Sixty-Six, a prominent fixture in Fort Lauderdale’s waterfront, is undergoing a transformative redevelopment spearheaded by Tavistock Development Company. Established in the 1950s as a Phillips 66 Petroleum fuel dock, the site became a landmark in the 1960s with the construction of its iconic spire tower. Now reimagined as a 32-acre luxury destination, Pier Sixty-Six blends residential, hospitality, and marina experiences in what will be a defining addition to Fort Lauderdale’s coastline.

A Miami-based developer has plans for a mixed-use high-rise tower that would occupy a 1.02-acre site. Black Salmon Edgewater would require 552,326 square feet of new construction, rising 36 stories and offering 229 multi-family units.