Developer Secures $291 Million in Financing for Centro City Mixed-Use Development in West Little Havana

Terra has secured $291 million in permanent financing for the first phase of Centro City, a 38-acre mixed-use development located in Miami-Dade County’s West Little Havana neighborhood. The project, spanning residential and retail components, marks a significant milestone as leasing begins and tenants prepare to move into the completed phase.

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Developers Under Contract for $520M Waterfront Assemblage at 1001 and 1111 Brickell Bay Drive in Brickell

Oak Row Equities and Mariposa Real Estate have reached an agreement to acquire Aimco’s 4.25-acre waterfront property at 1001 and 1111 Brickell Bay Drive for $520 million. This transaction, expected to close in the fourth quarter of 2025, will represent the largest single land acquisition in South Florida to date. The site, zoned for over three million square feet of development, features 485 feet of continuous Biscayne Bay frontage and is primed for ultra-luxury condominiums.

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