Masoud and Stephanie Shojaee’s Shoma proposes 201-unit Live Local Act project in Coral Gables
Shoma Group proposes a 201-unit Live Local Act apartment project in Coral Gables, marking the first known development in the city under the state’s affordable and workforce housing law. Coral Gables-based Shoma wants to build the 16-story Ponce 8 on a 0.8-acre site at 3808-3850 Southwest Eighth Street, near the Douglas Entrance office campus, according to the developer’s news release. Designed by PPKS Architects, Ponce 8 will include 18,000 square feet of commercial space. Shoma is led by married couple Masoud and Stephanie Shojaee. Stephanie Shojaee joined “Real Housewives of Miami” as a cast member late last year. Shoma has […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Voters elect Live Local, condo reform advocate Vicki Lopez, shoot down Miami marina, Miami Beach office projects

Florida voters approve Amendment 3 property tax referendum

Real estate industry-backed Byron Donalds narrowly wins historic Florida governor’s race

Mapping Toledano family, BH Group’s pipeline of Florida projects

E11even’s Marc Roberts admits forwarding anti-Islamic email, but says he didn’t write it

ZOM affiliate files for bankruptcy after $308M Arizona judgment, seeks to sell its assets

Florida’s $7B-plus in hotel deals drive national investment activity despite mounting financing, operating challenges

Walmart-anchored retail sale in Fort Lauderdale marks second deal in a week for Miami Heat co-owner’s firm

Sean Conlon secures financing on West Palm property after Chicago foreclosure on personal guarantee

Jaw-dropping: Aldo Stark’s James Bond-inspired mansion finds buyer at $85M

