
Boundary blurred: Industrial project beyond growth development line approved, despite wetlands alarm
After a year of trying, a contentious industrial project proposed outside Miami-Dade County’s Urban Development Boundary finally got approval, despite environmental groups’ concerns over the loss of wetlands. Kelly Tractor, a heavy machinery supplier, will get to develop its up to 2.7 million-squar

Shoma scores $173M construction loan for North Bay Village condo tower
Shoma Group secured a $172.5 million construction loan for its mixed-use condo tower in North Bay Village. Nuveen Green Capital is providing the C-PACE debt, according to a release from Newmark Capital Markets Strategies, which arranged the financing. Coral Gables-based Shoma, led by Masoud and Ste

Hines, Urban Street attract 35K sf office lease at Flagler Village development
A Fortune 500 logistics company is putting down roots in Fort Lauderdale. GXO Logistics, the world’s largest pure-play contract logistics provider, signed one the first office leases at Hines and Urban Street Development’s T3 FAT Village at 501 North Andrews Avenue, within Fort Lauderdale’s Flagler
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