Record $1.225 billion land deal in Miami impacts pre-construction projects in Downtown and Edgewater
Last month, Terra Group, a local developer, acquired a 15.5-acre waterfront parcel in Downtown Miami for a record-breaking $1.225 billion, highlighting the area’s high growth potential. This historic transaction marks the largest land acquisition in Florida. What does it mean for the real estate market? Keep reading to learn more about this transaction and how …