Miami Land Assemblage Slated for Mixed-Use Project
A fund controlled by David Cohen and Liam Krahe acquired a 35,544-square-foot development site comprising six contiguous parcels in downtown Miami for $20.9 million. The fund is focused on acquiring and developing land in high-growth, high-density submarkets of South Florida for ground-up mixed-use projects.
The six-parcel assemblage forms a single development site located in Miami’s Arts & Entertainment District. The fund plans to immediately develop the land into a mixed-use project consisting of luxury residential multifamily apartments and retail. Construction is expected to begin in early 2026.
The development team includes a joint venture between McCaffery Interests, Inc., and Grandview Development Co..
The seller was the Genting Group, a leisure and hospitality corporation. Salomé Bascuñan of Bilzin Sumberg and Alfonso Jaramillo of Fortune Christie’s International Real Estate represented the seller.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout