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Current media coverage and upcoming developments hand-picked from the industry.
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Chairman Stephen Bittel talks real estate, trends, and building better communities.
South Florida PepsiCo bottling plant could be redeveloped
SOUTH FLORIDA BUSINESS JOURNAL — February 14, 2019 — BY BRIAN BANDELL The PepsiCo bottling plant in Doral could be rezoned for a large commercial and industrial project called District 79. A joint venture between Miami-based Terra and Miami Beach-based Terranova Corp., through 7777 Investments, filed an application with city officials Jan. 14 to rezone the 23.7-acre site as a planned unit development. They acquired the property at 7777 NW 41st from PepsiCo for $40.3 million in…
Terra and Terranova plan retail and industrial project in Doral
THE REAL DEAL — February 8, 2019 — BY KATHERINE KALLERGIS Terra and Terranova Corp. are planning to build a mixed-use commercial project on a nearly 24-acre site in Doral. The two developers are aiming to present their proposal for District 79, an industrial and retail development at 7777 Northwest 41st Street, to the commission by the summer, a spokesperson for Terra said. David Martin, co-founder and president of Terra, said the joint venture is planning for the…
Without a glass ceiling in her way, the only place for Terranova’s new president, Mindy Mcllroy, to go is up.
INDULGE MAGAZINE — February 8, 2019 — BY ANGELA CARAWAY-CARLTON For Mindy McIlroy, traveling has always inspired her work. After romping through European produce markets, and devouring her way through Eataly in Manhattan, the commercial real estate exec knew that Miami Beach needed a food hall. She had just the spot: the always-bustling Lincoln Road, where her longtime employer, Terranova Corporation, owns six buildings. That was five years ago - long before 2018's frenzy of food hall openings.…
Commemorating MUSC as a Parkinson’s Center of Excellence
WCBD-TV (NBC Charleston) — October 24, 2018 — BY HEATHER OLINGER The Parkinson's Foundation and Medical University of South Carolina (MUSC) recently hosted a plaque unveiling ceremony to officially commemorate the university as a Center of Excellence for Parkinson's. The event honored university staff, including Vanessa Hinson, MD, MUSC Director of Movement Disorders and her team, as well as David Cole, MD, MUSC President. They were joined by Sean Kramer, Parkinson's Foundation Chief Development Officer and Stephen Bittel,…
Parkinson’s Foundation Adds 3 Centers of Excellence to Its Network
PARKINSON'S NEWS TODAY — September 27, 2018 — BY LARRY LUXNOR Ohio’s Cleveland Clinic will officially become a Parkinson’s Foundation Center of Excellence on Oct. 2, followed by the Medical University of South Carolina in Charleston on Oct. 4, and the Cleveland Clinic Nevada in Las Vegas on Oct. 19. Next month’s three plaque unveiling ceremonies will bring the number of U.S. and overseas facilities bearing the designation to 45, said John Lehr, CEO of the Parkinson’s Foundation. “The centers are already functional, and up and running,”…
SUMMER CONTINUES TO SIZZLE FOR MIAMI’S RETAIL REAL ESTATE MARKET
MIAMI'S COMMUNITY NEWSPAPERS — August 7, 2018 Terranova Corporation, South Florida’s leading commercial real estate firm, has announced a plethora of new tenants opening in two of its most prestigious retail locations in Miami-Dade County – Coral Gables’ Miracle Mile and Miami Beach’s coveted world-famous pedestrian thoroughfare Lincoln Road. On Lincoln Road, three new restaurants and a café embracing the diversity of Miami Beach’s local and tourist populations, join the vibrant mix of dining destinations and retail outlets on…
Inside the Mind of Stephen Bittel
THE CORAL GABLES MAGAZINE — August 2018 — BY JP FABER Fifteen years ago Stephen Bittel - Chairman and founder of South Florida commercial real estate powerhouse Terranova - decided to begin buying property on Miracle Mile. Today Terranova is the largest property owner on what Bittel calls Coral Gables' "high street," and a firm believer that families today want to live in walkable urban environments rather than in the suburbs. We recently caught up with Bittel and…
First Watch Inks Lease at Miami Lakes Plaza
SOUTH FLORIDA BUSINESS JOURNAL — July 23, 2018 — BY BILLY JEAN LOUIS Two new eateries have signed leases at a South Florida shopping center. Palm Plaza in Miami Lakes will add First Watch and Arepa 69 to its roster. First Watch, which signed a 10-year lease for 3,747 square feet of space, will open in February 2019. The national chain serves breakfast, brunch, and lunch. Arepa 69, which signed a 5-year lease for 1,700 square…
Parkinson’s Foundation Receives $450,000 Gift from Terranova to Expand Centers of Excellence Network
PARKINSON'S FOUNDATION NEWS — February 6, 2018 — BY CAROLINA HENRIQUES Stephen Bittel, found and chairman of Terranova, has donated $450,000 to the Miami-based Parkinson's Foundation to fund the expansion of its Centers of Excellence network. Bittel also pledged to use his personal and professional networks to raise an additional $1 million for ongoing fellowship grants to encourage young scientists, clinicians and students to study Parkinson's disease. "We are extremely grateful for Stephen's generous donation and his ongoing…
PepsiCo sells Miami-Dade site to Terra, Terranova for $40M
SOUTH FLORIDA BUSINESS JOURNAL — January 2, 2018 — BY BRIAN BANDELL PepsiCo sold its Miami-Dade County offices and bottling plant for $40.27 million to a joint venture between local developers Terra and Terranova Corp. The Business Journal reports in July that the beverage company (NYSE: PEP) listed the 23.7-acre site at 7777 NW 41 St. in Doral for sale. The listing agents were NAI Global's Jay Olshonsky, Clifford Moskowitz and Kimberly Kocur, plus NAI Miami's Gabriela Garcia-Menocal and Lucia Custer.…