Current media coverage and upcoming developments hand-picked from the industry.

Lincoln Road Blanketed with 500 Native Orchids

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MIAMI TODAY — JULY 9,  2019 — BY ERO PARTSAKOULAKI Walking on Miami Beach this summer can be even more mesmerizing than usual. Since Tuesday morning a block of Lincoln Road has been blanketed with 500 native orchids, planted among the palms and hardwood trees.

Over eight species of the vibrant plant were donated to the City of Miami Beach by Terranova, one of South Florida’s leading real estate firms, contributing to the city’s goal to plant a total of 20,000 native orchids throughout the urban island.

“The fact that we make something beautiful and exciting that our residents and visitors will like, while at the same time doing good to the environment, is just an incredible opportunity for all of us,” said Stephen Bittel, Terranova’s chariman.

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South Florida PepsiCo bottling plant could be redeveloped

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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 2017.

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Terra and Terranova plan retail and industrial project in Doral

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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 future and betting on the area’s strong industrial market.

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