Tag Archive for: Stephen Bittel

Stephen Bittel

Inside Out – Terranova Proves Building Communities Truly Begins at Home

February 19, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY As the South Florida real estate landscape continues to grow and change at a breakneck pace. Terranova has remained committed to their roots. During this current development cycle, and all other before it, Terranova has stayed connected to South Florida neighborhoods and beyond by remembering it is those who actually live and work here that make up any community.

“At Terranova, we’re driven by what our communities really need and how we can make a positive impact on the surrounding neighborhoods. Whenever we can, we work that into our leasing efforts and development projects, but more importantly, we encourage every member of our team to be active and involved in their communities,” says Terranova Chairman, Stephen Bittel. With so many out-of-state and foreign teams competing for their places on the skyline, the South-Florida-based company’s mindset is unique. It also explains how the now 35-year-old firm has maintained a solid presence throughout the area’s numerous market transitions. “We’re a part of the fabric of this community,” says Bittel. “We’re in it for the long haul. Quite simply, this place means something to all of us on a personal level, which means we’re in this business to see things through.”


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 support of our mission,” John L. Lehr, the foundation’s CEO, said in a press release. “His contributions will have a significant impact on our community, as we continue to lead the charge in making life better for people with Parkinson’s and working toward a cure.”


Stephen Bittel

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.

Terra and Terranova Corp. announced that they had formed 7777 Investment LLC to acquire the property from PespsiCo and sign a lease with the beverage company. While the developers didn’t disclose the length of the lease, they indicated it was not long term, and they plan to redevelop the property for up to 500,000 square feet of commercial space.